Broadway Federal Bank
Bank in Inglewood, CA
Broadway Federal Savings and Loan Association was established in 1946 by a group of civic minded women and men who had identified the need for conventional loans to minority consumers who were ignored by all of the existing financial institutions. Loans, if available at all, carried high interest rates and few if any jobs were to be had by returning veterans and other minorities. Broadway continues to fulfill the mission of delivering conventional loans and in delivering training for minorities desirous of entering the industry.
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Broadway Federal Bank
read moreBroadway Federal Bank is a community bank providing friendly and personal service. We're an equal opportunity employer with 61 full-time employees, three convenient branches, an administrative office and approximately $415 million in total assets as of September 30, 2019. Broadway Federal is a wholly owned subsidiary of Broadway Financial Corporation, a publicly traded company on the NASDAQ Small-Cap Market under the symbol "BYFC".
About Us
read moreBroadway Financial Corporation (the "Company") is a bank holding company based in Los Angeles, California that conducts its operations through its wholly-owned subsidiary, Broadway Federal Bank, f.s.b. (the "Bank" and collectively with the Company, "Broadway"), which is the leading community-oriented savings bank in Southern California serving low-to-moderate income communities. The Bank traces its origin to Broadway Federal Savings and Loan Association, which was founded in 1946 by a group of civic minded men and women, including H.A. Howard, a real estate broker, Dr. H. Claude Hudson, a dentist and community leader, and Paul R. Williams, a noted architect.
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