KFS Mortgage Company LLC, the Waterville-based lending corporation that is a wholly owned subsidiary of Kennebec Savings Bank, has named Sarah Sachs as its new president. Sachs brings extensive experience in residential mortgage, retail banking and small business lending to her new role, according to a news release from the company.
Prior to joining KFS Mortgage Company LLC, Sachs served in key roles at other banks as a vice president and mortgage lending manager. Under her leadership, her teams have won local and national awards in residential lending and retail banking.
“I’m very excited to take on this new role,” Sachs said. “My mission is to expand our product offerings here at KFS Mortgage Company, hire mortgage officers and open additional mortgage offices in other parts of the state.” She noted that KFS Mortgage Company LLC offers government mortgage products through Freddie Mac, Maine Housing, Rural Development, and the Veterans Affairs that will enhance what Kennebec Savings Bank already offers.
An active member of the central Maine community, Sachs serves as commissioner and treasurer of the Augusta Housing Authority; a member of the board of directors of the Augusta Teen Center, and president of the board of directors of Howell House. She is a member of the Maine Association of Mortgage Professionals and an affiliate member of the Kennebec Valley Board of Realtors and Greater Portland Board of Realtors. Sachs lives in Augusta with her husband, Alden. They have two grown children.
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