Deals & AcquisitionsSource: abc11.com

    Mechanics & Farmers Bank plans merger with Optus Bank

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    Source: abc11.com

    Black-owned Mechanics & Farmers Bank plans to merge with South Carolina-based Optus Bank in a transaction expected to create the largest Black-owned bank in the United States. The deal would replace M&F’s 119-year-old name with Optus.

    • black-owned bank
    • merger
    • banking
    • black business
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