PRESS RELEASE: F&M Bank Corp. Board of Directors Appoints President
For Immediate Release
TIMBERVILLE, VA ‐‐ On December 1, 2017, the Board of Directors of F&M Bank Corp. (OTCQX: FMBM) named Mark C. Hanna as the new President of F&M Bank.
“The board and I are delighted to have Mark join our team,” said Ellen Fitzwater, F&M Bank Board Chairman, “we are confident that Mr. Hanna’s well-rounded banking experience will serve our customers, shareholders, and communities well, and we look forward to working alongside him during his transition.”
Mr. Hanna brings over 27 years of banking experience to the position, most recently as Tidewater Regional President for Eastern Virginia Bankshares and as President and Chief Executive Officer of Virginia Company Bank.
On his appointment, Mr. Hanna said, “I am excited and honored to take on this role. I look forward to joining the F&M family while continuing the tradition of investing in our communities and providing a best-in-class experience for our employees, shareholders, and customers.”
Mr. Hanna will be relocating to the F&M Bank market area along with his family and will work alongside current CEO, Dean Withers, and the F&M Bank Board for the next several months.
For more information, or comments from Mrs. Fitzwater, Mr. Withers, or Mr. Hanna, please email email@example.com or call (540) 217-6409.
About F&M Bank Corp.
F&M Bank Corp. operates as the holding company for F&M Bank, which provides commercial banking and financial services to individuals and businesses in Virginia. The company's deposit products include interest bearing and noninterest bearing demand, savings, and time deposits, as well as money market accounts. It also offers residential mortgage and construction loans; consumer installment loans; commercial loans, such as agricultural loans; and credit card loans. The company also provides title insurance, brokerage services, and property/casualty insurance to its banking customers. F&M Bank Corp., through its other subsidiary, TEB Life Insurance Company, reinsures credit life, and accident and health insurance. F&M Bank operates locations in Rockingham County, Shenandoah County, Page County, Augusta County, and the Cities of Harrisonburg and Staunton, Virginia. The company was founded in 1908, is headquartered in Timberville, and is the only publicly traded corporation based in Rockingham County, VA.
About F&M Bank
F&M Bank serves the Shenandoah Valley with 13 full-service branches, a network of ATMs, and a wide variety of financial services. Both individuals and businesses find the organization's local decision-making, and up-to-date technology provide the kind of responsive, knowledgeable, and reliable service that only a progressive community bank can. F&M Bank has grown to over $750 million in assets and boasts over 160 full and part-time employees. Its conservative approach to finances and sound investments, along with excellent customer service, has made F&M Bank profitable and continues to pave the way for a bright future.