M&F Bancorp, Inc. is a bank holding company, which engages in the provision of consumer and commercial banking services and products. The company is headquartered in Durham, North Carolina. The firm is the parent company of M&F Bank (the Bank). The Bank is a state-chartered commercial bank. The Bank's services include digital banking, personal banking, wealth and business banking. The Bank's digital banking includes mobile app, bill pay, Zelle, online banking, business mobile app, business online banking, and payments and cash management. The Bank's personal banking includes checking accounts, savings accounts & CD’s, health savings account, credit cards, personal loans, auto loans and home equity line of credit. The Bank's wealth services include wealth management, college savings planning, eldercare financial planning, insurance planning, investments & brokerage accounts, and retirement income planning. The Bank's business banking includes business checking accounts, business savings accounts, loans, SBA loans and small business grant. The Bank's customers have surcharge-free access to over 44,000 ATMs nationwide.
