#USA #Chambersburg #Banking #F&M Trust #Chad Carroll

Chad Carroll Takes Leadership Role at F&M Trust

F&M Trust has announced the promotion of Chad Carroll to the position of President, effective April 28, 2026. This strategic move underscores the bank's commitment to strong leadership and community service as it embarks on its next phase of growth.

Background of Chad Carroll

Chad Carroll joined F&M Trust in 2023, initially taking on the role of Executive Vice President and Chief Operating Officer. His quick ascent to Senior Executive Vice President in January 2026 illustrates his significant impact on the organization. In these roles, Carroll has been heavily involved in overseeing daily operations, managing market expansion efforts, and supporting asset growth initiatives that have benefitted both the bank and its stakeholders.

Under Carroll’s guidance, the bank has developed a reputation for its community engagement and innovative financial solutions. His educational background and prior experience have equipped him to effectively lead a modern and customer-focused banking institution.

A Vision for the Future

In his new role as President and Chief Operating Officer, Carroll will collaborate closely with Craig Best, the Chief Executive Officer. Together, they aim to shape the strategic direction of F&M Trust, ensuring the organization remains responsive to the evolving needs of its customers and communities.

Carroll stated, "I am honored to step into the role of President at F&M Trust. I look forward to embracing the opportunity to continue serving our loyal customers and contributing positively to our communities. Our strategic plan is focused on growth and providing comprehensive banking services that meet the needs of today’s consumers."

CEO Craig Best praised Carroll's leadership qualities, expressing confidence in his ability to drive the bank’s strategic initiatives. Best noted, "Chad has demonstrated exceptional leadership, strategic vision, and a deep commitment to our customers, employees, and communities. I am excited about the future of F&M Trust under his direction."

The Commitment to the Community

F&M Trust is not just another community bank; it distinguishes itself through a profound commitment to its clients and local community. With assets totaling $2.2 billion, the bank operates 23 branches primarily in Pennsylvania and Maryland, with a focus on providing personalized banking solutions that enhance the financial wellbeing of its customers.

The promotion of Carroll highlights the importance F&M Trust places on developing leaders from within the organization. With an emphasis on promoting from within, the bank seeks to ensure that its leadership mirrors the values, culture, and vision of its loyal customer base.

The Role of the Board of Directors

In addition to his new responsibilities, Carroll will also be appointed to the F&M Trust Board of Directors, which will allow him to play a more influential role in shaping the strategic governance of the organization. G. Warren Elliott, the Chairman of the Board, expressed enthusiasm about working with Carroll in his new capacity. Elliott remarked, "Chad Carroll has been a key contributor to the success we’ve achieved at F&M Trust. His insights and initiatives have been pivotal in reaching our goals."

Conclusion

As F&M Trust enters this new chapter with Chad Carroll at the forefront, the organization is poised for continued growth. Carroll's proven track record and dedication to the community reflect the values at the core of F&M Trust. This leadership change is not only an exciting development for the bank but also for the customers and communities it serves as it strives to fulfill its mission and expand its influence in the financial landscape.