City First Bank
@cityfirstbank.com
City First Bank is a commercial community development bank, the largest Black-led Minority Depository Institution, and a certified as B Corp with branches and headquarters in Los Angeles, CA and Washington, DC; channeling intentional capital to low- and moderate-income neighborhoods; investing in multifamily affordable housing, nonprofits and small business development. We offer a unique platform for impact depositors and institutional investors to see value in strengthening LMI communities through the provision of capital. Member FDIC Equal Housing Lender NASDAQ: BYFC
City First Bank's Company Logos
City First Bank's Brand Colors
Hex Code
Color name
RGB
HSL
CMYK
#ABBB38
Earls Green
171, 187, 56
67, 54, 48
9, 0, 70, 27
#EEF4F8
Black Squeeze
238, 244, 248
204, 42, 95
4, 2, 0, 3
#0F5680
Atoll
15, 86, 128
202, 79, 28
88, 33, 0, 50
About City First Bank
City First is a brand that offers dynamic and coordinated financial solutions through its network of public, private, philanthropic, and community partners and affiliates. Together with its family of companies, including City First Enterprises, City First Homes, and City First Foundation, City First delivers a seamless lending and deposit platform with a focus on triple-bottom line results: people, planet, and profits, particularly in low-to-moderate-income communities. The brand's mission is to provide every individual and family with the opportunity and access to prosper.
By providing intentional capital and prioritizing beneficial results, City First works towards achieving economic equity. They reinforce their mission commitment through governance structures, designations, certifications, and a business strategy that puts customers and the community first. City First is a certified Community Development Financial Institution (CDFI) targeting low-to-moderate-income communities.
They have received an Outstanding Community Reinvestment Act (CRA) Rating and are a designated Black-led Minority Depository Institution (MDI). As a Public Benefit Corporation and a certified B Corp Best for the World™ for Customers, City First is dedicated to building a more equitable society. The brand's focus is on community building through commercial financing for affordable housing developers and investors, nonprofits, and small businesses.
They specifically target low- and moderate-income neighborhoods in Washington, D. C., Baltimore, and surrounding suburban communities, as well as various urban communities in California and communities of color. Through a recent merger with Broadway Federal Bank, City First has become the largest and first Black-led Minority Depository Institution, with over $1 billion in total assets and over $700 million in total deposits.
They are also an eight-time awardee with New Markets Tax Credit authority, financing impactful projects and channeling capital where it's most needed. City First Bank is a commercial Community Development Financial Institution, Certified B Corp, and a Public Benefit Corporation. With a strong focus on values-based banking, they are committed to making a positive impact in the communities they serve
Company type
Public Company
Year founded
1947
Company size
51-200 employees
Related Brands
Tags
Community development financial institution
Affordable housing lending
New Markets Tax Credit financing
Low-Income Housing Tax Credit financing
SBA-guaranteed loans
