Broadway Financial Corporation
This company won't quit 'til it's a star! Broadway Financial is the holding company for Broadway Federal Bank, a savings and loan that serves the low- and moderate-income minority neighborhoods of central and south central Los Angeles and nearby Inglewood. Through about a half-dozen branches and loan offices, the bank primarily originates multi-family (about 40% of its loan portfolio) and commercial real estate loans (another 40%). These loans are secured primarily by multi-family dwellings and properties used for business and religious purposes. Deposit products include CDs and savings, checking, money market, and NOW accounts.
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