FMAO - Mark Hutchinson Joins F&M Bank as Treasurer | Benzinga
ARCHBOLD, Ohio, April 24, 2024 (GLOBE NEWSWIRE) -- F&M Bank ("F&M"), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) announced that Mark Hutchinson has joined F&M as Treasurer.
In this new position, Hutchinson will oversee certain financial operations including budgeting, planning, investing and other financial matters for the Bank. Hutchinson will report to the Company's Chief Financial Officer. He has 22 years of experience working for 2 financial institutions in the areas of treasury, finance, and accounting. Hutchinson is also a Certified Management Accountant (CMA).
Lars Eller, President and Chief Executive Officer said, "Mark has an extensive background in asset and liability management, interest rate risk, liquidity, funds transfer pricing, budgeting, and forecasting. F&M continues to invest in its platform to maintain best-in-class, and local financial services for our customers, our communities, and our shareholders."
Hutchinson is a Chicago area native and earned his undergraduate in Business from Western Illinois University and his MBA from Indiana Tech. He resides in ...