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About F & M Community Bank

A full-service community bank in operation since 1911, providing personal service and beyond to current and new customers. "We Make Banking Easy!"

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Our History: 1911 and Beyond...

 
1889
1891
1905
1911
1930
 

Family...

1854
City of Chatfield is established

1855
City of Preston 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.

Wilson "Wils" Garratt1930
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.

Growth...

1965
F & M Community Bank moves to its current location

A.L. Christianson1967
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.

Dan Christianson1991
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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F & M Community Bank · 100 Saint Anthony St. N · Preston, MN 55965 · 507-765-3823 · 800-950-4745
229 Main St. N · Chatfield, MN 55923 · 507-867-1605 · 888-596-5450