Tag: black-owned banks
Sep
10
Two Banks Merge to Form the Largest Black-Owned Bank in the U.S. with More Than $1B in Assets
The CEOs of City First Bank in Washington, DC, and Broadway Federal Bank in Los Angeles have decided to merge to create the largest Black-owned bank and Black-led Minority Depository Institution (MDI) in the nation with more than $1 billion in combined assets under management and approximately $850 million in total depository institution assets.
