Merger Leads to Largest Black-Led Bank in U.S.
Join us for episode 10 of the CitySCOPE podcast where Kate Cooney, faculty at the Yale School of Management, speaks with Brian Argrett, President & CEO of City First Bank and Vice Chairman of the Board of Directors of Broadway Financial Corporation. Topics include: the merger of City First and Broadway Financial to form the largest Black-led bank in the United States, the consolidation of the banking industry, the impact of the 2008 recession on Black-owned and Black-led banks, the history of disinvestment in Black communities and households in the United States, and the passion and creativity that go into creating quality financial products for low wealth communities. Take a listen!