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Rachel Payne

Honaker to Lead First Freedom in Putnam County

Rachel Honaker has been promoted to Putnam County Market Manager, announced John Lancaster, Chairman and CEO.

 Rachel began her career with First Freedom in 2021 as a Personal Banker at the Cookeville Office. She received multiple promotions, ultimately serving as the Algood Office Manager.  Under Rachel’s leadership, the Algood office experienced tremendous growth and outperformed many First Freedom Offices in key metrics.  With this promotion to Putnam County Market Manager, Rachel will oversee the operations of both the Cookeville and Algood offices, representing $120 million in customer deposits.

“Rachel is an outstanding young banker and very deserving of this critical position,” stated Lancaster.  She understands that top-shelf service is our brand, and that local decision-making and community commitment is key to our success.” 

Rachel has a B.S in Business Administration / Finance from Tennessee Tech, as well as several years of prior experience in the financial industry.  She is currently completing the Retail Banking Leadership Series through Tennessee Bankers Association. 

Having attended college and having worked for several years in the area, she is at home in Putnam County and prioritizes being an active member of the community.  Rachel currently serves on the Administrative Office Technology Advisory Board for TCAT-Livingston and is a member of the Daughters of the American Revolution.


First Freedom joined the Putnam County community in 2016, where we continue our legacy as an independent, community-focused, full service bank. Learn more about our two Putnam County offices by clicking the buttons below.

Bank Promotion, First Freedom Bank, Putnam County