F&M Bank has been named for the second year in a row to the list of Hot100 companies to watch in Tennessee by BusinessTN magazine.
The 103-year old F&M ranks as one of the state’s top 15 independent banks. With assets exceeding $750 million, F&M Bank operates offices in Montgomery, Rutherford, Wilson, Sumner, Putnam, Robertson and Stewart counties.
“Being recognized by BusinessTN as one of the 2009 Hot100 companies in the state is evidence that many businesses and individuals continue to be drawn to F&M’s longstanding tenure in Middle Tennessee, our financial stability and the unique brand of community banking we offer,” remarked Sammy Stuard, F&M president and CEO. “People are finding lots of reasons to migrate back to community banks — trust, accessibility and a feeling that they are more than just an account number,” he continued. “F&M has worked hard to roll-out meaningful new products and keep our banking technology current. Consumers realize that there are negligible benefits associated with the larger banks that have been the subject of so much negative financial news. I am pleased to share this honor with the 220 F&M employees who are crucial to our success.”
The Hot100 list is described by BusinessTN as an annual look at companies who represent the best that Tennessee has to offer in terms of entrepreneurial vision and growth. According to the publication, selection of the Hot 100 is based on numerous factors such as revenue, employee growth, growth over a period of years, growth as compared to industry average and projected growth. In compiling the Hot 100 list, BusinessTN spotlights companies that are enriching local and regional economies, providing jobs, and contributing to Tennessee’s entrepreneurial culture.
F&M has recently opened new full-service banking offices in Cookeville and a new mortgage office in Brentwood. For more information on F&M Bank and F&M Mortgage, visit www.myfmbank.com.
