Family...
1854
City of Chatfield is established
1855
City of Preston is established
1855
City of Spring Valley is established
1911
F & M Community
Bank was organized on March 27, 1911, with Tollef Sanderson
as its President. At that time, it was called Farmers and Merchants
State Bank of Preston with a capital of $25,000.00. The bank
was located in a building on the south side of the courthouse
square in Preston.
1930
 Wilson "Wils" A. Garratt became President and CEO until his
retirement in 1967. Community involvement played a large role
in Wil's life. Wils received a plaque in honor of 50 years of
service in banking at ceremonies during the 82nd Annual Convention
of the Bankers Association.
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Growth...
1965
F & M Community Bank moves to its
current location
1967
 A. L. Christianson became
President and CEO and
obtained controlling interest
of the bank. Taking care of
the employees of the bank,
its customers, and the
community was of utmost
importance to Al.
1991
 Daniel “Dan” M.
Christianson became
Chairman / President. The
son of A. L. Christianson,
Dan mirrored his father as a
family-oriented leader with a
focus on community
involvement.
2000
F & M Community Bank opens an office
in
Chatfield, MN |
Friends...
2004
City of Chatfield celebrates its
Sesquicentennial
2005
City of Preston celebrates its Sesquicentennial
May
Trout Days in Preston
August
Western Days in Chatfield
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