F&M Bank News

First Quarter 2019 Earnings and Dividends

F & M Bank Corp. (OTCQX: FMBM), parent company of Farmers & Merchants Bank, announces its financial results for the first quarter ending March 31, 2019. Selected highlights for the quarter include:

  • Net income of $1.29 million;
  • Net interest margin of 4.67%;
  • Net interest income increased $270,000;
  • Loans held for investment increased $5.4 million and $21.5 million, respectively for the quarter and trailing 12 months;
  • Total deposits increased $9.5 million and $32.2 million, respectively for the quarter and for the trailing 12 months.

What's a Money Market and Who Should Open One?

We all have savings goals – purchasing a new puppy, finding a dream home, taking a tropical vacation. But, how do you make those goals achievable? Consider opening a special rate money market account with F&M Bank to help boost your savings. Learn More...

How Student Loans Impact Your Credit

If you've finished college within the last few years, chances are you're paying off your student loans. What happens with your student loans now that they've entered repayment status will have a significant impact — positive or negative — on your credit history and credit score. Check out how student loans impact your credit, courtesy of our team at F&M Financial Services

Build Your Dream Home

With low home inventory levels becoming the norm, it may be time to think about building your dream home! We have construction loans with as little as 5% down. Contact our friends at F&M Mortgage to learn more!

Community News

Calendar Photography Contest 

Each year F&M Bank holds its annual contest for amateur photographers to showcase the natural beauty of Rockingham, Shenandoah, Page, and Augusta counties during all seasons of the year. We are now accepting entries for our 2020 contest, with a final entry deadline of August 1, 2019. Learn More...

Guide to Starting a Farm in Virginia

If you’ve been considering starting a hobby farm or a small farm for profit, check out our guide! Considerations, resources, funding and more!

Fraud Prevention and Scams Podcast   

During the WSVA Fraud Prevention podcast, Ashley McClure, Bridgewater Branch Coordinator, and Ashley Riggleman, Customer Support, discuss ways to prevent fraud and common types they're seeing, how to protect your finances on vacation, and our shred days

Casual Fridays for Charity

Throughout the month of March, employees donated $600 for Hope Inc., a ministry in Augusta County that makes a connection between church congregations and those in the community that need any form of assistance (housing, food, clothing, etc). We hope you don't mind our dress down days as they are for a good cause!

Upcoming Events

First Time Homebuyer Tour

Sunday, May 19th; 1:00pm to 3:00pm

Join F&M Mortgage, VS Title, and Old Dominion Realty on a shuttle bus tour of homes and neighborhoods that are available in/near Harrisonburg for first time home buyers! Learn about the process and what it takes to get approved for a loan. 

Reserve your spot today! Email: Info@fmhome.com or visit eventbright to sign up. Light refreshments provided.

Craigsville Community Day
Saturday, June 1st; 8:00am to 4:00pm 

Join area businesses and nonprofits at the Craigsville Community Day! Enjoy an indoor yard sale, vendors, food, kid’s activities, a dunk tank, bounce house, music, door prizes, and more! Learn more...