Broadway Federal Bank Email Format
BankingUnited States11-50 Employees
Broadway Federal Bank is a U.S. banking institution focused on serving minority communities with conventional loan products and related financial services. It also provides training opportunities for minorities seeking to enter the banking industry, reflecting a long-standing mission to broaden access to financial opportunities. In January 2021, the bank expanded its presence through the acquisition of City First Bank, a development that broadened its regional footprint. The institution traces its roots to Broadway Federal Savings and Loan Association, founded in 1946 by civic-minded leaders who identified gaps in conventional financing for minority borrowers. In 1995, it converted from a mutual savings and loan to a stock savings bank, with an initial public offering that raised close to $9 million.