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City First Bank's Overview

Total employees113
HeadquartersWashington
Founded1947

CityFirstBank, now part of CityFirstBroadway following its merger with Broadway Financial Corporation, is a prominent Minority Depository Institution (MDI) and Community Development Financial Institution (CDFI). It is dedicated to driving economic growth and stability in underserved urban communities. The bank focuses on providing equitable access to capital through commercial real estate financing, small business loans, and financial services for individuals, nonprofits, and faith-based institutions, primarily in Washington D.C. and Los Angeles. Its mission is to foster wealth creation and community revitalization.

Where is City First Bank's Headquarters?

HQ Function

Serves as a primary operational hub, housing key executive functions, strategic planning, commercial lending operations, and community development initiatives for the D.C. region.

Notable Features:

Located in the historic U Street Corridor, reflecting its deep community roots. The building is designed to be accessible and welcoming to the community it serves.

Work Culture:

Mission-driven and collaborative, with a strong emphasis on community impact, ethical practices, and providing financial solutions that empower local residents and businesses. Employees are passionate about equitable economic development.

HQ Significance:

Represents CityFirstBank's long-standing commitment to Washington D.C.'s underserved communities and acts as a vital center for its East Coast operations and CDFI activities.

Values Reflected in HQ: Community empowerment, economic justice, financial inclusion, integrity, and service excellence are reflected in its location and operational focus.

Location:

CityFirstBank, as CityFirstBroadway, operates primarily within the United States, with a strong focus on Washington D.C. and Los Angeles. Its 'global' impact is indirect, through its commitment to fostering economic development that can serve as a model for similar initiatives worldwide and by potentially partnering with international development organizations for specific projects. Direct international branches or operations are not a current feature of its business model.

Street Address:

1432 U Street NW

City:

Washington

State/Province:

D.C.

Country:

USA

City First Bank's Global Presence

Los Angeles, CA, USA

Address: 5055 Wilshire Blvd, Suite 700, Los Angeles, CA 90036

To expand the bank's mission of economic empowerment and financial inclusion to underserved communities on the West Coast, leveraging Broadway Federal Bank's historical presence.

Washington, D.C., USA

Address: 1717 7th St NW, Washington, DC 20001

To provide accessible, personalized financial services and support to residents and businesses in a key D.C. neighborhood, fostering local economic activity.

Buying Intent Signals for City First Bank

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of City First Bank

As of April 2025, City First Bank' leadership includes:

Brian E. Argrett - President & Chief Executive Officer, CityFirstBroadway
Wayne-Kent A. Bradshaw - Chairman of the Board, CityFirstBroadway
Brenda A. Battey - Chief Financial Officer, CityFirstBroadway
Sonja R. Nelson - Chief Credit Officer, CityFirstBroadway

Investors of City First Bank

City First Bank has been backed by several prominent investors over the years, including:

Bank of America
Wells Fargo
JPMorgan Chase
AllianceBernstein
U.S. Department of the Treasury's CDFI Fund
Various Private Equity Firms (focused on social impact)
Individual Shareholders (CityFirstBroadway is publicly traded - BYFC)

Executive New Hires/Exits in the Last 12 Months

Hire1
Exits0

Recent executive activities primarily reflect the continued integration and strategic leadership following the CityFirstBank and Broadway Financial Corporation merger. Key appointments focus on strengthening specialized areas like community development and digital banking. (Note: Specific hires/exits can be fluid; below are illustrative based on typical activities for a bank of this nature and recent history).

New Appointments:

Chandler J. Howard, Chandler J. Howard appointed to the Board, enhancing governance and strategic oversight.

Technology (Tech Stack) used by City First Bank

Discover the tools City First Bank uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

City First Bank Email Formats and Examples

CityFirstBank (and CityFirstBroadway) typically utilizes common corporate email formats. The most prevalent format is the first initial followed by the last name.

flast@cityfirstbank.com (e.g., jdoe@cityfirstbank.com) or first.last@cityfirstbank.com (e.g. jane.doe@cityfirstbank.com)

Format

bargrett@cityfirstbank.com

Example

90%

Success rate

News and media

GlobeNewswireAugust 1, 2023

Broadway Financial Corporation Appoints Chandler J. Howard to Board of Directors

Broadway Financial Corporation (Nasdaq: BYFC), parent company of CityFirstBroadway, announced the appointment of Chandler J. Howard to its Board of Directors, effective August 1, 2023. Mr. Howard brings significant experience in the banking industry....more

PR NewswireApril 1, 2021

Broadway Financial Corporation and City First Bank Successfully Complete Transformational Merger of Equals

Broadway Financial Corporation and City First Bank, N.A. announced the successful completion of their merger of equals, creating the largest Black-led Minority Depository Institution (MDI) in the nation with more than $1 billion in combined assets under management and over $900 million in total depository institution assets....more

FDICFebruary 14, 2024

CityFirstBank Financials and Profile Update (FDIC Data)

According to the FDIC's latest institutional directory information (as of early 2024), City First Bank (Cert Number: 34698), part of CityFirstBroadway, continues its operations with a focus on commercial lending and community development. Publicly available FDIC data reflects its current financial standing and branch locations....more

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