Representatives of F & M Community Bank recently met with U. S. Representative Tim Walz at the bank’s office in Rochester.
Dan Christianson, CEO; Charles Aug, President; Jim Oeltjenbruns, Senior Vice President; and Mike Tuohy, Board Member, met with Congressman Walz to discuss various community banking concerns.
“Congressman Walz was very cordial and interested in hearing about our concerns that affect not only community banks such as ours, but the customers we serve,” according to Christianson. “We covered such things as the need for regulatory relief and how federal data security standards should apply to all participants in the payment system.”
Aug said, “We also covered the downturn in the agricultural economy and the need to provide funding for the Farm Service Agency as well how the Trans-Pacific Partnership would improve prices for farmers. Again, Congressman Walz indicated his understanding and concern.”
All four community bankers were impressed by Congressman Walz’s willingness to take the time to meet with them and consider doing what he can to help community banks and their customers.
F & M Community Bank, which has been in business since March of 1911, has its home office in Preston, Minn. It also has branch offices in Chatfield, Minn., and in Rochester, Minn. It is a wholly owned subsidiary of F & M Financial Services, Inc., which also owns and operates F & M Insurance Services, which is located in Preston.