What's New
F&M - A Strong, Growing Bank
On October 22, 2012 F & M Bank released its report on earnings and financial performance for the 3rd Quarter, 2012. We're pleased to let you know that your local community bank is financially strong, with record earnings for the quarter. Unlike some other banks, we have continued to be profitable during the recent recession, and we continue to grow. Click here to read the entire press release.
F&M Announces New Loan Production Offices
On October 1, 2012, F&M Bank opened a loan production office in Fishersville, VA. This office is currently staffed with a Business Development/Commercial Loan Officer. Future plans include hiring one or more Mortgage Lenders in cooperation with our affiliate VBS Mortgage. Dean Withers, President and CEO, commented “We’re excited to be expanding further into the Augusta County market. We previously only provided limited services to Augusta County through our courier service and the proximity of our branch office in Bridgewater, VA, which served portions of northern Augusta County. Fishersville is a vibrant and growing market within Augusta County and offers wonderful growth opportunities for our bank.”
On September 25, 2012, F&M Bank began operations of a loan production office in Penn Laird, VA which specializes in providing automobile financing through a network of automobile dealers. Dean Withers stated “We are fortunate to staff our new Dealer Finance Division with three officers that have extensive experience in Dealer Finance. This office is serving the automobile finance needs for customers of dealers throughout the existing geographic footprint of F&M Bank. Approximately thirty dealers have signed contracts with us to originate loans on behalf of F&M Bank. We will also continue to seek opportunities to add more dealers to our network.”
Finally, Withers noted, “We’re gratified by the reception we are already receiving from the automobile dealers and commercial customers in these two new markets for F&M Bank. It is an exciting time for us as we continue to grow and expand on the community banking foundation that was first started by a group of enterprising farmers and merchants over 100 years ago.”
Kids Days At F&M Branches
We have some FUN planned at F&M branches this fall! We’ll be hosting 7 different KIDS FUN DAYS in September and October, open to the public (learn more)
We have a full schedule of activities, and you and your neighbors and friends are invited to come participate. Each branch has different activities, games, demonstrations, and refreshments, so watch for details on our website and in the branches.
Here is the schedule:
- Bridgewater – Friday Sept 14, 3-5 p.m. "Farm Fun"
- Elkton – Friday Sept. 21, 4-6 p.m. "Fall Bank Bash"
- Timberville – Saturday Sept 22, 12:30 – 3 p.m "Autumn Family Fling"
- Crossroads – Friday Oct. 12, 3-6 p.m. "Family Fun Fest"
- Woodstock – Saturday Oct. 13, 12:30 – 2:30 "Kids Fiesta"
- Broadway – Saturday Oct. 13, 12:30 – 2:30 "Kids Carnival"
- Luray – Friday Oct. 19, 3-5 p.m "Kids Fun Day"
There will be things like fire trucks, burn displays, petting zoos, clowns, facepainting, arts & crafts, and even NFL players! We hope you’ll come visit with us.
Mobile Banking Now Available
You can now securely access your F&M Online Banking account using your smart phone or mobile device. We have a new online platform especially designed to display on phone screens. There are free apps at the Android Market and iTunes store, too, to make access even more convenient.
Ask all about this service at any branch - or visit our Online Banking web page for more details.
