Entries by Holly Thorne

F&M Bank Corp. Announces Second Quarter Earnings

F & M Bank Corp. (OTCQX:FMBM), parent company of Farmers & Merchants Bank, announces its financial results for the second quarter ending June 30, 2019. Selected highlights for the quarter include: Net income of $1.63 million; Net interest margin of 4.47% for the quarter and 4.57% YTD; Net interest income increased $208,000; Non-Interest Income increased […]

Is Cash Still King? Digital Payment Services Are Increasing in Popularity

Is cash still king? If you’re like many Americans, the answer to that question is probably no. According to a study conducted by the Pew Research Center, roughly 3 in 10 Americans say they make no purchases using cash during a typical week. For Americans who report that all, or almost all purchases are made […]

F&M Bank’s 2019 Community Shred Day Events

One in 14 will become a victim of identity theft. Protect your identity by safely disposing of personal documents at our Community Shred Days at a location near you. Crossroads (Harrisonburg) Friday, April 5th, 3:00-5:00pm Grottoes Friday, April 12th, 3:00-5:00pm Broadway Friday, April 26th, 3:00-5:00pm Elkton Friday, May 3rd, 3:00-5:00pm Luray Saturday, May 4th, 9:00-12:00pm […]

MyCardRules App Migration Notice

On Monday, June 17th, F&M Bank will be migrating to a new MyCardRules administrative platform. To help ensure you are operating on the latest version of the MyCardRules app and your username is not duplicated, on migration day, please log out of your account, and then log back in with your username and password. Following […]

Barton Black Joins Executive Team of F&M Bank

F&M Bank’s senior leadership team and board of directors welcome Barton Black to a newly created role in the organization as Executive Vice President, Chief Strategy and Risk Officer. Mr. Black joins F&M Bank with over 25 years of banking experience.  He comes to the bank from Strategic Risk Associates based in Richmond Virginia where […]

F&M Bank Ranked Nationally by American Banker Magazine

We are happy to report F&M Bank’s placement in the American Banker’s Top 200 list again in 2019 for our 3-year ROAE (Return on Average Equity) of 10.45%. Over 600 banks are included in the American Banker survey, making this recognition quite an honor. This year F&M Bank ranked 116th overall and 6th among the Virginia […]

First Quarter 2019 Earnings and Dividends

F & M Bank Corp. Announces First Quarter Earnings and Dividend Press Release | 04/29/2019 TIMBERVILLE, VA / ACCESSWIRE / April 29, 2019 / F & M Bank Corp. (OTCQX: FMBM), parent company of Farmers & Merchants Bank, announces its financial results for the first quarter ending March 31, 2019. Selected highlights for the quarter include: Net income […]

New Farmers Guide to Starting a Farm in Virginia

If you’ve been considering starting a hobby farm or a small farm for profit, you’re one of thousands of Americans of all ages who have recently delved into the field. To continue to encourage the growth of new farms, even the USDA has put money on the line, “nearly [tripling] funding for the only two […]

F&M Bank volunteers mark Agriculture Literacy Week

PRESS RELEASE: F&M Bank volunteers mark Agriculture Literacy Week For Immediate Release | March 27, 2019 Virginia Agriculture in the Classroom celebrated its annual Agriculture Literacy Week March 18-22, and volunteers from Bridgewater, Elkton and Woodstock F&M Bank locations were among participants. John Coffman, Ashley Griffith, Ashley Lam, Ashley McClure, and Paul Eberly of F&M […]

Officer Promotions at F&M Bank

PRESS RELEASE: Employee Promotions For Immediate Release Farmers & Merchants Bank and its Board of Directors would like to congratulate the following individuals on their Officer promotions effective March 25, 2019. Vice President:  Kay Dean Jackie Burner Assistant Vice President:  Barbara Bartley Bank Officer:  Donna O’Byrne Kelsey Dean Sharrie Harrison Ashley McClure Jessica Luce For […]