Farmers & Merchants Bancorp (FMCB) Announces New Board Member

LODI, Calif., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp (OTCQX: FMCB) announced today that Deborah Skinner was appointed to the Board of Directors effective January 15, 2025. Ms. Skinner served as Executive Vice President and Chief Administrative Officer of the Company for 24 years until her retirement from the Company on December 31, 2024.

Ms. Skinner brings to the Board of Directors the skills honed over her 40-year banking career culminating in her 24 years as EVP and Chief Administrative Officer at Farmers & Merchants Bank of Central California. In this role, Ms. Skinner oversaw Information Technology, Loan and Deposit Operations, Call Center, Electronic Banking, Compliance, BSA/Fraud, and Treasury Management Operations. During her long career in financial services, she also made significant contributions to the banking industry, having served on the Board of Directors and Executive Committee of the California/Western Bankers Association for many years. She also completed a one-year term as Chairman of this organization. Additionally, Ms. Skinner has been a long-term member of the American Bankers Association Cyber and Information Security Working Group. Throughout her career Ms. Skinner has actively supported local communities by raising funds for United Way, and other local charities, and providing financial literacy training.

Prior to joining F&M Bank, Ms. Skinner held the position of Executive Vice President and Chief Operations Officer of Union Safe Deposit Bank in Stockton, California, as well as key roles at Stockton Savings Bank, Fannie Mae and American Savings and Loan. She earned her Bachelor of Arts degree in Business Administration from the University of Washington.

"On behalf of the Board of Directors, I want to welcome Debbie to the Board. She brings a wealth of professional experience, leadership and commitment to exceptional corporate governance practices to our Board,” said Kent A. Steinwert, Chairman, President and Chief Executive Officer of FMCB. “Debbie has extensive knowledge of the regulatory and risk environment and information systems. She has a deep understanding of the Bank’s established culture of operating with integrity and commitment to our communities. I look forward to working with her as we continue to serve the needs of the Company’s five key constituents, which are the shareholders, customers, employees, communities and government, in a balanced manner.”