F&M Bank News

Bonus Rewards Customer Referral Program Notice

F&M Bank’s Bonus Rewards Customer Referral program will be coming to an end July 31, 2020. We apologize for any inconvenience this may cause and thank you for referring friends through this program. Please, visit our website to view a list of FAQs.

At this time, if you are enrolled in Bonus Rewards, all existing points can be redeemed through the expiration date printed on the applicable certificate; no new points will accrue after July 31, 2020. To check your point balance, or redeem points, visit fmbonusrewards.com and login using your account credentials. This website will remain operational through July 31, 2022.

Points will no longer be offered as a card member benefit of the My Rewards Platinum and Gold Debit Card Program as of July 31, 2020. All additional program benefits will remain.

F&M Bank Announces Senior Leadership Promotions

F&M Bank is excited to announce the promotion of Barton Black and Kevin Russell to new executive leadership roles. Additionally, we are pleased to report the Officer Title promotions of Matt Beahm, Assistant Vice President and Commercial Relationship Manager, to Vice President, and Carlie Kelly, Credit Analyst, to Bank Officer.

Operational Update 

As we enter Phase 3 of the Forward Virginia Plan, our branches remain drive-thru only or by appointment. To meet with a banker, please contact your preferred locationF&M Bank employees will wear face coverings in accordance with Virginia’s Executive Order 63. F&M Bank will provide face coverings for employees, clients, vendors, and visitors when necessary.

As always, if you prefer, bank from the comfort of your home with our digital banking services.

Paycheck Protection Program Extension

President Trump signed into effect legislation that extends the Paycheck Protection Program application deadline to August 8, 2020. The program has roughly $130 billion in remaining funds. If you are interested in starting the process, please submit an interest form.

Community News

Shenandoah Valley Photography Calendar Contest

Each year, we host a contest for amateur photographers to showcase the natural beauty of the Shenandoah Valley. The first round of voting is now underway on our Facebook page. Help us determine our Top 24!

Rockingham Rockets’ Red Glare, photographed by Elizabeth Robinette, is "an image that celebrates the Star Spangled Banner, the history of our country, the battles the brave have fought to secure our freedom, and the bright light hope of the American dream."

6 Tips for Saving for Your Down Payment

Before you can make the transition from renting to owning your home, you might need to have a substantial down payment, typically 5 to 20 percent of the home’s value. The American Bankers Association suggests these six tips to help save for it.

JMU Banking Team Partners with F&M Bank

We thoroughly enjoyed hosting the James Madison University Banking Team for their research on the Bank Secrecy Act of 1970. Congratulations to the students for placing 2nd out of 37 competing national teams!

Casual Fridays for Charity

Throughout the month of June, employees donated over $150 to Shenandoah Alliance for Shelter. We hope you don't mind our dress down days as they are for a good cause!

Upcoming Events

Great Community Give

Garth Knight, EVP and Chief Lending Officer, presented the Great Community Give leaderboard prizes for most dollars raised for 1st through 3rd place. Overall, $800K was raised for local nonprofits! We're so proud to be part of this community and platinum sponsors of this incredible event!

Save the Date - Business After Hours

Please, save the date for August 6th! Our Stuarts Draft Branch will be hosting a Business After Hours event with the Greater Augusta Regional Chamber of Commerce. More details to come!