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News from F&M Bank

July 7, 2010
F&M Hires Veard and Sanders

HENDERSONVILLE, Tenn. - F&M Bank has announced the addition of Ed Veard and Craig Sanders as mortgage loan specialists, working at 100 Bluegrass Commons, Suite 100 in Hendersonville.

Veard has mortgage, banking and finance experience dating back to 1992. He has worked as a mortgage lender for both Regions and Magna Bank and is a graduate of the University of Tennessee in Knoxville with a bachelor of science in business administration.

Sanders has over nine years experience in the mortgage industry, most recently employed as an assistant vice president with SunTrust Mortgage. Sanders is a five-time recipient of the Nashville Mortgage Bankers Award and currently serves on the board of Leadership Sumner.

Veard and Sanders can be reached at F&M Mortgage by calling 615-824-2316.

June 16, 2010
On The Road Again.
F&M Bank Deploys FunMobile with Summertime Treats


CLARKSVILLE, Tenn. — Whether you call it customer appreciation or community goodwill, F&M Bank calls it FUN! The brightly colored Fun Mobile, which made its debut during the bank’s 100th anniversary in 2006, is on the road again, serving free hotdogs, popcorn and drinks. The Fun Mobile will make multiple appearances at each of F&M’s 15 Middle Tennessee offices, not to mention several special bank, mortgage and community events. Between now and November 5, it’s estimated that the Fun Mobile will serve approximately 20,000 hotdogs to F&M customers and friends.

According to F&M senior vice president and director of marketing, Fred Landiss, the Fun Mobile is something that the bank’s employees and customers can really sink their teeth into. “Having the Fun Mobile show up at an F&M office turns an ordinary banking day into a fun event for customers and employees,” remarked Landiss. “When the Fun Mobile is scheduled to arrive, our people distribute fliers, make phone calls and talk it up with customers. Parents come by with kids. Folks stop in on their lunch break. We actually get asked, ‘When’s the Fun Mobile coming back?’ A Fun Mobile event gives us an opportunity to spend time with customers who would otherwise breeze in and out to make deposits and conduct quick banking business.” But Landiss points out that the Fun Mobile is not just for customers. He invites anyone who spots the Fun Mobile set up for business to stop in and meet F&M personnel.

F&M historically deploys the Fun Mobile between 11 a.m. and 2 p.m. on Fridays, which are typically busy banking days. This year, however, the bank is sprinkling in additional appearances to accommodate the high demand. Landiss says that if a particular office wants the Fun Mobile on a specific day to tie in with a special event, F&M tries to make it happen.

Benny Cushman, of Cushman Concessions in Clarksville keeps the Fun Mobile on the road and is F&M’s official top dog when it comes to serving up the tasty franks. To find out when the Fun Mobile will be at an F&M office near you, click here.

June 7, 2010
F&M Announces Employee Promotions

CLARKSVILLE, Tenn. — The board of directors of F&M Bank has announced the promotions of five Clarksville employees. Kathi Stokes was promoted to vice president, collections. Tina Reed has been promoted to assistant vice president, human resources. Bill Purcell has been promoted to assistant vice president, purchasing and facilities. Nancy Scalise is the new assistant vice president, items processing, and Sarah Schneider has been promoted to assistant vice president, central loan processing. All five employees work at F&M’s Administration Services office at 2601 Wilma Rudolph Blvd.

In a separate release, F&M announced the promotion and expanded responsibilities of three additional employees. Eighteen year F&M veteran Debbie Marks is the new assistant branch manager at the bank’s Hilldale office. Donna Lancaster is assuming responsibilities of the newly created position of vice president, manager of lending compliance and CRA officer. Sue Palmore, vice president of loan administration and collateral services, has been given oversight of the bank’s central processing department.

“A bank is only as good as the attitude, enthusiasm and work ethic of its employees,” remarked Sammy Stuard, F&M president and CEO. “We are fortunate to have quality employees drawn to our bank, and are pleased to recognize these employees for their leadership contributions.”

