M&F Bancorp, headquartered in Durham, N.C., is the holding company for Mechanics and Farmers Bank. It is a state-chartered commercial bank, established in 1907 under the authority of a charter issued by the legislature of the state of North Carolina. The bank provides a wide range of services, including online banking, personal and business banking, financial literacy, and mortgage, wealth management and trust services. M&F Bancorp offers a variety of bank products, such as credit cards, commercial bank offering business and consumer loans, checking accounts, certificates of deposit, money market investment and savings accounts, and Internet banking. M&F Bancorp operates more than 10 branch offices throughout North Carolina.