WebSep 16, 2024 · Contacts. Investor Relations Brenda J. Battey, Chief Financial Officer, (323) 556-3264 [email protected] Media Relations Gloria Nauden, VP Marketing & Communications, (202 ... WebAug 26, 2024 · Broadway Financial in Los Angeles has agreed to buy CFBanc Corp. in Washington. The $491 million-asset Broadway will pay $38.1 million in stock to buy CFBanc, the parent of the $377 million-asset City First Bank of D.C., based on CFBanc's shares outstanding and Broadway's closing stock price on Aug. 24. The merger is …
City First Bank and Broadway Financial Corp. Merge To Create …
WebBroadway, City First and certain of their respective directors and executive officers may be deemed to be participants in the solicitation of proxies in respect of the proposed transaction. Information about the directors and executive officers of Broadway is set forth in Broadway’sproxy statement for its 2024 annual meeting of stockholders, WebAug 27, 2024 · 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 … csgocasetracker
Merger of two Black-led banks aims to help break a painful cycle
WebApr 11, 2024 · Immediately following this merger, Broadway Federal, a subsidiary of Broadway Financial Corporation, merged with and into City First Bank of D.C., National Association, with City First Bank of D.C ... WebAug 26, 2024 · The transaction, which is expected to close early next year, will leave Broadway stockholders with 52.5 percent ownership of the new company and City … WebCity First, with City First Bank being the surviving bank. At the closing of the merger, City First common shareholders will receive 13.626 shares of Broadway voting or nonvoting common stock for each share of City First voting or nonvoting common stock they own, respectively, resulting in the historic e46 mtech rear bumper