June 1, 2010
Rich Storey Joins F&M Mortgage

BRENTWOOD, Tenn. — F&M Bank has announced the addition of Rich Storey as a mortgage loan specialist, working in the bank’s Brentwood mortgage office at 10 Cadillac Drive, Suite 100, in Maryland Farms.

Storey is a 1998 graduate of Western Kentucky University. His most recent position, prior to joining F&M, was senior mortgage advisor for W.R. Starkey Mortgage in Nashville. He has also worked as a mortgage lender for Farmington Financial Group and Legacy Home Lending, also in Nashville. Prior to a career in mortgage lending, Storey served as a branch manager for Bank of America in Nashville and as an AmSouth branch manager in Birmingham and Memphis.

“Williamson County continues to enjoy a population and residential boom,” remarked Rodney Wilds, vice president of F&M Mortgage in Brentwood. “The demand for home loans is strong and F&M’s mortgage business has been on the rise. The keen work ethic of our lenders has proved to be a valuable resource for realtors and homebuyers alike, and for that reason, we have significantly expanded our mortgage personnel in this market. Lenders like Rich, who are well known and extremely customer-focused, will enhance F&M’s share of the mortgage market in Williamson and surrounding counties.”

May 24, 2010
F&M Bank Revises Luxury Policy

This policy fulfills the requirements outlined in Section 111(d) of the Emergency Economic Stabilization Act of 2008, as amended by the American Recovery and Reinvestment Act of 2009 (“ARRA”) enacted on February 17, 2009. Under the interim final rule promulgated by the Department of Treasury (31 CFR Part 30), ARRA requires each recipient of funds under the Capital Purchase Program (“CPP”) of the Troubled Asset Relief Program to have in place a company-wide policy regarding excessive or luxury expenditures.

F&M Financial Corporation (the “Company”), its primary subsidiary, F&M Bank (the “Bank”), and the other Company’s subsidiaries, prohibit excessive or luxury expenditures on (i) entertainment or events, (ii) office and facility renovations, (iii) aviation or other transportation services and (iv) other activities or events that are not reasonable expenditures for conferences, staff development, reasonable performance incentives or other similar measure conducted in the normal course of business operations of the Company. This policy applies to all employees, officers and directors of the Company and its subsidiaries including the Bank

Renovations:
Renovations of facilities and office spaces should be relative to the approved project and current profit plan. An exception to this is allowed in the event management must deal with an emergency situation, such as an act of nature, and the expenditure is necessary to make the facility operational for either employee or customer use. At no time should renovations be considered that would have the appearance of being extraordinary or excessive from a shareholder perspective.

Entertainment:
Entertainment is defined as an activity that an employee, officer or director would use corporate funds for business development purposes relating to a current customer(s) or prospective customer(s) or to further enhance the Company’s marketing efforts.

The Company’s expectation is that all expenses paid by the Company should be for Company purposes, and used to steer and/or increase business to the Bank. Occasional events such as taking customers or prospects on trips, playing golf, eating dinner, taking them to other events the customer/prospect might find pleasurable is a necessary part of the Company’s marketing efforts and is not deemed as “luxury” or a violation of this policy. These expenses should be documented and detailed as to the benefit derived by the Bank.

Events and parties focused on customers for the purpose of attracting and/or further developing their business would not fall under this policy.

Conferences:
The Board of Directors of the Company (the “Board”) encourages the Company’s employees to attend conferences that provide appropriate educational opportunities. These conferences should be related to the financial services industry and have a direct correlation to the employee’s job. Typically these conferences are sponsored by vendors, banking associations or other industry-related entities. At times it may be acceptable that a spouse travels to these conferences with the Company employee or director. In the event a spouse travels to the event, the spouse’s travel expenses will be paid by the Company upon prior approval of the Chief Executive Officer or Chairman of the Board, as applicable. If the prior approval request is denied the employee spouse is responsible for their spouse’s travel expenses.

