
Peter Schork
ARCHBOLD, Ohio,—F&M Bank, subsidiary to Farmers & Merchants Bancorp, Inc. has added Peter Schork as Regional President of the Toledo, Ohio, and Southeastern Michigan regions. F&M has also named Carly Buchanan Chief People Officer.
Peter brings 25 years of banking and financial experience to F&M. Prior to joining the company, he served as the Ann Arbor President for Oxford Bank and co-founded the Ann Arbor State Bank serving as its President and CEO. In addition to his community bank experience, Peter was the CFO at Catalyst Commercial Real Estate, and the President of a Michigan-based title, mortgage, and real estate company.
In this role, Peter will oversee F&M’s presence in the Toledo, Ohio, and Birmingham, Michigan markets, including offices in Waterville, Swanton, Perrysburg, Sylvania, and Downtown Toledo, as well as F&M’s Loan Production Office in Troy and its Birmingham, Michigan location.
Lars Eller, President and CEO of F&M stated, “As a proven community banker, Peter brings a wealth of experience to F&M. His leadership, deep market knowledge, and commitment to building strong relationships will be an invaluable resource to F&M as we continue to grow and serve our communities. We look forward to the impact he will make in driving success for our customers, employees, and stakeholders.”
Peter currently serves on the Michigan Theater Board of Trustees, is a member of the Ray and Eleanor Cross Foundation and the Kiwanis Club of Ann Arbor and is a Board Member and Treasurer for the Homeless/Unhoused Mission. Peter holds an MBA with a specialization in Finance from Eastern Michigan University.

Carly Buchanan
With over 18 years of HR, leadership, and organizational development experience across multiple industries, Carly will lead F&M’s Human Resources Department, driving strategic HR planning, talent acquisition, employee engagement, and organizational growth.
Carly Buchanan brings a decade of retail banking experience to her role, providing valuable insight into customer-focused strategies and operational efficiency. She holds senior HR certifications from SHRM (SHRM-SCP) and HRCI and has served as past President of the Northeast Indiana Human Resources Association. Recognized as a 2023 Fort Wayne 40 Under 40 honoree, Carly is also deeply committed to community involvement, supporting organizations like Junior Achievement, Boys and Girls Club, and the 988 Crisis Lifeline.
“Carly’s leadership, expertise, and passion for people make her an incredible asset to F&M Bank,” said Lars Eller, President, and CEO. “Her strategic vision will strengthen our culture, enhance employee engagement, and support our mission of serving our customers and communities.”
Carly earned her MBA and a Bachelor of Science in Business Administration from Indiana Tech. She and her family reside in Northern Indiana, where she combines professional excellence with a strong dedication to community impact.