M & F Corporation owns and operates M and F Bank Company. The M and F Bank through its fully owned subsidiary, Merchants and Farmers Bank of Kosciusko in the states of Tennessee, Mississippi, Alabama and Florida engages in banking business. The M and F Bank offers a range of commercial and consumer services. The bank has two main branches in Kosciusko and within central and north Mississippi, which includes Brandon, Ackerman, Canton, Cleveland, Bruce, Clinton, Durant, Oxford, Pearl, Philadelphia, Southaven, Starkville, Ridgeland, and Tupelo. The M and F Bank also has banking locations in southwest Tennessee in Bells and Cordova.