Holiday Parties:
The Board believes that a Company-wide annual holiday party and a Company-wide annual picnic are important in terms of employee appreciation and employee morale. Accordingly, this policy does not prohibit expenditures in conjunction with such events. Such employee events must be local; however, as neither overnight nor travel expenses will be paid by the Company. The expenses associated with such events should not cost the Company more than approximately an average day’s gross payroll (e.g., if the Company’s annual payroll is $9mm, divided by 260 work days, appropriate expenses would be approximately $35k). Other events, such as a Company picnic or the occasional department party, should be just a fraction of that cost and deemed reasonable by any appropriate standard.

Board Retreats:
Board retreats may only be used for educational purposes with the corresponding expenses deemed reasonable by any standard. It is recognized that Board education is a vital part of attracting and maintaining a dynamic director base, and this policy does not prohibit a retreat that is focused on strategic planning or Board education.

Aviation Services:
Transportation for Company staff to outlying locations, including but not limited to schools, conferences, business development meetings and merger and acquisition research, should be conducted in the most cost appropriate way for the Company. The Company’s Accounting Department will maintain, when appropriate, an analysis of trips to determine which mode of transportation is the most appropriate for Company employees. Modes of transportation to be used for such analysis, for example, may consist of vehicle, train, commercial air service and private air service. Private air services travel shall only be permitted upon approval of the Chief Executive Officer or Chairman of the Board. The selection of appropriate transportation services will be based on cost, efficiency and timeliness of travel.

Other Activities:
Generally, the Company does not grant performance incentives in the form of travel or entertainment. If granted, however, such performance incentives shall not encourage or promote excessive or unnecessary risk-taking or manipulation of financial results. Any performance incentive granted in the form of travel or entertainment must be approved in advance by the Chief Executive Officer or the Chief Financial Officer.

All activities or events that are not reasonable expenditures for staff development, performance incentive in accordance with written plans and policies or other similar expenditures incurred in the normal course of business must be approved in advance by the Chief Executive Officer.

General:
All expenses permitted under this policy shall be approved strictly in accordance with the established practices and procedures. Seminars and related travel must be approved in advance by the Director of Human Resources and the Chief Executive Officer or the Chief Financial Officer.

Anyone who becomes aware of a suspected or actual violation of this policy shall promptly report such violation to the Chairman of the Audit Committee of the Board, Frank Dill. Violation of this policy shall subject an individual to discipline up to and including termination of employment or removal from the Board, as applicable.

The Company’s Chief Executive Officer and Chief Financial Officer shall certify at least annually that the approval of any expenditure requiring prior approval of an executive officer of the Company or the Board was properly obtained with respect to each such expenditure.

On no less than an annual basis, all officers and directors of the Company and the Bank shall certify as to their understanding of and compliance with this Policy. This policy shall be effective as of August 18, 2009 and shall remain in effect through the last day on which the Company has an outstanding obligation to the Department of Treasury under the CPP (excluding the warrants to purchase common stock of the Company).

This policy may only be amended upon approval of the Board. This Policy, and any amendments thereto, shall be posted on this website and provided to the Department of Treasury and the FDIC.

CEden

April 24, 2010
F&M Hires Catherine Eden

CLARKSVILLE, Tenn. — Catherine Eden has joined F&M Bank as senior vice president and director of internal audit and compliance.

Eden comes to F&M from T Bank in Dallas where she was senior vice president and chief risk officer. She has over 25 years experience of compliance and risk management, overseeing all facets of regulatory duties for banks and financial solution providers such as Sirius Solutions and United Western Bancorp, Jefferson Wells and Matrix Capital Bank in Denver, Colorado. Eden holds CIA and CRCM certifications. She graduated with a Bachelor of Business Administration degree from Boise State University in 1984. In 1996, she completed an audit management program at the Graduate School of Banking at the University of Wisconsin in Madison.

