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 do I apply?Any federally insured depository (bank or credit...

The Paycheck Protection Program, part of the new CARES stimulus package, is a federal loan program aimed at helping small businesses who have been severely impacted by Coronavirus. In addition to the Paycheck Protection Program loan, the U.S. Small Business...

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”), announced consolidated financial results for the fourth quarter (unaudited) and full...

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 to the Minority Depository Institutions (MDIs) subcommittee of the FDIC’s...

M&F Bancorp, Inc. Announces Cash Dividend DURHAM, N.C.-- M&F Bancorp, Inc. (“Company”) (OTC Pink: MFBP), the parent company of M&F Bank (“Bank”), announced that its Board of Directors has declared a cash dividend on its common stock of $0.06 per share...

M&F Bancorp, Inc. Announces Third Quarter 2019 Results DURHAM, N.C.-- M&F Bancorp, Inc. (“Company”) (OTC Pink: MFBP), the parent company of M&F Bank (“Bank”), announced unaudited consolidated financial results for the third quarter of 2019 today. James H....

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 named to the Community Bank Advisory Council of the Consumer Financial Protection...

M&F Bancorp, Inc. Announces Second Quarter 2019 Results DURHAM, N.C.-- M&F Bancorp, Inc. (“Company”) (OTC Pink: MFBP), the parent company of M&F Bank (“Bank”), announced unaudited consolidated financial results for the second quarter of 2019 today. James...

Randall C. Hall Promoted to Executive Vice President M&F Bancorp, Inc. and M&F Bank DURHAM, N.C.-- M&F Bancorp, Inc. (OTC Pink: MFBP), the parent company of M&F Bank – James H. Sills, III, President & Chief Executive Officer, is pleased to announce...

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 financial results for the first quarter of 2019 today. James H. Sills III,...