Durham’s M&F Bank aims to keep up ‘wave of momentum’ for asset growth – Triangle Business Journal

 

Sep 6, 2021

How this Durham bank aims to keep ‘wave of momentum’ from PPP, social justice movement

Aug 18, 2021, 7:00am EDT

After a year like no other, Durham based M&F Bank is “firing on all cylinders,” according to CEO Jim Sills. M&F, a historically Black-owned institution, was once at the center of what was called Black Wall Street in Durham. But it’s struggled to find relevance in recent years as big banks – from Wells Fargo (NYSE: WFC) to Bank of America (NYSE: BAC) – rack up market share in  the Triangle

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