“The role of compliance and audit is critical to financial institutions, more today than ever,” remarked Sammy Stuard, president and CEO of F&M Bank. “The person in this position ensures that a bank complies with all regulatory laws and requirements, bank policies, codes of conduct, and standards of good business practice. We are delighted to have someone of Catherine’s caliber and immense experience to fill this important function at F&M Bank.”

April 20, 2010
Maggart Promoted To Branch Manager, F&M Mortgage in Sumner County

HENDERSONVILLE, Tenn. — F&M Bank has promoted Brian Maggart to mortgage branch manager in Hendersonville. Maggart will supervise the team of mortgage lenders, processors, underwriters and support staff located at 100 Bluegrass Commons, Suite 100. He can be reached at 615-824-2316.

Maggart has been a top-producing mortgage lender for the bank since joining F&M in 2008. Before joining F&M, he worked as a home loan specialist for First Tennessee.

“Low interest rates have kept the real estate market in Sumner County thriving,” remarked Sammy Stuard, F&M president and CEO. “We’ve been fortunate to capture a large share of that business thanks to F&M and Brian’s high level of customer-service, the wide variety of loan products we offer, and the close partnership shared between our bank and mortgage operations. Brian’s stellar performance and leadership led us to add this new level of responsibility to his lending duties in Sumner County.”

April 20, 2010
F&M Facebook Promotion Pays Off for Three Middle Tennessee Charities

Facebook WinnerCLARKSVILLE, Tenn. — Thanks to F&M Bank Facebook fans, Clarksville-based Radical Mission and the Child Advocacy Center of Putnam County were each the recipient of a $1,000 donation made by F&M Bank. Radical Mission Compassionate Ministries seeks to address suffering and brokenness in Clarksville, specifically pertaining to poverty and basic human needs. The Child Advocacy Center promotes and delivers excellence in child abuse response and prevention in Putnam County through service, education and leadership.

Because Good Samaritans of Stewart County came in a close third in the voting process, F&M made the decision to reward the organization’s strong voter turnout with a special $500 donation.

In mid-February, employees from each of the eight F&M markets voted to determine a single non-profit charity in their county that would be in the running for one of the two $1,000 donations to be awarded by the bank. During the month of March, Facebook fans were invited to vote for which of the eight charities they would like to receive the $1,000 gifts. Each F&M Facebook fan was given one vote. “Giving back to the community is a deep-seeded core value at F&M Bank,” remarked Sammy Stuard, president and CEO. “However, presenting these three particular donations was exceptionally gratifying — not only because employees, customers and members of the community made the decision, but because it helped F&M reach an entirely new audience through social media. All three charities are very worthy causes, and we are grateful to all our Facebook fans who participated in the voting process.”

March 23, 2010
Nashville Post Magazine Recognizes Sammy Stuard On Their In Charge List

StuardCLARKSVILLE, Tenn. — Sammy Stuard, president and CEO of F&M Bank is one of a select group of Middle Tennessee business and community leaders recently named to the Nashville Post magazine’s In Charge list. The magazine sited the group as individuals who are shaping Middle Tennessee growth, both in the spotlight and behind the scenes. According to the Nashville Post, the list was intended to recognize those leading the charge when it comes to creating jobs, generating wealth and influencing public opinion.

Stuard’s achievements, listed by Nashville Post as those which boosted him into the elite listing, included: steering F&M Bank’s growth from $20 million to $800 million in assets; expanding the bank’s footprint from Montgomery and Stewart counties to include Robertson, Wilson, Sumner, Rutherford and Putnam; F&M’s number one market share in Montgomery County for the past six years; his position as immediate past chairman of the Tennessee Bankers Association; and his recognition by American Banker magazine in 2007 as Community Banker of the Year.

