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What Is a Bad Credit Score?
A bad credit score can be compared to a bad grade in school, a failing grade on a driving test, or getting bad results for any other type of assessment that uses a numerical ranking to judge performance. Getting the news that your credit scores might be less than stellar can be disheartening, but the good news is you are not stuck with your bad credit scores. Make improvements to a few key credit management habits, and over time, your score will improve.
What Is a Bad Credit Score?
A bad credit score can be compared to a bad grade in school, a failing grade on a driving test, or getting bad results for any other type of assessment that uses a numerical ranking to judge performance. Getting the news that your credit scores might be less than stellar can be disheartening, but the good news is you are not stuck with your bad credit scores. Make improvements to a few key credit management habits, and over time, your score will improve.
Trending Articles
Jim Sills Appointed Chairman of North Carolina Bankers Association (NCBA)
RALEIGH, N.C. – The North Carolina Bankers Association (NCBA) has announced its board of directors for the 2021-2022 term. Leading its new board, effective following the NCBA’s 125th Annual Convention from June 13 – 15, 2021, will be incoming chairman, Jim Sills, president and CEO for M&F Bank in Durham. Mary Willis, president and CEO of Fidelity Bank in Fuquay Varina, will serve as vice chairman.
M&F Bancorp, Inc. Announces First Quarter 2021 Results, and Issues Quarterly Dividend
DURHAM, N.C.– M&F Bancorp, Inc. (“Company”) (OTC Pink: MFBP), the parent company of M&F Bank (“Bank”), announced unaudited financial results for the first quarter of 2021 today. James H. Sills III, President and CEO of the Company, commented, “The first quarter of 2021 was one of the best for the Company in many years. We are continuing to experience strong total asset and deposit growth. I am pleased to report that along with improved core earnings, the Company recently announced a $0.02 per share common stock cash dividend payable to shareholders in May 2021.
M&F Bancorp, Inc. Announces Cash Dividend
DURHAM, NC (April 28, 2021) — M&F Bancorp, Inc. (“Company”) (OTC Pink: MFBP), the parent company of M&F Bank (“Bank”), announced that its Board of Directors has declared a cash dividend on its common stock of $0.02 per share payable on May 19, 2021 to shareholders of record as of May 10, 2021. James A. Stewart, Chairman of the Board, stated, “We are pleased to announce this dividend based on improved Company performance. Like most banks, we have been watchful of the economic effects of the COVID-19 pandemic, and we are greatly relieved that the worst fears of economic crisis were not realized.” The Company is a bank holding company headquartered in Durham, NC with assets of approximately $309 million as of December 31, 2020. The Bank is a state-chartered commercial bank founded in 1907, and has operated continuously since 1908. With branch locations in Durham, Raleigh, Charlotte, Greensboro and Winston-Salem, NC, M&F Bank is one of only a few NC banks designated by the U.S. Treasury as a Community Development Financial Institution.
Trending Articles
Jim Sills Appointed Chairman of North Carolina Bankers Association (NCBA)
RALEIGH, N.C. – The North Carolina Bankers Association (NCBA) has announced its board of directors for the 2021-2022 term. Leading its new board, effective following the NCBA’s 125th Annual Convention from June 13 – 15, 2021, will be incoming chairman, Jim Sills, president and CEO for M&F Bank in Durham. Mary Willis, president and CEO of Fidelity Bank in Fuquay Varina, will serve as vice chairman.
M&F Bancorp, Inc. Announces First Quarter 2021 Results, and Issues Quarterly Dividend
DURHAM, N.C.– M&F Bancorp, Inc. (“Company”) (OTC Pink: MFBP), the parent company of M&F Bank (“Bank”), announced unaudited financial results for the first quarter of 2021 today. James H. Sills III, President and CEO of the Company, commented, “The first quarter of 2021 was one of the best for the Company in many years. We are continuing to experience strong total asset and deposit growth. I am pleased to report that along with improved core earnings, the Company recently announced a $0.02 per share common stock cash dividend payable to shareholders in May 2021.
M&F Bancorp, Inc. Announces Cash Dividend
DURHAM, NC (April 28, 2021) — M&F Bancorp, Inc. (“Company”) (OTC Pink: MFBP), the parent company of M&F Bank (“Bank”), announced that its Board of Directors has declared a cash dividend on its common stock of $0.02 per share payable on May 19, 2021 to shareholders of record as of May 10, 2021. James A. Stewart, Chairman of the Board, stated, “We are pleased to announce this dividend based on improved Company performance. Like most banks, we have been watchful of the economic effects of the COVID-19 pandemic, and we are greatly relieved that the worst fears of economic crisis were not realized.” The Company is a bank holding company headquartered in Durham, NC with assets of approximately $309 million as of December 31, 2020. The Bank is a state-chartered commercial bank founded in 1907, and has operated continuously since 1908. With branch locations in Durham, Raleigh, Charlotte, Greensboro and Winston-Salem, NC, M&F Bank is one of only a few NC banks designated by the U.S. Treasury as a Community Development Financial Institution.
