M&F Bancorp, Inc. Receives $80 Million in New Capital Investment Funds

Jun 25, 2022

DURHAM, N.C., June 22, 2022

M&F Bancorp, Inc. (the “Company”), parent company of M&F Bank (the “Bank”), the second-oldest African American-owned bank in the United States, announced today that it has successfully closed on a $80 million investment from the U.S. Treasury as part of the Emergency Capital Investment Program (“ECIP”).