Business Summary: F&M Bank Promotes Hoskins to Senior Executive Vice President – Salisbury Post

Salisbury – Guy Hoskins has been promoted to senior executive vice president. As Chief Financial Officer, he has spent the past 26 years serving F&M Bank customers. Oversees the bank’s financial, investment and audit systems and related controls. He also serves on the Corporate Governance Committee, the Banking Governance Committee and the Senior Credit Committee.

In the year He started as the bank’s corporate controller in 1996 and was named chief financial officer in 1998. In 2011, he joined the bank’s board of directors of F&M Financial Corporation, F&M Bank and F&M Investment Services.

Hoskins received his BS in Accounting from the University of Kentucky and earned his Certified Public Accountant (CPA) designation. He spent 10 years with KPMG, a global firm that provides audit, tax and consulting services.

He also served as a board member for several local charities, including the United Way, Chamber of Commerce, Community Care Clinic, Rowan Arts Council and Piedmont Players Theatre.

“I couldn’t ask for a better community bank leader,” F&M Bank Chairman and CEO Steve Fisher said in a news release. “Guy is a talented professional with a broad skill set and is dedicated to his colleagues and the mission of F&M Bank. Please join us in congratulating him on this great achievement.”

State Employees Credit Union, SECU Foundation honored

Raleigh – State Employees Credit Union (SECU) and the SECU Foundation were the inaugural recipients of two statewide Credit Union National Association (CUNA) awards sponsored by the Carolinas Credit Union Foundation (CCUF) – the Louise A. Herring Prize in Practice and Philosophy. Dora Maxwell Social Responsibility Award respectively.

SECU received the Louise Herring Award for demonstrating the valuable services provided by SECU*RE, Inc., the credit union’s wholly-owned asset management credit union service organization (CUSO), that implements the credit union philosophy of “People Helping People®.” ). SECU*RE was established in In 2013, the credit union is helping to preserve and improve foreclosed residential real estate in North Carolina and community members in need of safe and affordable housing. Since then, SECU*RE has continued to expand its property rehabilitation and community revitalization space, providing affordable rental housing to more than 8,200 North Carolinians, and as of 2020, 32 of its tenants have become first-time homeowners.

The SECU Foundation won the Dora Maxwell Award for its Mission Development Grant (MDG) program, which promotes environmental and community development. In the year Beginning as a pilot in 2017, the program is designed to assist North Carolina nonprofits with organizational capacity building to help them continue their mission of serving North Carolina nonprofits with expanded facilities and services. The Foundation has awarded 39 MDG grants totaling more than $1.5 million to help many, including the homeless, veterans, children in need of food or clothing, and patients and families in need of hospice or hospice care. The foundation is looking forward to 20 more MDGs this summer.

“These awards recognize many outstanding programs that exemplify how credit unions live by the philosophy of ‘people helping people’ every day,” said Chief Operating Officer Leigh Brady. “We are honored to be recognized by CCUF for our dedication and commitment to making a positive difference for our members, our community and our state through SECU*RE and the member-supported SECU Foundation.”

A not-for-profit financial cooperative owned by its members and federally insured by the National Credit Union Administration SECU has been providing consumer financial services to North Carolina employees for more than 85 years. SECU is the second largest credit union in the United States with $50 billion in assets. It serves over 2.7 million members through 274 branches. The SECU Foundation, a 501(c)(3) charitable organization supported by contributions from SECU members, promotes local community development in the areas of housing, education, health care and human services. Since 2004, the SECU Foundation has made more than $235 million in collective financial commitments to initiatives.