March 12, 2010
McCrary, Linville Promoted

F&M has promoted Rhonda McCrary and Tim Linville to the position of sales manager of mortgage operations in Murfressboro and Lebanon respectively.

McCrary will manage the growing team of lenders, processors, underwriters and support staff located at the Murfreesboro mortgage office at 1639 Medical Center Parkway, Suite 101, and at the F&M banking office at 802 Memorial Blvd. She is a native of middle Tennessee, a graduate of MTSU, and a 22-year Middle Tennessee mortgage veteran. McCrary has been a top mortgage lender for the bank since joining F&M in 2008. She was previously employed as a home loan specialist for First Tennessee where she was a top producer for nine years. McCrary is also a former Platinum winner with the Nashville Mortgage Bankers Association.

Linville has been a top mortgage lender for the bank since joining F&M in 2008, previously working out of the bank's Mt. Juliet banking office. Before joining F&M, Linville worked as a home loan specialist for First Tennessee.

McCrary and Linville will continue to report to Belinda Arender, vice president and mortgage division manager for F&M in Rutherford and Wilson counties.

March 4, 2010
F&M Mortgage Hires Elam in Murfreesboro

ElamIsabel Elam has joined F&M Bank as senior mortgage specialist, working from the organization’s full service mortgage office at 1639 Medical Center Parkway, Suite 101. She can be reached at 615-569-4103.

Elam has been a mortgage lender for eight years, most recently working for Freeman Webb Mortgage in Rutherford and surrounding counties.

“F&M has enjoyed a two-year surge in Rutherford County mortgage loans,” remarked Sammy Stuard, president and CEO of F&M Bank. “This increase in the demand for housing has been fueled in part by the recent government tax credits and by the county’s steady population growth. In response, F&M has dramatically increased our staff to accommodate these loan requests, and we are happy to add such dynamic lender as Isabel to our Murfreesboro team.”

March 4, 2010
Slack Hired As New F&M Mortgage Lender

SlackF&M Bank has announced the addition of Kathy Slack as a mortgage lender, working in the bank’s Sango office at 2698 Madison Street. Slack has over 25 years of banking and financial experience and has been a mortgage lender in Montgomery County since 1991. Before joining F&M, she was a senior mortgage originator for Heritage Bank in Clarksville. She has also worked for Preferred Mortgage, LLC and as a mortgage underwriter for First Federal in Clarksville. She can be reached by calling 931-920-4931.

“F&M has enjoyed a two-year surge in Montgomery County mortgage loans,” remarked Sammy Stuard, president and CEO of F&M Bank. “This up-tick in the demand for housing has been fueled in part by the recent government tax credits, in part by the county’s steady population growth, and likewise, the influence of Ft. Campbell families transferring into this market. As a result, F&M has had to increase our staff to accommodate the loan requests, and we are happy to add such a well known and respected lender as Kathy to the F&M mortgage team in Clarksville.”

February 26, 2010
F&M Facebook Fans to Vote For Charity Recipients of $2,000

To help determine the recipients of $2,000 in charitable donations, F&M Bank is calling on its Facebook fans. During the month of March, all current and new F&M fans will be given the opportunity to vote for one of eight non-profit organizations listed on the bank’s Facebook page. The two charities receiving the most votes will each be given $1,000. Charity receiving the most Facebook fan votes will be announced April 1.

F&M has offices in eight Middle Tennessee counties: Montgomery, Stewart, Robertson, Sumner, Wilson, Rutherford, Williamson and Putnam. Bank employees from each county nominated local charities from their market area. One charity per F&M market was selected. Those charities now in the running for two F&M $1,000 donations, are:

  • Radical Mission of Montgomery County
  • Good Samaritan, Inc. of Stewart County
  • GreenRidge Toys for Tots in Robertson County
  • The Humane Society of Sumner County
  • United Way of Wilson County
  • Boys and Girls Club of Rutherford County
  • STARS (Students Taking A Right Stand) of Williamson County
  • Child Advocacy Center of the Upper Cumberland in Putnam County

Facebook is a social network site that has over 400 million members worldwide. Facebook users are invited to become a fan of F&M Bank and vote by going to www.facebook.com/myfmbank beginning March 1. Non-Facebook users can likewise navigate to the site, but will first be asked to sign up by selecting a user name and password before being directed to the F&M page. Clicking on “Become A Fan” will allow new Facebook users to vote for the charity of their choice.

