M&F Bank in Durham, North Carolina, got help from the Treasury, which cited the pandemic’s disproportionate impact.
A 115-year-old bank founded at the turn of the 20th century to help African Americans navigate the tremendous challenges in their fight to participate in the U.S. economy is getting a much-needed cash infusion.
Mechanics and Farmers Bank — known as M&F Bank — has received $80 million from the U.S. Treasury as part of the agency’s Emergency Capital Investment Program, according to today!
The post Second-oldest Black bank in U.S. receives $80M federal infusion to help small businesses appeared first on TheGrio.
New Comments