F&M Bank Participates in Scholarship Program

During March, Virginia high school seniors will have the opportunity to spend the day shadowing bankers at F&M Bank as part of Bank Day, a statewide effort sponsored by the Virginia Bankers Association (VBA) Education Foundation and the VBA Emerging Bank Leaders. The purpose of the day is to expose students to the banking industry and provide an opportunity for the students to learn about banking, financial services and the vital role F&M Bank plays in its community.

The third Tuesday in March was declared Bank Day by the Virginia General Assembly in 1991 and F&M Bank is proud to host students for this important program.  From their experience, participating students will write an essay for the chance to win a scholarship. Six regional scholarships of $2,500 each will be awarded, and from those six winners an overall statewide winner will be chosen. The statewide winner will receive an additional $5,000 scholarship – $7,500 in total. There will also be six honorable mention scholarships of $1,000 each. In all, twelve students will receive scholarships totaling $26,000.

During their visit, the students will visit various bank departments; learn about the loan process, the importance of good credit, the profile of a qualified borrower, appropriate etiquette during a job interview, how F&M Bank is involved in the community, the Federal Reserve System, payments, etc.

“Bank Day is one of the best short-term, hands-on experiences that a classroom teacher can offer their students—the opportunity to go inside the bank vault, to watch customer/bank officer interaction, to learn about the many services that banks offer, and to start the networking that often leads to part-time and summer jobs, scholarships, and a start on a career path in the financial world,” said Bruce Whitehurst, president & CEO of the Virginia Bankers Association.

F&M Bank will offer three different locations/dates for bank day shadowing*:

March 12th – F&M Bank Harrisonburg, 80 Cross Keys Road

March 14th –  F&M Bank Timberville, 205 S Main Street

March 19th – F&M Bank Staunton, 30 Gosnell Crossing

If interested,  sign up for the program.

For more information, or if you have any questions, please contact Kelsey Dean, Marketing Specialist, at kwdean@fmbankva.com or 540-896-1741.

*Make up dates are scheduled in the event there is inclement weather. March 19th (Harrisonburg), March 20th (Timberville), and March 21st (Staunton).