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111

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 […]

114

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 Virginiaโ€™s minimum hourly rate of $11.00 and the federal minimum hourly wage […]

115

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 (โ€œBTVโ€ or the โ€œFundโ€), a strategic investment fund with the mission to support community banks through investment and education around banking technology. With general partners from […]

116

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 […]

120

Meet Your Lender: Erica Deluhery

Meet Your Lender: Erica Deluhery   Meetย Erica Deluhery, the newest member of our commercial lending team; a history buff, a world traveler, and a champion for our local businesses.   “I consider myself an accidental banker. I was actually on my way to becoming a teacher. I come from a family of teachers and thought […]