F & M Bank Corp. (FMBM)

Overview

F & M Bank Corp., functioning through its principal subsidiary Farmers & Merchants Bank, provides a comprehensive suite of banking solutions and services across Virginia. Established in 1908 with its headquarters nestled in Timberville, Virginia, this institution has entrenched itself as a cornerstone of commercial banking across the region. It caters to both commercial and individual clients, aiming to serve a broad spectrum of financial needs and offering a variety of banking modalities, including both traditional in-person branch services and cutting-edge digital banking platforms.

Products and Services

• Banking Accounts: The company offers an array of account types including commercial and individual demand and time deposit accounts, savings accounts, checking accounts, and money market accounts. These accounts provide a secure and versatile way for customers to manage their funds according to their specific financial needs.
• Digital Banking: Internet and mobile banking services are among the digital offerings that enable customers to perform a variety of transactions and financial management tasks remotely, thereby adding a layer of convenience and accessibility to banking with F & M Bank Corp.
• Drive-in Banking Services: For those customers who prefer in-person transactions but with the convenience of not leaving their vehicles, drive-in banking services are available, blending traditional banking practices with modern-day convenience.
• Loans and Credits: A comprehensive range of loans and credits is available, including construction loans (covering both residential constructions and land acquisition and development), commercial real estate loans, business loans, and consumer loans (encompassing personal loans and lines of credit, automobile loans, deposit account loans, installment and demand loans, and home equity loans). Residential mortgage loans, dealer finance, farmland loans, multi-family loans, and commercial and industrial loans are also on offer, catering to a wide range of borrowing needs.
• Credit Cards: F & M Bank Corp. provides various credit card options, facilitating everyday spending, managing cash flow, and helping build or repair credit scores for both individual and commercial clients.
• Brokerage Services: Through its brokerage services, the company offers clients an avenue to invest in various securities, assisting in the diversification of investment portfolios and management of investment risks.
• Insurance Products: A broad selection of insurance products, including life, commercial, and personal insurance, are available, offering protection and peace of mind to customers against unforeseen events and circumstances.
• Mortgage Services: The bank provides mortgage services, originating conventional and government-sponsored mortgages. It also offers title insurance and real estate settlement services, streamlining the home buying process for its clients.