Community Matters

IntraFiⓇ Network Deposits (formerly called CDARS or ICS, Certificate of Deposit Account Registry Service or Insured Cash Sweep respectively) is a program that allows businesses and individuals to receive FDIC insurance on large deposits.

IntraFiⓇ Network Deposits allows individuals or businesses that invest large sums of money ($250,000+) or own multiple certificates of deposits (CDs) to secure FDIC insurance while managing these investments...

It’s no secret that our world is becoming more connected and technologically advanced than ever, and while there are many benefits to this, it also means that there are more ways to be scammed and defrauded online. Fortunately, there is continuous research and advancement in cybersecurity to help protect yourself and your assets. Read on to learn about how to best protect yourself from scammers and what you can do if you think you’ve been the...

When you think of a mortgage, you may assume it’s just one type of loan to cover the purchase of your home. In reality, home loans can be customized to fit your financial situation. Some of the most common mortgage options include:

You may have heard the term “line of credit” before. Chances are you’re familiar with what this means, but did you know there are various types of credit lines? Knowing your options can help you decide what is best suited for your needs. Understanding lines of credit and how they affect your credit score is an important and responsible thing to research before applying for any new credit.

First...

As your community bank, it’s not often we share news from or take a public stance on, issues taking shape in places well beyond our city’s limits. However, we feel strongly that as our customer, you should be informed about a concerning new proposal by policymakers in Washington. 

This new proposal is calling for the IRS to track the deposits and withdrawals of all bank accounts with balances of $600 or more. This would affect...

1911 is the year it all began, and by “it” we mean F & M Community Bank. You calculated that correctly; 2021 marks 110 years that we’ve been in operation and we are very proud to celebrate this milestone! 

In order to really understand just how much has happened and all the changes that have taken place in over a century’s worth of time in business, let’s take it back to the start with a...

Buying a home is a huge milestone, and while it’s often thought of as something for individuals or married couples, that’s not always the norm anymore. Today many committed unmarried couples are embarking on homeownership before any wedding bells have rung. In fact, the number of cohabiting unmarried couples has increased nearly 30% since 2007, according to the Pew Research Center.

Before you get lost scrolling through Zillow, there are...

Now more than ever, you need to know how to protect yourself from scams. Scam artists work year-round and around the clock, but they’ve been given a new arsenal of tricky tools to use during the COVID-19 pandemic. It’s important to take steps to recognize if you’re being scammed and to flag any concerning activity before or right as it starts. Rest assured, the experts at F & M Community Bank have actionable solutions to keep you...

Fall is here, the time of year to discover options available to you through Medicare.

Don’t wait! Medicare open enrollment starts October 15, 2020 for the 2021 coverage year. This is the time of year when you can make your elections and changes to your 2021 Medicare insurance.

Medicare can be is complicated! Medicare A, B, C, D, Advantage, Gap - How does anyone decipher all the options to find a plan that is best suited to your budget,...

Pennies, Nickels, and Dimes – oh my. Coin currency producer, the United States Mint, has announced a coin shortage impacted by COVID-19.

"The impact of COVID-19 has resulted in the disruption of the supply channels of circulating coinage — the pennies, nickels, dimes, and quarters that the American people and businesses use in their day-to-day transactions." the U.S. Mint said in a July Press Release.

There is an adequate...