F&M Bank to Host Groundbreaking Ceremony for New Branch at Coffman’s Corner
New Location Slated to Open in 2017
TIMBERVILLE, VA—October 3, 2016— F&M Bank, a locally owned independent community bank headquartered in Timberville, VA, is excited to announce it will soon break ground on its 14th location near RMH Sentara Campus in Harrisonburg.
The ground breaking ceremony will take place on Thursday, October 13th from 11:30 am – 12:30 pm at 2030 Legacy Lane in Harrisonburg. Coffman’s Corner is an 11-acre mixed-use development that will be comprised of destination retail, medical and professional offices. Coffman’s Corner is one of the last remaining prime parcels near the new $300 million Rockingham Memorial Campus (RMH).
“Coffman’s Corner, by Cottonwood Commercial, has road frontage on both Port Republic Road (24,000 AADT) and Southeast Connector Road (projected 31,000 AADT) which connects every commercial corridor in Harrisonburg. This highly visible parcel is located directly across from RMH, which serves over 190,000 outpatients and 16,300 inpatients each year and has more than 2,400 employees. It is directly connected to 8,000+ Student Beds, JMU’ s main campus (8,200 employees), and Interstate 81 within 2 miles via Port Republic Road”, according to Cottonwood Commercial’s website.
The Harrisonburg-Rockingham Chamber of Commerce, public officials, and F&M Bank staff and board members will be in attendance and available for comment. The public is invited to attend the event and stay for a light lunch.
F&M Bank currently operates bank branches in Harrisonburg, Staunton, the counties of Rockingham, Page, Shenandoah, and Augusta; an automotive dealer finance division in Harrisonburg; VBS Mortgage in Harrisonburg; and a loan production office in Fishersville. F&M Bank also recently broke ground on a branch in Augusta County, located at Myers Corner on Route 250 in Fishersville. The much anticipated Coffman’s Corner branch is slated to open in 2017 and will provide its customers a unique branch setting along with a multi-use facility for meetings and events.
For additional information about F&M Bank or the groundbreaking ceremony, contact Holly Thorne, 540-896-1743, or email marketing@fmbankva.com.
About F&M Bank:
F&M Bank serves the Shenandoah Valley with 12 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. Farmers & Merchants Bank has grown to over $700 million in assets — celebrating its most successful year in history in 2015 — 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.
Coffman’s Corner by Cottonwood Commercial: http://www.coffmanscorner.com
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