North Carolina tech company switches to Black-owned community bank for $3M account

Aug 26, 2020

Durham’s “Black Wall Street” doesn’t look quite the same. One of the most well-known businesses on Parrish Street recently underwent a facelift, giving the historic Mechanics and Farmers Bank a new look.

A group of prominent African American businessmen in Durham first opened Mechanics and Farmers Bank – known today as M & F – in 1908. A mural of the old bank now covers part of a wall in the bank. The branch’s $300,000 renovation includes a new teller pod and ATM machine.