F&M Is The Best Bank For Keeping Your Business Local.

F&M provides comprehensive services in your local community making it the best bank for those living and working in the Shenandoah Valley and beyond. Since 1908, we have been grateful to play a part in the growth and success of our region.

  • 1908

    Farmers and Merchants Bank is founded and incorporated by local business owners and farmers in Timberville, VA.

  • 1956

    Chairman Lawrence Hoover, Sr. announces Bank growth to $5 million at the annual shareholders meeting.

  • 1973

    F&M Bank opens a branch in Elkton, VA.

  • 1979

    Farmers and Merchants’ third branch opens in Broadway, VA.

  • 1983

    State Corporation Commission approves the F&M Bank holding company, F&M Bank Corp for the Bank and TEB Life Insurance Company.

  • 1995

    F&M Bank opens a branch in Bridgewater, VA.

  • 2001

    F&M Bank purchases the Woodstock and Edinburg branches from First Union.

  • 2006

    F&M Bank opens two new branches in Harrisonburg and one in Luray, VA.

  • 2008

    F&M Bank purchases a 70% majority interest in VBS Mortgage in Harrisonburg.

  • 2012

    F&M Bank opens a loan production office in Fishersville and an automotive dealer finance division in Harrisonburg.

  • 2014

    F&M Bank announces record earnings following separate preferred and common stock offerings and plans begin for two new Staunton branches.

  • 2015

    F&M Bank opens a new branch in Craigsville, VA and in Staunton, VA (N. Augusta St.).

  • 2016

    F&M Bank opens a new branch in Grottoes, VA.

  • 2017

    F&M Bank opens a new branch in Staunton, VA (Myers Corner) and Harrisonburg, VA (Coffman’s Corner, near RMH Sentara).

  • 2018

    F&M Bank opens a new branch in Timberville, making room for support staff at the former location which housed administration and a bank branch.

  • 2019

    F&M opens its 14th branch location in Stuarts Draft, VA

  • 2020

    A bank branch is purchased from Carter Bank and Trust in Waynesboro, VA, re-opening as F&M Bank in April.

  • 2021

    F&M Bank Announces Opening of Commercial Banking Office on Boscawen Street in Old Town Winchester, VA, in July.

  • 2022

    F&M Bank Opens Old Town Banking Center in April on Cameron Street in Winchester, VA.