Explore different ways to buy a car and the steps you can take to apply for a car loan.
Learn about the features, benefits, and functions of checking accounts.
Preventing Overdraft Fees
Learn about why overdraft fees occur and how they can be avoided.
Learn more about prepaid cards to see if they’re right for you.
Learn how credit cards work, what features to look for, and how to manage a credit card responsibly.
Mobile and Online Banking
Explore how to use online and mobile banking securely and effectively.
Financial Literacy Is Important For All
Real community banking means giving something back to the community. Since 1907, M&F Bank has helped people across North Carolina build financial success, and our Financial Literacy Initiative is just one more example.
Financial education fosters financial stability for individuals and for entire communities. The more people know about personal financial management, the more likely they are to increase savings, buy homes, and improve their overall financial health and well-being. Studies conducted by the Jump$tart Coalition for Personal Financial Literacy found that states with high numbers of adults declaring personal bankruptcy also have high numbers of 12th graders who are financially illiterate. In addition, a national survey commissioned by the Consumer Federation of America (CFA) and Financial Planning Association (FPA) indicates that less than one-half of Americans have developed a financial plan, while the number of people who worry about their personal finances has increased.