In the world of banking, two of the oldest Black-owned entities are hoping to prove just that by orchestrating a merger that would create the single largest Black-owned bank when it comes to assets. Based on the official press release made public last week, parent companies Optus Financial Corporation and M&F Bancorp Inc. are now awaiting approval from shareholders of the latter and a set of required regulatory approvals as well. The announcement comes at a pivotal time as Optus Bank prepares to celebrate 105 years of “Banking on Communities” this October. United by a shared vision and purpose, the two organizations are well-positioned to expand economic mobility and community impact.” Two Black-Owned Banks Uniting To Form A Historic Merger was originally published on blackamericaweb.com