M&F Bank

M&F Bank

M&F Bank is the 2nd oldest minority-owned bank in the United States – 113 years old. M&F Bank is the only bank in North Carolina to receive CDFI (Community Development Financial Institution) designation and has maintained an outstanding CRA (Community Reinvestment Act) Rating with the FDIC for 25 years. The majority of all deposits are recycled back in the communities we serve.

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  • Online Services
  • Mobile Services
  • Mobile Check Deposit
  • Account with No Monthly Fee
  • Open Account Online
  • Business Accounts
  • Small Business Lending


  • Community impact analyzed by Mighty Deposits More information
  • Black-owned or led
  • Community Development Financial Institution (CDFI) More information

Dash Checking

  • Minimum to Open Account

  • Monthly Fee

  • Minimum Balance Requirement

  • Overdraft Fee

    Check protection available to cover accidental overdrafts
  • ATM Fee

    Refunded up to $15 per statement cycle

Other services or features

Smart Money Habits digital financial literacy program


Rates and fees are variable and often change. For the most up to date information, visit the institution’s website.

To see how this institution uses your money to lend in communities, visit their profile on Mighty Deposits.