Staunton is an extremely vibrant city, and locally owned businesses pave the way for the community to flourish and grow. Here at F&M Bank, you mean a great deal to our team, and we are thankful for all you do. As an organization, we are immensely saddened to see the recent flood damage impacting the […]
F&M Bank is pleased to welcome Brooke Zirk, Vice President and Commercial Relationship Manager, to the Harrisonburg and Rockingham County Commercial Team. Brooke brings with her over 15 years of banking experience to include both consumer and commercial lending. Her consultative approach to finance will be an asset to the F&M team. “I am so […]
F & M Bank Corp. (OTCQX:FMBM), parent company of Farmers & Merchants Bank, announces its financial results for the second quarter ending June 30, 2020 and second quarter dividend to shareholders. As the global pandemic continues, the company continually assesses our procedures to maintain the safety of our customers, employees and community while serving their […]
Since the Coronavirus (COVID-19) pandemic started to affect the American economy in March, the stock market has been fluctuating along with the news headlines. For many people, especially those close to retiring in Virginia, 401(k) management is a big concern. As a longtime community bank serving the Shenandoah Valley, we have plenty of experience helping […]
2020 threw a major curve ball to the entire world, with small businesses especially hard hit by pandemic-related economic challenges. Now, as Virginia moves into the third phase of reopening, local small businesses are taking stock of the damage and preparing to bounce back. Here are 10 things to check off your to-do list to […]
Before you can make the transition from renting to owning your home, you might need to have a substantial down payment, typically 5 to 20 percent of the home’s value. The American Bankers Association suggests the following tips to help save for it: Develop a Budget & Timeline Start by determining how much you’ll need […]
F&M Bank announced today that it has processed more than 600 loans totaling approximately $60 million under the Small Business Administration’s Paycheck Protection Program (PPP) to help local small businesses support payroll and related costs, saving numerous jobs within the Shenandoah Valley. The average loan size was approximately $95K as of May 26, 2020. The […]
Are you a farmer or rancher whose operation has been directly impacted by the coronavirus pandemic? The Coronavirus Food Assistance Program (CFAP) will provide direct relief to producers who faced price declines and additional marketing costs due to COVID-19. USDA is now taking applications for the CFAP. As part of applying for the program, you’ll […]
