M&F Bancorp, Inc. Announces First Quarter 2020 Results

&F Bancorp, Inc. Announces First Quarter 2020 Results May 6, 2020 DURHAM, N.C.– M&F Bancorp, Inc. (“Company”) (OTC Pink: MFBP), the parent company of M&F Bank (“Bank”), announced unaudited financial results for the first quarter of 2020 today.  James H....

Congress passed the CARES Act

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...
Daniel Bellamy Joins M&F Bank as VP/Business Banker in Durham

Daniel Bellamy Joins M&F Bank as VP/Business Banker in Durham

Daniel Bellamy Joins M&F Bank as VP/Business Banker in Durham March 9, 2020 Daniel Bellamy Joins M&F Bank as VP/Business Banker in Durham Durham, NC March 20, 2018  – M&F Bank recently added Daniel Bellamy to their business development team in the Durham...
M&F Bank CEO Appointed to FDIC Advisory Subcommittee on MDIs

M&F Bank CEO Appointed to FDIC Advisory Subcommittee on MDIs

M&F Bank CEO Appointed to FDICAdvisory Subcommittee on MDIs March 9, 2020 M&F Bank CEO Appointed to FDIC Advisory Subcommittee on MDIs James ‘Jim’ Sills, President and CEO of M&F Bank, and Kyle Chavis, CEO of Lumbee Guaranty Bank, were recently appointed...

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