K. Michael Heidelberg

First M&F Corp. operates as a holding company. The company engages in banking business through its subsidiary Merchants and Farmers Bank of Kosciusko in the states of Mississippi, Tennessee, Alabama, and Florida. It provides personal, business and wealth management services. The Bank provides financial products and development services to certain targeted investment areas and populations. It also offers certain financial services which include variety of checking accounts, debit cards, automated teller machine access, an overdraft protection plan, money orders, official checks, check cashing services, safe deposit box services, internet banking and bill paying services, image checking statements, savings accounts, certificates of deposit, Individual Retirement Accounts, business checking, remote deposit capture/imaging services, treasury management services, ACH and direct deposit origination, sweep accounts, letters of credit, and secured and unsecured lines of credit with an emphasis on small business, consumer and agricultural loans. The Bank also offers development services which include financial and credit counseling to individuals to facilitate home ownership, promoting self-employment, providing counseling and assistance with Small Business Administration loan applications, enhancing consumer financial management skills, and technical assistance to borrowers to enhance their business planning, marketing and management skills. Wealth management and Trust services are offered through the Kosciusko and Madison offices in Mississippi and discount brokerage services are offered through the Madison and Tupelo offices in Mississippi. The company was founded in 1979 and is headquartered in Kosciusko, MS.