Inactive Instrument

Company M&F Bancorp, Inc. Other OTC

Equities

MFBP

US5525071057

Banks

Business Summary

M&F Bancorp, Inc. is a bank holding company for M&F Bank (the Bank). The Company operates through a single business segment and offers a variety of consumer and commercial banking services and products in North Carolina. The Bank is a state-chartered commercial bank. The Bank provides Personal Banking, Business Banking and Digital Banking products and services. The Bank offerings includes checking accounts, savings accounts and certificate of deposits, health savings account (HAS) accounts, credit cards, home equity, personal loans, auto loans, uChoose rewards, card valet, automatic teller machine (ATM) access, retirement calculator, auto loan calculator, personal loan calculator, commercial checking, commercial savings, business loans, Small Business Administration (SBA) loans, business credit card and treasury management services. The Bank has seven branches in North Carolina, two in Durham, two in Raleigh, and one each in Charlotte, Greensboro and Winston-Salem.

Sales per Business

USD in Million2022Weight2023Weight Delta
Consumer and Commercial Banking
100.0 %
20 100.0 % 25 100.0 % +24.20%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
20 100.0 % 25 100.0 % +24.20%

Managers

Managers TitleAgeSince
Chief Executive Officer 65 31/08/14
Director of Finance/CFO 58 10/01/13
General Counsel - 31/08/00

Members of the board

Members of the board TitleAgeSince
Director/Board Member 68 31/12/01
Chairman 75 31/12/07
Director/Board Member 71 31/12/09
Director/Board Member 53 31/12/05
Chief Executive Officer 65 31/08/14

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 0 80,000 0 0 100.00 %
Stock B 0 17,302 0 0
Stock C 1 1,982,518 1,982,518 ( 100.00 %) 0

Shareholders

NameEquities%Valuation
March Asset Management SGIIC SAU
0.0642 %
1,272 0.0642 % 17 554 $

Company contact information

M&F Bancorp, Inc.

2634 Durham Chapel Hill Boulevard Suite 101

27707-2800, Durham

+

http://www.mfbonline.com
address M&F Bancorp, Inc.(MFBP)
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