Wake Forest Bancorp, M.H.C.

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.

Founded in 1958, First Federal Bank is a locally owned and operated community bank. It offers business banking options that include commercial checking and savings accounts and business and mortgage loans, as well as cash and asset management; insurance plans and retirement solutions; and deposit certificates. The bank also offers interest and noninterest bearing legal trust accounts to attorneys with fiduciary responsibility over client funds. Through its personal banking segment, First Federal Bank also provides individual retirement, relationship advantage, youth savings, money market, Christmas club and senior checking accounts. In addition, the bank offers brokerage services and securities and investment products through its capital investment and financial services divisions. It also provides long-term care, Medicare supplement and life insurance coverage to individuals, families and groups. First Federal Bank maintains a branch location in Dunn, N.C.

Southern Bank is a banking and financial services corporation, with its headquarters in Mount Olive, North Carolina. The bank was founded in 1901 and has locations throughout North Carolina and Virginia.