Statement from Kmart, "On Thursday, Oct. 9, 2014 our IT team detected that our Kmart store payment data system had been breached and immediately launched a full investigation working with a leading IT security firm. The security experts report that beginning in early September, the payment data systems at Kmart stores were purposely infected with a new form of malware (similar to a computer virus). This resulted in debit and credit card numbers being compromised."
For more information and full statement, click here.
The Leaf Chronicle, CLARKSVILLE, Tenn. – F&M Bank has claimed the No. 1 spot in the county for the 11th consecutive year, according to 2014 market share of deposit statistics released recently by the Federal Deposit Insurance Corporation (FDIC).
The newly published report – based on deposits through June 30, 2014 – includes all 11 FDIC-insured financial institutions operating within Montgomery County. The report showed that F&M increased its percentage of the market’s deposits from 17.72 percent in 2013 to 18.15 percent in 2014, and increased overall deposits by nearly 4.5 percent, now exceeding $397 million in Montgomery County.
Sammy Stuard, president and CEO of F&M Bank, credits F&M Bank’s consistently strong market position to a combination of high-touch service blended with the bank’s commitment to provide financial services that customers want in Montgomery County and throughout Middle Tennessee.
“Our bank is constantly improving products and technology that our customers desire in today’s constantly changing financial services market,” stated Stuard. “Our bank is also focused on providing our customers with ‘extras’ – such as points, cash-back and merchant discount coupons – that can provide a boost for tight household budgets.”
“In addition to providing maximum value to our customers, F&M never loses sight that for someone to choose F&M over so many competitors – which includes other banks, credit unions and even retail supercenters – our bank’s high touch, personal service and community involvement is the ultimate difference maker,” claims Stuard, who served as 2008 chairman of the Tennessee Bankers Association.
“We exist to improve our community by supporting businesses and using local dollars to help families buy homes, send their kids to college and build financial security. It’s a responsibility we take seriously, and it shows with the way we embrace innovation and treat our customers.”
Find full article here.
Statement from Home Depot, "Last Tuesday, September 2, we disclosed that we were investigating a possible breach of our payment data systems. We want you to know that we have now confirmed that those systems have in fact been breached, which could potentially impact any customer that has used their payment card at our U.S. and Canadian stores, from April forward. We do not have any evidence that the breach has impacted stores in Mexico or customers who shopped online at HomeDepot.com."
For more information and full statement, click here.
Congratulations to our own Jason Lankford, VP/Commercial Lender (Cookeville) who was recently recognized as Rotarian of the Year by the Cookeville Rotary. Jason also received the Paul Harris Fellow Award, which is the top recognition for service and philanthropy by Rotary International.
Murfreesboro, Tenn. – F&M Bank has announced the hiring of Patrick Jones to lead its Mortgage Services office in Murfreesboro. Patrick brings over ten years of mortgage services experience in the Rutherford, Davidson and Sumner County area.
"He offers his clients a wealth of knowledge in the home financing process. We need more managers and originators like Patrick who have the knowledge to help us keep up with the home loan demand, and who can make the mortgage process extremely easy for our customers," stated Rodney Wilds, vice president of F&M's mortgage division in Williamson, Davidson, Rutherford and Wilson counties.
Patrick can be reached by calling (615) 668-6838. He will be headquartered at F&M's 1639 Medical Center Parkway office in Murfreesboro and may also be contacted by email at email@example.com.
CLARKSVILLE, TENN. — F&M Bank has announced the following promotions of seven employees, according to Sammy Stuard, bank CEO and president.
“We are pleased to recognize these individuals for their hard work and dedication. Each has taken a leadership role in positioning F&M’s growth and success across middle Tennessee,” Stuard said in a news release.
• Jo Hughes, vice president and director of Security, has been promoted to senior vice president.
• Shela Williams, vice president for Branch Administration and Marketing, has been promoted to senior vice president.
• Sue Palmore, vice president for Loan Administration, has been promoted to to senior vice president.
• Michael Jones, vice president and BSA officer, has been promoted to vice president and director of Internal Audit and BSA officer.
• Sally Lee, assistant vice president and senior commercial loan processor/commercial lender, has been promoted to vice president.
• Amanda Dean, mortgage compliance specialist, has been promoted to assistant vice president of the Mortgage Division.
• Carrie Hendrick, accounts payable manager, has been promoted to assistant controller.
To view full article from The Leaf Chronicle, click here.
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