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June 15, 2008
Tennessee Bankers Association Elects F&M's Stuard As Chairman
[CLARKSVILLE, Tenn.] — William S. “Sammy” Stuard, president and CEO of F&M Bank was installed as chairman of the Tennessee Bankers Association on June 3rd during the organization’s annual meeting in Colorado Springs. He is the eighth Clarksville banker to hold the position since 1890 and the first since 1963. Stuard replaces previous chairman Steve White, president of Community South Bank in Parsons. New executive officers are elected yearly at the TBA’s annual meeting.
“TBA has a long tradition of providing programs and services to educate and inform bankers on changing trends, legislative and legal matters affecting our industry,” explained Stuard. “In addition, TBA acts as an advocate and educational resource for Tennessee consumers and businesses in matters that relate to their banking activities. As today's financial industry grows and changes, it is a great honor to be a part of an organization like TBA that works so diligently to meet the needs of Tennessee banks and the people we serve.”
“Sammy Stuard has been a long-time friend and active supporter of TBA,” remarked Brad Barrett, TBA president. “His participation, commitment and leadership has been invaluable over the years, and we are fortunate to have someone of his reputation and work ethic representing Tennessee bankers for the next 12 months.”
Stuard’s position at chairman of the Tennessee Bankers falls on the heels of his selection by American Banker newspaper as a 2007 Community Banker of the Year. American Banker is the financial industry’s leading daily information resource, and each year it honors four bankers who set the highest standards of progress, innovation and performance in the banking and financial services industry.
March 10, 2008
F&M Hires Tim Williams To Head-Up Mortgage Operations
[CLARKSVILLE, Tenn.] — F&M Bank has announced the addition of Clarksville native, Tim Williams, to accelerate their mortgage loan division. Williams will work from F&M’s mortgage headquarters located on the second floor of the bank’s main office at 50 Franklin Street in Clarksville.
Most recently, Williams served as a mortgage banking lender for Wachovia in St. Louis, carrying out district manager responsibilities for the bank. Before moving to St. Louis, he served as a mortgage lender at both Preferred Lending and AmStar Mortgage in Clarksville. He was a 1976 Montgomery Central High School graduate and attended Austin Peay State University.
“Tim brings leadership, experience and keen understanding of today’s mortgage environment,” remarked Sammy Stuard, president and CEO of F&M Bank. “Clarksville is experiencing real estate opportunities not being enjoyed in many areas of the country. The Census Bureau has listed Montgomery County in the top 100 growing counties in the U.S. The Nashville Business Journal recently published an article citing sources that called Clarksville as the most promising real-estate appreciation markets in the country. F&M intends to position ourselves to take advantage of the unique opportunities that exist in our markets.”