Letter From Our President


We are City First Bank of DC, Washington’s only commercial bank solely dedicated to community development finance—a for-profit commercial bank with profits that are returned to the community.

Here’s what makes us different:

  • As a community development bank, City First’s mission begins and ends with the community. Our loans have made possible the creation of hundreds of new small business jobs, thousands of affordable housing units, and dozens of new charter schools and other nonprofits that provide important services to our community.

  • We work creatively with socially responsible investors, public agencies, and financial intermediaries to provide a double bottom line—helping depositors earn a superior return while their deposits go to work in neighborhoods in and around Washington, D.C. that need financing the most.

  • We’re small. We’re local. We’re strong and growing. While other banks may focus on larger deals, our specialty remains the deals that start small and grow big—for you, your business (including startups), your nonprofit, and your community.

  • We offer a full array of deposit products and services that alone or in combination can meet almost every need—for individuals, businesses, nonprofits and larger community efforts.

  • With a legal lending limit approaching $5 million, we create banking successes each year for small companies, nonprofits, social service agencies, charter schools, and real estate developers—especially those involved in developing or renovating affordable housing.

Everyone at City First shares a deep commitment to our mission, demonstrated in countless volunteer efforts throughout DC. Members of our staff are on the boards of organizations that promote small business and community development finance, including the Local Initiative Support Corporation, Washington Area Community Investment Fund, NEDCO, and the Community Development Bankers Association. You’ll also find City First staff members on the boards of numerous charter schools and other educational organizations. And each year, City First teams volunteer for community service projects like Rebuilding Together and Habitat for Humanity.

If you already bank with us, thank you for letting us meet your banking needs. If you don’t bank with us, come see us at our historic location in the bustling U Street corridor. Here you’ll experience banking with a local focus. And you’ll find new friends in the financial experts who are available every day to meet your needs.

We welcome an opportunity to serve you.

Sincerely,
 

Brian E. Argrett
President and Chief Executive Officer

 

Security Notice for Windows XP Users

As you may already know, on April 8, 2014 Microsoft will stop issuing security updates to Windows XP. This means that after April 8, 2014 there will be a substantial security risk to anyone using this operating system, since security vulnerabilities will no longer be patched. If you are currently using Windows XP please take note of this. Although this will not cause an interruption to any of the service we provide our customers, continued use of a computer utilizing Windows XP could place your devices and the information on them at serious risk. We encourage you to learn more about this upcoming cessation of service by Microsoft and to become informed on what you will need to do to secure your information.

To learn more we suggest you visit:Microsoft XP Support Ends at http://www.microsoft.com/en-us/windows/enterprise/end-of-support.aspx

LEAVING WEBSITE NOTICE
Please be aware that you are leaving www.cityfirstbank.com and will be redirected to a third party web site. City First Bank of DC has no control over information at any third party site accessed. City First Bank of DC makes no representation and is not responsible for the quality, content, nature, or reliability of any linked site. The inclusion of any link does not imply endorsement, investigation, verification or monitoring by City First Bank of DC. In no event shall City First Bank of DC be responsible for your use of a third party site.