City First Bank, N.A. merged on April 1st, 2021 with Broadway Federal Bank, f.s.b. to become the largest Black-led Minority Depository Institution (MDI) in the nation with over $1B in total assets, and over $700MM in total deposits to expand its reach, deepen its lending impact and fortify its mission to channel capital where it’s needed most, effectively using “finance as a force for good.”
City First Bank is proud to be a commercial Community Development Financial Institution (CDFI), Certified B Corp, held by a publicly traded Depository Institution Holding Company (Broadway Financial Corporation, NASDAQ: BYFC). Broadway Financial Corporation is also one of two publicly traded financial services companies that is a Public Benefit Corporation. City First Bank operates alongside several nonprofits as a unified family of organizations with a focused vision and strategy for supporting economic justice at scale: City First Enterprises, City First Homes, and City First Foundation.
City First is headquartered in Washington, DC and operates from three branches in Los Angeles and DC. Broadway Financial Corporation is headquartered in Los Angeles, CA. With a robust electronic delivery platform, featuring a global ATM network, mobile app and 24/7 customer care center, our customers can bank with ease from anywhere at any time.
See how our financial services can work for you and how your deposits can work for the community. Click below to see some of our notable impact investments:
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Community development is at the very heart of what we do.