M&F Bank (Mechanics and Farmers Bank)

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About the business

Durham's Black-owned bank since 1907, a pillar of the old Black Wall Street

Description

Mechanics and Farmers Bank was founded in Durham in 1907 and grew alongside the Parrish Street business district known as Black Wall Street. Today M&F Bank is a CDFI offering personal and business banking, with its headquarters on Durham-Chapel Hill Boulevard and branches across North Carolina. In July 2026 it announced a merger with Columbia's Optus Bank, with M&F branches keeping their name for about two years after closing.

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