Clarksville-based F&M Bank enters Nashville market
Jimmy SettleClarksville-based F&M Bank is expanding its middle Tennessee banking services into Nashville.
Pending regulatory approval, F&M Bank will create its first, full-service Davidson County branch at 1701 West End Ave, ramping up its presence in the state's largest city.
F&M already has a mortgage loan office in Nashville.
It will be the bank’s 19th full-service facility in middle Tennessee.
“Davidson County is a natural progression in the next phase of our strategic plan," said Sammy Stuard, F&M Bank president/CEO, in a news release.
"Currently with banking and mortgage facilities surrounding the Nashville area, we have built a strong team of individuals providing quality financial service."
A middle Tennessee regional bank, F&M Bank is one of the top independent banks based on asset size in Tennessee.
in 2020, the bank's assets increased to $1.3 billion and its mortgage division originated $1.1 billion in loans, F&M officials said.
F&M Bank operates full-service banking offices in Dickson, Montgomery, Putnam, Robertson, Rutherford, Sumner, Stewart, Williamson and Wilson counties, in addition to mortgage loan offices in Brentwood, Nashville and Murfreesboro.
Founded in Bumpus Mills (Stewart County) in 1906, F&M Bank moved its headquarters to Montgomery County by 1989.
Reach Jimmy Settle at jimmysettle@theleafchronicle.com or 931-245-0247. To support his work, sign up for a digital subscription to TheLeafChronicle.com.