Broadway Financial Corporation operates City First Bank, a community development financial institution headquartered in Los Angeles that provides lending and deposit-taking services to underserved and low-to-moderate income communities across Southern California and the Washington, D.C. region. The bank generates revenue primarily through interest income on a diversified loan portfolio focused on multi-family residential properties, commercial real estate, construction loans, and business lending, funded by customer deposits and complemented by a securities portfolio of federal agency mortgage-backed securities, Treasury securities, and municipal bonds. As a public benefit corporation, the bank operates with a mission-driven focus to create social, economic, and environmental value while serving the general public, non-profit organizations, and municipalities in its markets.