Broadway Federal Bank

Broadway Federal Bank  is the leading community-oriented savings bank in Southern California serving low to moderate income communities. The bank traces its origin to Broadway Federal Savings & Loan Ass, which was founded in 1946 by a group of civic minded men & women, including H.A. Howard, a real estate broker, Dr. H. Claude Hudson, a dentist & community leader, & Paul R. Williams, a noted architect. These leaders had identified the need for conventional loans to minority consumers, many of whom were returning veterans. They observed that minority consumers were being ignored by the then existing financial institutions, & loans, if available at all, carried high interest rates. Wayne Kent A. Bradshaw is the President & CEO.