Durham’s M&F Bank to merge with SC-based Optus | Raleigh News & Observer

https://amp.newsobserver.com/news/business/article316616731.html

«M&F and Optus are also Community Development Financial Institutions that focus on lower-income and underserved communities. Last year, the U.S. Office of Management and Budget withheld grant money from CDFIs.

“Past awards may have made race a determinant of access to loan programs,” OMB noted in the White House’s 2026 discretionary budget proposals.»

(Link is paywalled with no gift option, sorry. If interest, I could probably rip it into markdown with Obsidian.)

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