Broadway Federal Bank

Reviews (4)

Been Dealing With Broadway Federal For Years!

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I have been dealing with Delmy Martinez at the Inglewood branch for at least 2 years. She always goes out her way to do a good job!

24 Month Rate

Posted by: |

I was offered 1.25% for their 24 month CD when I phoned 6/15/12.

Opened A Two Year CD Online.

Posted by: |

Opened a two-year CD online on 05/31/2010, at 2.51%.  I sent them a check on 06/08/2010 and it was received by 06/10/2010, but the rates dropped to 2%, then to 1.5% in the meantime for the two-year CD.  I was concerned about this, but since they guaranteed the rate to me, everything work out fine.  They answered the phone each time I called, which was two phone calls, and answered after 4-5 rings.  The customer service representative informed me that my rate at the time of opening the account was good for thirty days, which I got in writing, both in e-mail and regular mail.  I informed the service representative that I would write a positive review, because everything went great.  Of course, I appreciate the updates that this website has for the best rates at banks and credit unions.

Broadway Federal Bank Review

Posted by: |

I had a poor experience with this outfit last week.  Their 3.56% 6-year CD  attracted my attention so I called their LA office last Monday (6/710).  By the way, their phone system is just plain horrible as it takes several options to finally get a live person.  When I finally do get a person, whose name I'll omit, she states that the rate was still in effect.   I tell her that's great and I'll get my check and application (printed from their website)  in the mail immediately by priority mail.  I do so and it's postmarked that very day.  Two days later I get a call back from the same rep saying that the rate has dropped  over a full percentage point.  Obviously I no longer want the CD, but I inquire why I shouldn't get the promo due to the postmark on my application.  She had no good answer.  Long story short:  This bank wasted my time and is not user friendly.


PS needs to remove Broadway Federal from the  6+ year CD offers.  The 3.56% yield     is no longer available as of 6/8/10. 


Data as of Q4 2020

Data displayed below is for insuring bank: City First Bank of D.C., National Association
Learn why bank health matters

Health Grade Components

FDIC Certificate #30306
Year Established1947
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.04%
Return on Equity - YTD0.42%
Annual Interest Income$17.6MM
Assets and Liabilities
AssetsQ4 2020vs Q4 2019$481.6MM$438.0MM
LoansQ4 2020vs Q4 2019$360.1MM$397.8MM
DepositsQ4 2020vs Q4 2019$318.9MM$300.9MM
Equity CapitalQ4 2020vs Q4 2019$49.4MM$50.6MM
Loan Loss AllowanceQ4 2020vs Q4 2019$3.2MM$3.2MM
Unbacked Noncurrent LoansQ4 2020vs Q4 2019$787.00K$424.00K
Real Estate OwnedQ4 2020vs Q4 2019$0$0
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Always verify rates and promotions with the bank or credit union. We are not Broadway Federal Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Broadway Federal Bank Savings Account Rates

0.25%$50-Statement Savings Account
0.15%$1k-Business Savings

Broadway Federal Bank Money Market Rates

0.15%$25k-Business Money Market
0.10%$100k-Gold VIP Money Market
0.10%--Online Platinum Money Market

Broadway Federal Bank Checking Account Rates

0.15%*$2.5k*-High Yield Interest Checking
OTHER TIERS: 0.10% Up to $2.5k

Broadway Federal Bank CD Rates

0.50%--12 Month CD
0.40%--6 Month CD
0.30%--91 Day CD
0.10%$1k-12 Month Online CD

Broadway Federal Bank IRA Rates

0.50%--12 Month IRA
0.40%--6 Month IRA
0.30%--91 Day IRA

Broadway Federal Bank Locations
170 North Market Street Branch170 North Market StreetInglewood, CA 90301
South Figueroa Street Branch4001 South Figueroa StreetLos Angeles, CA 90037
Broadway Federal Bank, F.S.B.5055 Wilshire Boulevard, Ste 100Los Angeles, CA 90036
City First Bank, National Association1432 U St NwWashington, DC 20009

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.