F&M Bank Corp.

F & M Bank Corp. is a one-bank holding company incorporated in Virginia in 1983. The company owns 100% of its banking subsidiary, Farmers & Merchants Bank, and VSTitle, LLC. VBS Mortgage, LLC, which operates as F&M Mortgage, is a wholly owned subsidiary of the Bank; its operations, assets, and liabilities were transferred to the Bank effective May 15, 2025. Farmers & Merchants Financial Services, Inc. was dissolved effective April 25, 2024, with its legal existence terminated on June 7, 2024, and its operations, assets, and liabilities were transferred to the Bank. The Company and Bank headquarters are in Timberville, Virginia, with primary operations in the Shenandoah Valley of Virginia. The Bank, chartered on April 15, 1908, offers commercial and individual demand and time deposit accounts, commercial and individual loans, internet and mobile banking, drive-in banking, ATMs, and courier services for commercial customers. It also originates conventional and government agency sponsored mortgages for sale in the secondary market and holds a portfolio of residential mortgages and indirect auto loans. VSTitle, LLC provides title insurance services to customers in its market area and to the Bank. The local economy is diverse, with strong employment in agricultural, manufacturing, service, and governmental sectors.