Oak Grove
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Oak Grove, SC · Business
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M&F Bank shareholders approve Optus merger, rejecting a rival bid
A deal to merge North Carolina’s only Black-owned bank with a similar bank in South Carolina moved closer to reality this week. On Wednesday, shareholders of M&F Bancorp, the parent company of Durham-based Mechanics & Farmers Bank, approved a merger agreement with Optus Financial Corp., which is based in Columbia.
Charlotte, NC · 11h
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