Farmers & Merchants Bank Achieves Approval as a Participating Financial Institution Program Member

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Congratulations to Henry Walker, President, and Jeff Spinelli-Faris, SVP/Regional Manager and the entire team at Farmers & Merchants Bank has achieved approval by the California Infrastructure & Economic Development (“IBank”) as a member institution and whereas, the bank is able to leverage California’s capital access programs to expand its direct lending efforts to small businesses throughout its footprint.

Headquartered in Long Beach, CA., F&M Bank is a 112-year-old $7.6 billion regional commercial banking institution with 25 offices. Said Jeff Spinelli-Faris, SVP “Since our founding in 1907, Farmers & Merchants Bank has been dedicated to the communities we are honored to serve. True to our values of Honesty, Integrity, the Home, the Church, and Service Above Self, we are humbled to be assisting small businesses during the COVID-19 pandemic through the California Disaster Relief Loan Guarantee Program.”

The IBank was created in 1994 to finance public infrastructure and private development that promote a healthy climate for jobs, contribute to a strong economy and improve the quality of life in California communities. #banking #smallbusiness #sbdoc