Second-oldest Black bank in U.S. receives $80M federal infusion to help small businesses
M&F Bank in Durham, North Carolina, got help from the Treasury, which cited the pandemic’s disproportionate impact. A 115-year-old bank founded at the turn of the 20th century to help African Americans navigate the tremendous challenges in their fight to participate in the U.S. economy is getting a much-needed cash infusion. Mechanics and Farmers Bank…