November 3, 2009
F&M Selected for Second Year to BusinessTN's Hot100 List

CLARKSVILLE, Tenn. — F&M Bank has been named for the second year in a row to the list of Hot100 companies to watch in Tennessee by BusinessTN magazine. The 103-year old F&M ranks as one of the state’s top 15 independent banks. With assets exceeding $750 million, F&M Bank operates offices in Montgomery, Rutherford, Wilson, Sumner, Putnam, Robertson and Stewart counties.

"Being recognized by BusinessTN as one of the 2009 Hot100 companies in the state is evidence that many businesses and individuals continue to be drawn to F&M’s longstanding tenure in Middle Tennessee, our financial stability and the unique brand of community banking we offer,” remarked Sammy Stuard, F&M president and CEO. “People are finding lots of reasons to migrate back to community banks — trust, accessibility and a feeling that they are more than just an account number,” he continued. “F&M has worked hard to roll-out meaningful new products and keep our banking technology current. Consumers realize that there are negligible benefits associated with the larger banks that have been the subject of so much negative financial news. I am pleased to share this honor with the 220 F&M employees who are crucial to our success."

The Hot100 list is described by BusinessTN as an annual look at companies who represent the best that Tennessee has to offer in terms of entrepreneurial vision and growth. According to the publication, selection of the Hot 100 is based on numerous factors such as revenue, employee growth, growth over a period of years, growth as compared to industry average and projected growth. In compiling the Hot 100 list, BusinessTN spotlights companies that are enriching local and regional economies, providing jobs, and contributing to Tennessee's entrepreneurial culture.

For more information visit http://businesstn.com/content/200911/2009-ibusinesstni-hot100.

October 30, 2009
F&M Bank Maintains Market Share Top Spot in Montgomery County and MSA

CLARKSVILLE, Tenn. — According to reports just issued by the FDIC, F&M Bank has maintained its number one ranking for total deposits in Montgomery County for the sixth year in a row. F&M increased its market share in Montgomery County to 19.52% of total deposits, an increase of .56% over last year. According to the 2009 FDIC reports of deposits through June 30, 2009, Regions Bank ranked number two with 13.43%, while Legends Bank held the number-three position with 12.26%. Other banks with double-digit market share in Montgomery County include First Federal with 12.17%, U.S. Bank with 11.49% and Bank of America with 11.15%.

F&M Bank also maintained its number one deposit ranking for the entire Clarksville-Hopkinsville Metropolitan Statistical Area (MSA), which includes Stewart County, Tenn., and Trigg County, Ky. In 2009, F&M’s deposit market share rose to 13.74%, up from 13.65% in 2008. Planters ranks number two with 11.12% and Regions rose to 10.24%, taking the number three spot away from BB&T. The FDIC issues deposit market share reports on all federally insured institutions annually.

October 30, 2009
F&M Bank Maintains Market Share Top Spot in Stewart County and MSA

According to reports just issued by the FDIC, F&M Bank has maintained its number one ranking for total deposits in Stewart County for the fourth year in a row. F&M increased its market share in Stewart County to 46.15% of total deposits, an increase of .50% over last year. According to the 2009 FDIC reports of deposits through June 30, 2009, Regions Bank ranked number two with 45.38%, while Legends Bank/Bank of Dover held the number-three position with 8.470%.

