F&M Bank News

jANUARY 26, 2016

Receive a Fraudulent Text Message?

Fraudulent text messages are being sent to consumers in an effort to steal personally identifiable information. Text broadcasts are commonly used by fraudsters to reach large audiences of potential victims. This scam is quite common and often operates simultaneously in multiple states.

HOW IT WORKS
Automated texts are being broadcast that warn consumers to respond regarding their account.
A recent text example: “(F&M Bank) Important message regarding your account! Please respond -<****.f-and.F-bank.info″.

We will NEVER send you a text message asking for your personal information. If you feel as though a text message, email, or phone call is suspicious, please immediately call us at 800.645.4199 to verify the request for information.

dECEMBER 28, 2015

Brad Barrett Named F&M Bank Director

Brad BarrettCLARKSVILLE, Tenn — Brad Barrett, former president of The Tennessee Bankers Association (TBA), has been named to the F&M Bank Board of Directors, according to Sammy Stuard, president and CEO.
“Brad brings a wealth of banking knowledge to F&M and his over 20 years of leadership at the helm of the TBA will contribute greatly as we seek new opportunities for growth across Middle Tennessee,” commented Stuard.

Following F&M’s recent sale to Nashville-area businessman Gaylon Lawrence Jr., Barrett joins the bank at an exciting time. Lawrence’s ownership of Middle Tennessee’s eighth largest bank will increase the bank’s capital and further position F&M for continued growth. Lawrence stated, “Brad’s banking expertise and his knowledge of Tennessee’s financial marketplace will add strength to F&M’s leadership.”

In response, Barrett said “since my career began over 45 years ago, the banking industry has undergone dramatic changes that challenge today’s banks and bankers. I have been impressed with the F&M franchise and have witnessed its transformation from a small bank in Stewart County to a thriving and successful regional bank. I am truly honored to have been asked serve on the F&M board and look forward to being part of the bank’s bright future.”

Barrett served as president of The Tennessee Bankers Association from 1992 until 2013. He is a graduate of the University of Tennessee in Knoxville, having earned his BS degree in finance. He subsequently completed the Institute for Organization Management program at the University of Oklahoma.

Professionally, Barrett served two terms as chairman of the board of trustees for the Graduate School of Banking at Louisiana State University. He has been active in the American and Tennessee Societies of Association Executives. He served as a member of the board of directors and executive committee of BancInsure and served as an executive committee member and past chairman of the State Association Division of the American Bankers Association. In addition, Barrett served on the board of directors of the Tennessee Senior Housing Crime Prevention Foundation.

He is married to the former Diane Poynor and they reside in Nashville. They are the parents of Colin (Rachel) Barrett, Bradley Barrett Jr. and Andrew (Julie) Barrett.

December 4, 2015

Don’t Take the Bait; Avoid Phishing and Malware to Protect Your Personal Data

IRS Security Awareness Tax Tip Number 2, November 30, 2015 - “Update your account now.” “You just won a cruise!” “The IRS has a refund waiting for you.”
In the cyber world of phishing, the sentences are “bait” – lures from emails, telephone calls and texts all designed to separate you from your cash, your passwords, your social security number or your very identity.

The IRS has teamed up with state revenue departments and the tax industry to make sure you understand the dangers to your personal and financial data. Taxes. Security. Together. Working in partnership with you, we can make a difference.

No doubt you’ve heard that warning to beware of phishing many times. But, phishing remains a problem because it works. Cybercriminals on a daily basis concoct new ways to trick people into turning over cash or sensitive data that can affect your taxes.

When it comes to this type of crime, the main line of defense is not technology, it is you...  Read the full article.

November 23, 2015

BRIAN JONES NAMED COMMERCIAL LENDER FOR F&M BANK

Brian JonesSumner County---F&M Bank has hired Brian Jones as a Vice President and Commercial Lender for its Sumner County Markets. “Brian has over twenty years of banking experience and his knowledge of the Hendersonville and White House area just adds strength to our presence there,” said Sammy Stuard, President and CEO of F&M Bank.

