About Us

City First Bank of DC is a nationally chartered commercial bank with a mission to provide financial and other services in low- and moderate- income communities. City First Bank is Washington D.C.'s first bank solely dedicated to community development finance. Our mission is to support and strengthen underserved communities in Washington DC and the surrounding suburbs.

Our deposits are at work in low- and moderate- wealth communities financing high impact deals – deals that create or sustain jobs and provide vital community services. With year-end 2017 assets of $309 million, loans of $124 million, and deposits of $251 million, the bank targets neighborhoods east of 16th Street including far NE and SE Washington and other economically challenged suburban communities. We offer depositors both a superior return and the chance to put their money to work in the neighborhoods that need financing most. 

City First has been certified as a Community Development Financial Institution by the CDFI Fund of the U.S. Department of the Treasury, and has won seven rounds of authority under the New Markets Tax Credit Program totaling $543 million, including our recent 2016 award of $75 million.

City First Bank operates its sole branch in the historic U Street corridor at 1432 U Street, NW, Washington, DC and has a robust electronic delivery platform that allows its customers to bank from any location 24/7.

City First is an impact driven commercial community development finance provider principally comprised of a nationally chartered commercial bank:

  • City First Bank, which also manages the New Markets Tax Credit Program;

and several nonprofits:

related by common board members and management, operating as a unified organization with a focused vision, strategy, and management system. City First is headquartered in Washington, DC

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Community Impact

Community development is at the very heart of what we do.

CITY FIRST NEWS

B Corp Best For The World List Recognizes City First Bank Read more
Lisa Green Hall Joins City First Bank Board of Directors Read more
City First Bank Partners with SOLE Financial Read more
City First Bank Breaks Ground with DC Housing Finance Agency Read more
City First: DC's First B Corp Bank Read more

OUR MISSION