City First Bank

About City First Bank

City First Bank is a mission-driven commercial bank focused on economic empowerment and community development, particularly in underinvested communities. The bank aims to support organizations and individuals with limited access to traditional finance by using banking as a tool for lasting community impact and resilience.

Products & Services

Commercial Banking Products:Includes checking, savings, lending, and treasury products tailored for businesses and organizations across various sectors.

Business Banking Products:Offers checking, savings, credit cards, and digital banking solutions for growing businesses.

Flexible Financing Solutions:Customized financing for businesses, nonprofits, and affordable housing developers, including term loans, commercial real estate loans, SBA-guaranteed loans, and green lending through the PACE program.

Digital Banking:24/7 online and mobile banking services, including mobile check deposit.

Zelle Services:Payment solutions for small businesses and consumers.

Specialties

Community Development Mission-Driven Banking Customized Financing Solutions Economic Empowerment in Underinvested Communities Sustainable Growth through Commercial Deposits

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: New Markets Tax Credit (NMTC) allocation T: - FT: New Markets Tax Credit (NMTC) allocation	A: 75000000 MR: - FA: $75 million FAN: 75000000	D: 2026-02-26 FD: 2026-02-26	1 investors

New Markets Tax Credit (NMTC) allocation Latest

2026-02-26

$75.0M

1 investor (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

B

Brian E. Argrett

President and Chief Executive Officer

J

John A. Allen

Executive Vice President & Chief Banking Officer

Z

Zack Ibrahim

Executive Vice President and Chief Financial Officer

W

W. Justin Jennings

Executive Vice President, Chief Deposit Officer

B

Brian F. Wagner

Executive Vice President, Chief Human Resources Officer

C

Cynthia Newell

Senior Vice President and Chief Impact Officer

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Recent News

City First Bank Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised