Events

First Farmers & Merchants Bank Names Matt Patterson Chief Credit Officer

First Farmers and Merchants Corporation (OTCID: FFMH), the holding company for First Farmers and Merchants Bank, is pleased to announce the promotion of Matt Patterson to Chief Credit Officer, effective June 1, 2026. This leadership transition reflects the bank’s continued growth and underscores the critical role of strong credit risk management in supporting long-term performance […]

Personal Loan vs. Credit Card: Knowing When to Use Each

When you need to borrow money, two of the most common options are personal loans and credit cards. While they may seem similar, they’re designed for very different needs. Understanding how each works can help you avoid unnecessary debt, manage interest fees, and allow you to make confident financial decisions. What’s the Difference? At a […]

First Farmers Bank Welcomes Deborah Gadberry as Mortgage Sales Director

First Farmers and Merchants Corporation (OTCID: FFMH), the holding company for First Farmers and Merchants Bank, is pleased to announce the addition of Deborah Gadberry to the bank team as Mortgage Sales Director. Joining the bank earlier this year, Gadberry leads the bank’s Secondary Market Mortgage team where she brings extensive experience in mortgage sales […]

First Farmers & Merchants Bank Expands Business Banking Initiatives

First Farmers and Merchants Corporation (OTCID: FFMH), the holding company for First Farmers and Merchants Bank, is proud to announce the strategic addition of a Director of Business Banking and the continued expansion of its Business Banking team, reinforcing the bank’s commitment to serving the small businesses that drive local economies throughout the state. Small […]

50/30/20 Budget Rule: What It Is and How to Use It

The 50/30/20 rule is one of the most well-known budgeting methods—and for good reason. It offers a simple, approachable way to divide your income into clear categories so you can cover the essentials, enjoy your lifestyle, and still make progress toward long-term goals. If you’ve been wondering how to create a budget that actually fits […]

First Farmers & Merchants Bank Honored as SBA Tennessee-Based Lender of the Year

Columbia, Tenn. – First Farmers and Merchants Corporation (OTC PINK: FFMH), the holding company for First Farmers and Merchants Bank, is proud to announce it has been recognized by the U.S. Small Business Administration (SBA) as one of Tennessee’s Top 7(a) Lenders by Number of Loans for fiscal year 2025. This honor reflects the bank’s […]

Top Lenders Honored by SBA for Work in Tennessee

Farmers and Merchants Bank is a Tennessee-Based Lender of the Year NASHVILLE, Tenn. – The U.S. Small Business Administration (SBA) District Office for Tennessee today honored five private lending partners for their work delivering capital for small businesses across the State. More than 120 private and nonprofit lending partners delivered more than $670 Million in […]