Regional Bank: Broadway Financial Corporation (BYFC) (1946)

Broadway Financial Corporation (NASDAQ: BYFC) was founded in 1946 and is headquartered in Los Angeles, California. It has 61 full-time employees. It is a regional bank holding company in South Los Angeles and other places. Through holding Broadway Federal Bank, fsb, The United States mainly provides savings and loan services for African Americans and Hispanics.

Broadway Financial Corporation BYFC Logo

Broadway Financial (BYFC):

Broadway Financial Corporation through its holding bank-Broadway Federal Bank, FSB mainly provides savings and loan services for low-income depositors in Southern California, including savings accounts, checking accounts, NOW accounts, money market accounts and time deposit certificates; loan portfolio includes mortgages Loans, secured by multi-family residential properties; single-family homes; commercial real estate, including churches; and commercial enterprise, construction and consumer loans.

In addition, Broadway Financial also invests in securities issued by federal government agencies, mortgage-backed securities and other investments.

As of June 30, 2018, Broadway Financial Corporation had 3 branches in California, two in Los Angeles and one in Inglewood.

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