About Us

City First Bank of DC is a nationally chartered commercial bank with a mission to provide financial and other services in low- and moderate- income communities. City First Bank is Washington D.C.'s first bank solely dedicated to community development finance. Our mission is to support and strengthen underserved communities in Washington DC and the surrounding suburbs.

Our deposits are at work in low- and moderate- wealth communities financing high impact deals – deals that create or sustain jobs and provide vital community services. With year-end 2017 assets of $309 million, loans of $124 million, and deposits of $251 million, the bank targets neighborhoods east of 16th Street including far NE and SE Washington and other economically challenged suburban communities. We offer depositors both a superior return and the chance to put their money to work in the neighborhoods that need financing most. 

City First has been certified as a Community Development Financial Institution by the CDFI Fund of the U.S. Department of the Treasury, and has won seven rounds of authority under the New Markets Tax Credit Program totaling $543 million, including our recent 2016 award of $75 million.

City First Bank operates its sole branch in the historic U Street corridor at 1432 U Street, NW, Washington, DC and has a robust electronic delivery platform that allows its customers to bank from any location 24/7.

City First is an impact driven commercial community development finance provider principally comprised of a nationally chartered commercial bank:

  • City First Bank, which also manages the New Markets Tax Credit Program;

and several nonprofits:

related by common board members and management, operating as a unified organization with a focused vision, strategy, and management system. City First is headquartered in Washington, DC

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.


CEO Statement - Civil Unrest Read more
COVID19 Operational and Funding Updates Read more
COVID19 Emergency Funding Alert Read more
Annie Donovan Joins City First Bank Board of Directors Read more