Broadway Federal Bank
Broadway Federal Bank was a community focused bank founded in 1946 and based in Los Angeles. As of 2020, it had three traditional branches and one loan production office.
| Company type | Public |
|---|---|
Traded as | Nasdaq: BYFC |
| Industry | Banking |
| Founded | 1946 |
| Defunct | 2020 |
| Headquarters | Los Angeles, California, US |
Key people |
|
Number of employees | 65 |
| Website | www |
It was the last remaining traditionally black-community oriented bank headquartered west of Dallas.
On August 26, 2020, its parent company, Broadway Financial Corporation, announced a merger with DC-based City First Bank to form the largest Black-led financial institution in the US, with over a billion dollars in assets.
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