M&F Bancorp, Inc. operates as a holding company for Mechanics and Farmers Bank. The company is headquartered in Durham, North Carolina. The Bank has seven branches in North Carolina: two in Durham, two in Raleigh and one each in Charlotte, Greensboro and Winston-Salem. The firm operates through single segment and offers a variety of consumer and commercial banking services and products in North Carolina. The Bank provides Personal Banking, Business Banking and Digital Banking products and services. The Bank offerings includes checking accounts, savings accounts and certificate of deposits, health savings account (HAS) accounts, credit cards, home equity, personal loans, auto loans, uChoose rewards, card valet, automatic teller machine (ATM) access, retirement calculator, auto loan calculator, personal loan calculator, commercial checking, commercial savings, business loans, small business administration (SBA) loans, business credit card and treasury management services.

Industry: State Commercial Banks Peers: FIRST BANCORP OF INDIANA INC Glen Burnie Bancorp Golden State Bancorp PNC Financial Services Group Inc