B Impact Report

Logo for City First Bank

City First Bank

Banking Products and Financial Services
Certified Since: April, 2017
Location: Washington, District of Columbia, United States
Sector: Service with Minor Environmental Footprint

Overall B Impact Scoreinfo_outline

146.8

The B Impact Scores are being compared against all businesses that have completed the B Impact Assessment

As DC’s first community development financial institution bank (CDFI), City First’s mission begins and ends with the community. Their loans have made possible the creation of hundreds of new small businesses, thousands of jobs, thousands of affordable housing units, and dozens of new charter schools and other nonprofits that provide important services to their community. City First works creatively with socially responsible investors, public agencies, and financial intermediaries to provide a triple bottom line impact—helping depositors earn a superior return while their deposits go to work in neighborhoods in and around the Washington, DC region.

Projects of note include: Bread for the City, Capital Area Food Bank, Central Union Mission, Mary’s Center, N Street Village, THEARC, Atlas Theater, Tivoli Theater, Thurgood Marshall Academy, EL Haynes, DC Prep, Achievement Prep, Bright Beginnings, Ben’s Chili Bowl and small businesses in Union Kitchen, as well as critical permanent affordable housing buildings in gentrifying neighborhoods.

Impact Area Scoresinfo_outline