News at City First Bank of DC

 

City First Bank Taps John McCargo as VP, Portfolio ManagerRead more.
 
City First Bank Names Brian Argrett as CEORead more.
 

Protect yourself and your Online Banking Access ID and Password from unauthorized use.  Read more.

Chi M. Perrus joins City First Bank of DC.  Read more

CDFI Fund awards $70 million in New Markets Tax Credits to City First Bank.   Read more

CFB closes $20 million loan to expand the Capital Area Food Bank's Facility.  Read more.

CFB receives $5.8 million investment from the Community Development Capital Initiative.  Read more.

CFB touted as a supporter of small business during Vice President Joe Biden's business roundtable discussion at bank customer, Pete's New Haven Style Apizza. Read more.

More CFB news...

 

 

We See The Possibilities...

...that supporting and strengthening underserved communities in Washington, DC and the surrounding suburbs can create. 

City First Bank of DC is Washington D.C.’s first and only bank solely dedicated to community development finance. Our mission is to support and strengthen underserved communities in Washington DC and the surrounding suburbs. 

We offer our depositors both a superior return and the chance to put their money to work in the neighborhoods that need financing most. 

We go the extra mile to find the best solutions to finance affordable housing, homeless shelters, day care centers, faith based and non faith based social service agencies, non profit facilities and charter schools in those neighborhoods. 

We lend to small businesses with great ideas who don’t fit the conventional bank profile. 

City First is committed to helping all of our customers - institutional and individual - to achieve their full potential and reach their financial goals.   

City First is especially skilled in financing:

  • The acquisition  and renovation of residential properties for housing, particularly affordable housing,
  • Facilities and working capital for non profit and faith based organizations,
  • Operations, property acquisition, construction, and renovation, as well as equipment purchase and other needs for small businesses, and
  • Large complex real estate and business transactions involving the New Markets Tax Credit program.

This website is your entry to finding solutions to your financial needs. At City First Bank we see the possibilities...

 1432 U Street NW, Washington, DC 20009   |   (202) 243-7100   |   (202) 243-7197 fax  |   ©Copyright 2009 City First Bank of DC. All Rights Reserved.

 

   

     

   CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS

All funds in a "non-interest bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010 through December 31, 2012.  This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules.

The term "non-interest bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest and to Interest on Lawyers Trust Accounts (IOLTA).  It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts or money-market deposit accounts.

For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov

 

Login