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M&F Bancorp Inc
2634 Durham Chapel Hill Boulevard
Suite 101
Phone: (919) 687-7800p:919 687-7800 DURHAM, NC  27707  United States Ticker: MFBP MFBP
This company ceased filing statements with the SEC on 9/23/2016.
Business Summary
M&F Bancorp, Inc. is a bank holding company. The Company 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.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
Yes--Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202312/31/2023YesYes---

Industries
SIC Code Description
6022 State commercial banks
6029 Commercial banks, not elsewhere classified
6712 Offices of bank holding companies

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Independent Chairman of the Board and the Bank James A.Stewart 71
President, Chief Executive Officer, Director of the Corporation and the Bank James H.Sills 11/25/2014 9/1/2014
Vice Chairman of the Board Willie T.Closs 64 1/1/2023 1/1/2002
5 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Mechanics & Farmers Bank 2634 Durham Chapel Hill Boulevard Durham NC United States

Business Names
Business Name
M&F BANCORP INC /NC/
Mechanics and Farmers Bank
MFBP

General Information
Number of Employees: 67 (As of 12/31/2013)
Outstanding Shares: 1,982,518 (As of 3/31/2024)
Shareholders: 990
Stock Exchange: OTC
Federal Tax Id: 561980549


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Tuesday, January 28, 2025