Broadway financial corporation and cfbanc corporation complete merger of equals

Los angeles & washington--(business wire)--broadway financial corporation (“broadway") (nasdaq-cm: byfc) and cfbanc corporation (“cfb”) jointly announced that they closed their merger of equals today. as a result of the merger, broadway, with its wholly owned bank subsidiary, city first bank, national association (collectively, “cityfirstbroadway”) is the largest black-led minority depository institution (“mdi”) in the nation, with more than $1 billion in combined assets under management and ov
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