Area Students Awarded VBA Bank Day Scholarships

In early March, F&M Bank hosted 23 Valley high school seniors and participated in the Virginia Bankers Association (VBA) Bank Day scholarship program. The results are in, and F&M Bank is excited to congratulate Skylar Wampler and Chandler Showalter on winning the Valley Region!

In early March, F&M Bank, a locally owned independent community bank headquartered in Timberville, VA, hosted 23 Valley high school seniors and participated in the Virginia Bankers Association (VBA) Bank Day scholarship program. The results are in, and F&M Bank is excited to congratulate Skylar Wampler and Chandler Showalter on winning the Valley Region!

Skylar Wampler, Broadway High School, is the Valley Regional winner and is awarded a $2,500 scholarship. Skylar’s essay has been entered in the statewide competition, where she has the chance to win an additional $5,000 scholarship. Chandler Showalter, Waynesboro High School, is the Valley Honorable mention and is awarded a $1,000 scholarship. Both students wrote excellent essays highlighting the importance of saving, investing, and establishing a relationship with a local bank to help pave the way for their financial future. This is the first year in which students shadowing at F&M Bank have won both the Regional and Honorable Mention categories.

The purpose of Bank Day, a statewide effort sponsored by the Virginia Bankers Association (VBA) Education Foundation and the Virginia Bankers Association Leadership Division is to expose students to the banking industry and provide an opportunity for the students to learn about banking, financial services and the vital role F&M Bank plays in its community. During their time at the bank, the students visited various departments and learned about the loan process, the importance of good credit, the profile of a qualified borrower, appropriate etiquette during a job interview, how F&M Bank is involved in the community, the Federal Reserve System, payments, etc. This year, students also had the opportunity to sit in on a Board meeting and visit a local business financed by F&M Bank.

“Bank Day is one of the best short-term, hands-on experiences that a classroom teacher can offer their students—the opportunity to go inside the bank vault, to watch customer/bank officer interaction, to learn about the many services that banks offer, and to start the networking that often leads to part-time and summer jobs, scholarships, and a start on a career path in the financial world,” said Bruce Whitehurst, President & CEO of the Virginia Bankers Association.

F&M Bank is proud of both Skylar and Chandler and wish the students the best of luck as they continue pursuing their education at the college level!