Savings

We’re not like every other bank. We are a for-profit bank, but we reinvest virtually all of our profits in our community development mission. 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.

At City First, we have a wide variety of interest-earning accounts to meet every organization’s needs. From money market accounts offering immediate liquidity to certificates of deposit that allow you to save for the long term, we have the right savings solution for your organization.

When you open an account with City First, you will receive all of the benefits that you would receive with any other bank plus a few others. We offer competitive interest rates and your money is guaranteed by the FDIC.  But with City First you get the added benefit of knowing that while your money is working for you, it is also working in the community helping to strengthen small businesses and community organizations, creating jobs, affordable housing and opportunities for others throughout the region.