F&M Bank also maintained its number one deposit ranking for the entire Clarksville-Hopkinsville Metropolitan Statistical Area (MSA), which includes Stewart County and Trigg County, Ky. In 2009, F&M’s deposit market share rose to 13.74%, up from 13.65% in 2008. Planters Bank, headquartered in Hopkinsville, Ky., ranks number two with 11.12% and Regions rose to 10.24%, taking the number three spot away from BB&T. The FDIC issues deposit market share reports on all federally insured institutions annually.

October 18, 2009
F&M Rallies To Support Montgomery County’s Second
Extreme Makeover: Home Edition

CLARKSVILLE, Tenn. — F&M Bank is donating dollars and man hours as Extreme Makeover: Home Edition launches its newest project in Montgomery County, Tenn. According to Sammy Stuard, F&M’s president and CEO, the bank is contributing to the endeavor by providing staffing, beverages and snacks for the worker’s holding tent that will service hundreds of volunteers involved in the Extreme Makeover project.

Employees, family member and friends of F&M are being enlisted to work four-hour shifts, beginning noon, October 18. F&M will provide around-the-clock staff at the worker’s holding tent until the project concludes October 24. Recruits will provide refreshments to workers who visit the tent and may be asked to take water and provisions to on-site construction workers.

Stuard says that four volunteers will be needed for each four-hour shift during the project, and that the majority of the volunteers will come from F&M Bank. He expects enthusiasm for the event to spread bank-wide, and not only anticipates participation from the five F&M offices in Montgomery County, but throughout the bank’s entire Middle Tennessee network.

September 25, 2009
Summer Sizzler WinnerGreenbrier Man Wins 100,000 ScoreCard Points

Howard "Lewis" Sisco of Greenbrier, Tenn., was the winner of F&M Bank's ScoreCard Summer Sizzler promotion that took place during the months of June, July and August. Lewis was the Grand Prize winner of 100,000 ScoreCard points. He is a customer of F&M Bank in both White House and Greenbrier, but his winning registration form was filled out and submitted at F&M's White House office. Lewis is a truck driver and hopes to use his ScoreCard points to purchase a Global Position System (GPS) for his truck ... although he admits his wife will definitely have some input into his decision. F&M Bank thinks Lewis is a very SMART guy!

September 15, 2009
F&M Bank Expands into Williamson County with Brentwood Mortgage Office.

BRENTWOOD, Tenn. — F&M has opened a 7,000 sq. ft. office in Maryland Farms. Rodney Wilds has been hired as F&M’s vice president and mortgage sales manager for the new location. Six additional mortgage lenders have likewise been hired by the rapidly expanding middle Tennessee financial institution.

Completing the seven-person sales staff are Peter Zaft, Fred Campbell, Mike Muniz, Kathy Dixon, Mike Jett and Wayne Stephens who all join F&M Mortgage from Bank of America.

May 11, 2009
F&M Opens First Putnam County Office

COOKEVILLE, Tenn. — F&M Bank has announced the opening of their first banking office in Cookeville at 541 South Willow Avenue, Suite 104, effective Monday, May 11. According to branch manager, Suzanne Harrington, the Willow Avenue office is a temporary move until the bank can secure property for a permanent facility. Although new to Putnam County, the 103-year-old bank is well known throughout middle Tennessee, with 15 offices in Wilson, Rutherford, Sumner, Montgomery, Robertson and Stewart counties. The bank made news recently when BusinessTN magazine named them to their list of Hot100 companies in the state. F&M president and CEO, Sammy Stuard, is the past chairman of the Tennessee Bankers Association and was a recipient of American Banker magazine’s Community Banker of the Year award in 2007.

March 17, 2009
F&M Receives Recognition from ABA for Community Efforts

F&M Bank was nationally recognized for its contributions to the community at the American Bankers Association National Conference for Community Bankers in Phoenix, Arizona in February.  The award was given to the entire F&M Bank team for the positive impact their program has had on the community. Through its Community Bank Award Program, ABA honors institutions that have taken an innovative, creative and effective approach to making a difference in their community.
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