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M&F BankDurham's Mechanics & Farmers Bank is merging with Optus Bank of South Carolina in a roughly $105 million deal that would create the nation's largest Black-owned bank.
Durham's Mechanics & Farmers Bank is merging with Optus Bank of South Carolina in a roughly $105 million deal that would create the nation's largest Black-owned bank. The combined bank would have about $1.3 billion in assets and 10 branches, and the deal needs federal approval.
Around North Carolina · Today’s editionSource: The News & Observer