Broadway Financial Corporation is a bank holding company that operates City First Bank, N.A. The institution provides commercial banking services to businesses, nonprofit organizations and individuals, including deposit accounts, commercial real estate lending, business loans, treasury management and other banking solutions.
The company traces its roots to Broadway Federal Bank, which was founded in 1946 to serve African American communities in Los Angeles. In 2021, Broadway Federal Bank combined with City First Bank, a community development financial institution based in Washington, D.C., creating a broader Black-led banking organization. The combined institution has focused on expanding access to capital and financial services in underserved communities.
City First Bank serves customers through its presence in the Los Angeles and Washington, D.C., markets, with an emphasis on small businesses, nonprofits, affordable housing and community development. Its activities are centered on relationship-based commercial banking and lending designed to support economic growth in historically underserved urban communities.
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