Broadway Federal Bank
| Company type | Public |
|---|---|
| Nasdaq: BYFC | |
| Industry | Banking |
| Founded | 1946 |
| Defunct | 2020 |
| Headquarters | Los Angeles, California, US |
Key people |
|
Number of employees | 65 |
| Website | www |
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.
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.