Community Matters

Reinvesting in your community sounds great, but how does one really put that into action?

If you’ve ever wondered if it matters where you deposit your hard-earned money, let me assure you it does. Not only does banking locally support small businesses (community banks fund more than 60% of small business loans and more than 80% of ag loans), but as locally owned and operated businesses themselves, they are part of the economic engines...

F & M Community Bank has been serving farmers for more than a century because we understand the essential role the agricultural community serves in supporting our nation’s food supply and bolstering the overall economy.

National Ag Day was founded in 1973 to recognize the contributions of farmers in providing Americans with healthy, affordable, and abundant food options. Here are some fun facts from ICBA about the ag industry:

“America Saves Week” is February 27 – March 3.  This is a good time to review your habits when it comes to saving.  Building a financial nest egg can help alleviate stress and provide financial resiliency during times of economic distress or uncertainty.

“Savings is an important component of creating financial wellness and stability” shares Kari Cousineau, Personal Banker with F & M Community...

If one of your goals for 2023 involves working on your credit, check out some helpful tips.

Good credit is a blueprint for financial success, so it is essential to create a track record that demonstrates sound money management principles as you plan your financial future.

Make your payments on time, every time.

Stay in your financial lane – manage your debt-to-income ratio.  This is the...

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...