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Broadway Federal Bank: Doing Good by Doing Well in Los Angeles

In this short video, Wayne Bradshaw, CEO of Broadway Federal Bank, talks about the history of Broadway, which was founded in 1946 as a black-owned institution serving a community that was long shut out of conventional mortgage lending, and how the bank is succeeding today by serving a broader low- to moderate-income market in high-cost Los Angeles. Broadway's ability to tap into a reliable source of competitively-priced funding as a member of the Federal Home Loan Bank of San Francisco helps this local lender execute a business strategy with a particular focus on lending for multi-family housing, and one that addresses the chronic need for affordable housing in the region.

Click on the image above to view the video.