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M & F Bancorp Inc is engaged in the financial domain. The company's primary function is to serve as the holding company for its wholly-owned subsidiary, Bank, an NC chartered commercial bank. The Bank is a community bank engaged in the general banking business including a full range of banking services such as checking accounts, savings accounts, Negotiable Order of Withdrawal accounts, money market accounts, certificates of deposit, individual retirement accounts, equity lines of credit, credit lines, consumer loans and credit cards. Its principal source of income is from dividends declared and paid by the bank on its issued and outstanding capital stock.
Durham, NC, 27707-2800