Business Banking - M&F Bank (2024)

Regular Checking

Provides convenience and security for partnerships, corporations, church organizations, and large proprietorships.

Economy Checking

Especially designed for any organization or business with low levels of checking account activity and offers reduced monthly service charges.

NOW Checking

A checking account with the income possibilities of a money market fund. Offered to sole proprietorships, nonprofits, governmental units, and funds held by a fiduciary.

Community Checking

Developed for nonprofit and civic organizations with simple financial needs. Avoid monthly maintenance fees with low minimum balance requirements.

Commercial Savings

This account offers maximum flexibility - earn interest and retain immediate access to your money.

Commercial Money Market

Earn interest at money market rates and provides you the ability to withdraw funds when necessary.

Certificate of Deposit (CD)

This investment account gives you the right combination of safety and flexibility while investing money.

Regular Checking

Provides convenience and security for partnerships, corporations, church organizations, and large proprietorships.

Economy Checking

Especially designed for any organization or business with low levels of checking account activity and offers reduced monthly service charges.

NOW Checking

A checking account with the income possibilities of a money market fund. Offered to sole proprietorships, nonprofits, governmental units, and funds held by a fiduciary.

Community Checking

Developed for nonprofit and civic organizations with simple financial needs. Avoid monthly maintenance fees with low minimum balance requirements.

Commercial Savings

This account offers maximum flexibility - earn interest and retain immediate access to your money.

Commercial Money Market

Earn interest at money market rates and provides you the ability to withdraw funds when necessary.

Certificate of Deposit (CD)

This investment account gives you the right combination of safety and flexibility while investing money.

ACH Origination

This external fund transfer service provides easy, convenient transfer options including:

Mobiliti Business

Our business mobile banking app provides the ease needed to manage your finances on the go. All you need is your M&F Bank business online banking username and password, and a mobile device that can download the app, access the web and has text messaging/SMS capability.

Positive Pay

Positive Pay is an automated fraud detection tool designed to identify fraudulent checks and presenters. This service will match account number, check number, and dollar amount of each check presented for payment against a list of check previously authorized and issued by your company.

Wire Transfer

A safe, fast, and convenient method to transfer money anywhere in the USA to and from your account. Wire transfers can be initiated online or at a branch office, and usually can be sent and received in the same business day.

Remote Deposit Capture

This service allows our business customers the convenience of depositing checks that your receive at your location, without ever having to come to the bank. Checks can be scanned to create a digital deposit. The digital deposit is then transmitted (over and encrypted internet connection) to M&F Bank, where we accept and post the deposit to your account.

Bill Pay

This option allows your to schedule onetime, variable or recurring electronic payments. You can set up, edit and view your payee list, and review your payment history. Reduces paperwork and costs.