Brian hold a Bachelor’s Degree in Business Administration from the University of Tennessee at Knoxville. He has also completed coursework through the American Institute of Banking and is a graduate of the Tennessee Bankers Association’s Southeastern School of Commercial Lending. His office will be located at the F&M Bank in White House and he can be reached by calling (615) 389-1165 (Cell) or his office at (615) 672-1660, or by email at brian.jones@myfmbank.com.

 

October 6, 2015

October is National Cyber Security Awareness Month

We now live in a world that is more connected than ever before. The Internet touches almost all aspects of everyone’s daily life, whether we realize it or not. We connect with friends and family, conduct business and banking online and rely on many services, like transportation and electricity, that are supported with online systems.

National Cyber Security Awareness Month is designed to engage and educate public and private sector partners through events and initiatives with the goal of raising awareness about cybersecurity and increasing the resiliency of the nation in the event of a cyber incident. National Cyber Security Awareness Month takes place each October and is sponsored by the Department of Homeland Security.

Here are 7 Tips for Protecting Yourself Online.

 

August 25, 2015

Andrew Chelton Named New F&M Mortgage Lender

Andrew CheltonBrentwood, Tenn. — F&M Bank has announced the addition of Andrew Chelton as a mortgage loan originator, operating out of the bank’s mortgage center at 10 Cadillac Dr., Suite 100 in Brentwood/Maryland Farms.

“As Davidson and Williamson Counties continue to enjoy a residential boom, we look to add qualified personnel to our staff. Andrew‘s business development, marketing and sales experience add strength to our presence there. We are pleased to have him on our staff,” stated Rodney Wilds, manager of the Brentwood mortgage office.

Andrew can be reached by calling (615) 400-2086, or by email at andrew.chelton@myfmbank.com.

 

 

July 31, 2015

F&M Plans new Hendersonville location

Future Hendersonville BranchHENDERSONVILLE, Tenn. – Clarksville-based F&M Bank has announced plans to construct a new 10,000-square-foot facility at 221 Indian Lake Blvd. in Hendersonville.In September 2008, F&M Mortgage Services opened at 100 Bluegrass Commons Blvd., which was quickly followed in the spring of 2009 with the addition of banking services at the same location.

“From the beginning, our mortgage operation has been a major contributor to F&M’s success in Sumner County. This immediate success and subsequent growth of our combined services were indications that within a few years a larger facility would be needed,” said Sammy Stuard, F&M President and CEO, in a news release. “We saw value in the Indian Lake property and soon purchased a lot for future expansion. Now, that time is here and we are really excited about our new facility.”

The new branch will feature drive-up access, a 24-hour ATM, safe deposit box availability and an array of services currently not available in the limited space at the current location, bank officials said.

“There will be plenty of parking and accessibility will be much easier,” said Brad Edwards, vice-president and branch manager. “In addition, the new facility will enhance the bank’s ability to service the residential mortgage needs of the robust housing market in Sumner County.”

A groundbreaking is being planned for early October.

 

July 27, 2015

The ideal suitor: With new Nashville owner, F&M Braces for growth

Nashville Business Journal -- For F&M Bank, Nashville-area businessman Gaylon Lawrence Jr. presented the ideal suitor: Someone who could keep the bank intact and position it for future growth.

Lawrence, who also owns the parent company of Tennessee Bank & Trust in Franklin, entered a deal last week to take sole ownership of Clarksville’s F&M, the eighth-largest bank based in Middle Tennessee by assets. Terms were not disclosed.

“Basically, this is not a traditional merger where you will have 30 percent cost savings that leads to a loss of departments and people,” Sammy Stuard, F&M’s CEO, told me Monday. “[Lawrence] is a great operator of community banks. He’s a big believer in community banking and we really like his model. … He buys the bank and allows the management and employees to continue to run it.”... read full article here.