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!
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