Broadway Financial Corp

NASDAQ:BYFC

Broadway Financial Corp. is a bank holding company, which offers personal, money market, checking and certificate of deposit accounts. The company is headquartered in Los Angeles, California and currently employs 78 full-time employees. The firm is engaged in the savings and loan business. The Bank is a community-oriented savings institution. The Bank's business consists of deposits from the general public and using such deposits, together with borrowings and other funds, to make mortgage loans secured by residential properties with over five or more units (multi-family); commercial real estate, and residential properties with one-to four-units (single family). The Bank operates through offices in Los Angeles and in the city of Inglewood, California. Its loan portfolio consists of mortgage loans, which are secured by multi family residential properties, single family residential properties and commercial real estate, including churches. Its deposits consist of savings accounts, checking accounts, negotiable order of withdrawal (NOW) accounts, money market accounts, and fixedterm certificates of deposit.