The Paycheck Protection Program

The Paycheck Protection Program March 31, 2020 On Friday, March 27, 2020, Congress passed the CARES Act aimed at providing economic relief due to the COVID-19 pandemic. The Paycheck Protection Program (PPP) is part of this legislation to provide financial support to...

Paycheck Protection Program (PPP) Loan Q&A

Paycheck Protection Program (PPP) Loan Q&A March 28, 2020 Who can get a loan?Businesses, including self-employed and independent contractors, Nonprofits (501 C3), veterans’ organizations (501 C19) and tribal business concerns, with less than 500 employees. Where...
Valerie M. Quiett Named to National Advisory Council for CFPB

Valerie M. Quiett Named to National Advisory Council for CFPB

Valerie M. Quiett Named to National Advisory Council for CFPB March 9, 2020   Valerie M. Quiett Named to National Advisory Council for CFPB DURHAM, NC – (October 9, 2019) — Valerie M. Quiett, Senior Vice President and Chief Legal Officer of M&F Bank, has been...

M&F Bancorp, Inc. Announces Fourth Quarter and Annual 2019 Results

M&F Bancorp, Inc. Announces Fourth Quarter and Annual 2019 Results March 9, 2020 M&F Bancorp, Inc. Announces Fourth Quarter and Annual 2019 Results DURHAM, N.C.– M&F Bancorp, Inc. (“Company”) (OTC Pink: MFBP), the parent company of M&F Bank (“Bank”),...

M&F Bancorp, Inc. Announces First Quarter 2019 Results

M&F Bancorp, Inc. Announces First Quarter 2019 Results March 9, 2020  M&F Bancorp, Inc. Announces First Quarter 2019 Results DURHAM, N.C.– M&F Bancorp, Inc. (“Company”) (OTC Pink: MFBP), the parent company of M&F Bank (“Bank”), announced unaudited...

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