About Us

Vision
We envision a society in which every individual, family and community has the opportunity and access to capital and resources which allow them to improve their well-being and prosper. We believe the intentional, disciplined, and targeted provision of capital focused on positive social and economic impact creates, support and champions economic equity for underserved people and communities.

Mission
City First works to promote economic equity and opportunity by providing increased access to responsible capital and complementary financial services to underserved communities to ensure the long term well-being and resilience of individual, families and institutions.

Who We Are
City First is an impact-driven Community Development Financial Institution (CDFI) and nationally chartered depository bank and commercial lender serving low-and-moderate income communities in Washington, DC and surrounding region. City First is proud to be Washington DC’s first CDFI bank, and the first and only Certified B Corp bank since 2018. We are local pioneers with social justice origins founded by the community and for the community to address the lack of access to capital from decades of disinvestment and socio-economic discrimination.
City First also runs a robust New Markets Tax Credit Program (NMTC), a powerful community investment tool of the U.S. Department of the Treasury. City First is an eight-time awardee, with over $543 million deployed to 50 high-impact projects that support and strengthen nonprofit organizations providing critical social services throughout the Washington, DC region, Baltimore and Pennsylvania.
In addition the our NMTC program, City First manages several nonprofits, related by common board members and management, operating as a unified organization with a focused vision, strategy, and management system.
City First Enterprises, City First Homes and City First Foundation with a cumulative impact in excess of $1.3 billion in loans and NMTC investments (as of June 30, 2020), producing almost 10,000 units of affordable housing, 17,000 quality educational seats and over 20,000 new or retained jobs over the past twenty-five years.

City First Bank Year-end 2019
Assets $364,841,000
Loans $140,000,000
Deposits $275,239,000

City First is headquartered and operates its sole branch at the intersection of the historic 14th & U Street, NW in Washington, DC, and has a robust electronic delivery platform and mobile app that allow our customers to bank from anywhere 24/7.

LEAVING WEBSITE NOTICE
Please be aware that you are leaving www.cityfirstbank.com and will be redirected to a third party web site. City First Bank of DC has no control over information at any third party site accessed. City First Bank of DC makes no representation and is not responsible for the quality, content, nature, or reliability of any linked site. The inclusion of any link does not imply endorsement, investigation, verification or monitoring by City First Bank of DC. In no event shall City First Bank of DC be responsible for your use of a third party site.

Community Impact

Community development is at the very heart of what we do.

CITY FIRST NEWS

Business Wire: City First and Broadway announce merger agreem Read more
Penny Stocks: Trying To Find Penny Stocks To Buy Now? 3 Hitti Read more
The Washington Business Journal: City First Bank to merge wit Read more
The New York Times: Two Black-led banks merge to create a $1 Read more
Bloomberg: City First-Broadway Deal Will Create Biggest Black Read more

OUR MISSION