F&M Bank Corp Appoints Director Erica N. Truban

What Happened F&M Bank Corp (filed Form 8-K, Item 5.02) announced that on August 25, 2026 the Board appointed Erica N. Truban as a director of the Company and as a director of its wholly owned subsidiary, Farmers & Merchants Bank. Ms. Truban will serve until the Company’s next annual shareholders meeting and is expected to join the Board’s Audit Committee and Operational Risk Committee. She is currently Director, Customer Success – High-Value & Partner Firms at Intuit, Inc., and holds CPA and CISA certifications.

Key Details

• Appointment date: August 25, 2026; reported in 8-K filed August 26, 2026.
• Board roles: Director of F&M Bank Corp and Farmers & Merchants Bank; expected member of Audit Committee and Operational Risk Committee.
• Compensation: Will receive standard non-employee director pay (meeting fees, retainers, bonuses) per the Company’s proxy disclosures.
• Independence and disclosures: No arrangements or understandings led to her selection; no reportable related-person transactions; she has not been an officer or employee of the Company.

Why It Matters Board additions affect corporate governance and oversight. Ms. Truban’s CPA and CISA credentials and experience at Intuit suggest expertise in accounting and information systems — relevant to audit oversight and operational risk management. The filing discloses no related-party transactions and indicates no immediate change to executive management or company financials; investors should view this as a governance update to monitor board composition and committee expertise.