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M&F Bancorp, Inc. Announces Second Quarter 2022 Results and Quarterly Cash Dividend

August 3, 2022 – 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 second quarter of 2022 and a quarterly cash common dividend of $0.03 per share.

James H. Sills III, President and CEO of the Company, commented, “We are pleased with the financial results through the first six months of the year. All of our metrics, ratios and total asset growth numbers continue to improve. At the end of the second quarter, we were extremely pleased to receive $80 million in new capital from the U.S. Treasury Emergency Capital Investment Program…

M&F Bancorp, Inc. Receives $80 Million in New Capital Investment Funds

DURHAM, N.C., June 22, 2022

M&F Bancorp, Inc. (the “Company”), parent company of M&F Bank (the “Bank”), the second-oldest African American-owned bank in the United States, announced today that it has successfully closed on a $80 million investment from the U.S. Treasury as part of the Emergency Capital Investment Program (“ECIP”).

DURHAM, N.C., June 22, 2022

M&F Bancorp, Inc. (the “Company”), parent company of M&F Bank (the “Bank”), the second-oldest African American-owned bank in the United States, announced today that it has successfully closed on a $80 million investment from the U.S. Treasury as part of the Emergency Capital Investment Program (“ECIP”).

M&F Bank Enhances Customer Experience

DURHAM, N.C.– April 25, 2022 –M&F Bank, the second-oldest African American-owned bank in the nation, today announced three new, independent collaborations with Zelle®, Fiserv. and JPMorgan Chase. The relationships deliver enhanced customer benefits by creating increased convenience and connectivity for thousands of customers.

DURHAM, N.C., April 25, 2022

M&F Bank, the second-oldest African American-owned bank in the nation, today announced three new, independent collaborations with Zelle®, Fiserv. and JPMorgan Chase. The relationships deliver enhanced customer benefits by creating increased convenience and connectivity for thousands of customers.

M&F Bancorp, Inc. Announces Record 2021 Results and Increased Quarterly Cash 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 fourth quarter of 2021 and a quarterly cash common dividend of $0.03 per share.

James H. Sills III, President and CEO of the Company, commented, “2021 was the best year in the history of the Company! We are extremely pleased that we exceeded net income, total assets, loan and deposit targets for the year. Additionally, 2021 marked four straight years…

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 fourth quarter of 2021 and a quarterly cash common dividend of $0.03 per share.

James H. Sills III, President and CEO of the Company, commented, “2021 was the best year in the history of the Company! We are extremely pleased that we exceeded net income, total assets, loan and deposit targets for the year. Additionally, 2021 marked four straight years…

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