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Guide to VHDA Mortgages for First-Time Homebuyers
Buying a home in Virginia is an exciting process that you have probably been looking forward to for years. If you are a first-time homebuyer, the process of choosing a mortgage lender, deciding on a mortgage type, and applying for a home loan may seem intimidating. At F&M Bank and F&M Mortgage, we have been […]
F&M Bank โ Farmers & Merchants Bank Names New Chief of Development and New Chief Credit Officer
F&M Bank โ Farmers & Merchants Bank Names New Chief of Development and New Chief Credit Officer For Immediate Release | Timberville, VA. August 24, 2022 โ F&M Bank, a subsidiary of F&M Bank Corp., is pleased to announce the promotion of Paul Eberly to Chief Development Officer and Jason Withers to Chief Credit […]
F&M Bank Announces 33% Increase in Starting Wages
Timberville, VA. August 4, 2022 – F&M Bank, a subsidiary of F&M Bank Corp, increased its employeesโ starting wages from $15 to $20 per hour, a 33% increase, effective August 1, 2022.ย This minimum hourly pay rate is substantially above the Commonwealth of Virginiaโs minimum hourly rate of $11.00 and the federal minimum hourly wage […]
F&M Bank โ Farmers & Merchants Bank Announce Investment in BankTech Ventures Fund
Timberville, VA. August 2, 2022 โ F&M Bank, also known as Farmers & Merchants Bank, announced today that it has committed to be an investor in BankTech Ventures, LP (โBTVโ or the โFundโ), a strategic investment fund with the mission to support community banks through investment and education around banking technology. With general partners from […]
F & M Bank Corp. Announces Second Quarter 2022 Earnings And Dividend
TIMBERVILLE, VA / ACCESSWIRE / July 28, 2022 /ย F & M Bank Corp. (OTCQX:FMBM), parent company (the Company) of Farmers & Merchants Bank today reported earnings for quarter ending June 30, 2022. Mark Hanna, President, commented “ย F&M Bank had earnings of $1.8 million in the second quarter of 2022 which were driven by strong loan […]
Commercial Financing Best Practices for New Business in Shenandoah Valley
Launching a new business requires expert wrangling of multiple moving parts. Luckily F&M Bank is here to help you with the financial side of starting or growing your small business. Getting a small business loan in the Shenandoah Valley should not be complicated. F&M Bankโs friendly lending team is here to provide the information and […]