City First Bank Welcomes Justin Jennings as Chief Deposit Officer

In an exciting development for City First Bank, Broadway Financial Corporation has appointed Justin Jennings as the new Executive Vice President and Chief Deposit Officer. This strategic move, announced on October 20, 2025, aims to strengthen the bank's operations in Washington, D.C., and enhance its capability to facilitate community investments through effective treasury management and banking strategies. Jennings is set to take charge of deposit strategy, banking operations, and digital banking initiatives, all of which are vital areas for the bank's ongoing mission.

Having previously held the role of Executive Vice President, Operations Officer at Columbia Bank in Fair Lawn, NJ, Jennings brings a robust background in deposit operations, loan servicing, and customer service management. At Columbia Bank, he was instrumental in expanding the institution's market reach while fostering a commitment to community development. His experience there underscored the importance of aligning treasury management with long-term organizational goals and community impact, an ethos that resonates well with the vision of City First Bank.

Prior to his tenure at Columbia Bank, Jennings' impressive career continued at JPMorgan Chase & Co., where he served in numerous leadership positions over an extensive 17-year period. Notably, he was the Executive Director and Head of Treasury Services for Community Development Banking, overseeing a diverse portfolio that included real estate lending and financial institution collaborations. His successful track record in client services and market expansion positions him as an outstanding fit for City First Bank’s mission-driven strategy.

As he steps into his new role, Jennings expressed pride in joining an organization dedicated to uplifting underinvested communities. He stated, "I am honored to join a financial institution that is deeply committed to uplifting underinvested communities through mission-driven initiatives. I look forward to contributing to the continued success of City First Bank and advancing its impactful vision."

Brian Argrett, the President and CEO of City First Bank, echoed this sentiment, highlighting Jennings' experience in business process improvement and client service. According to Argrett, Jennings’ strategic mindset, strong relationship skills, and proven leadership will play a crucial role in achieving the bank’s objectives. "Justin's extensive experience in client services, business process improvement, and market expansion will be a significant asset to City First Bank," Argrett noted, further affirming the organization's commitment to community-focused banking.

In his new position, Jennings will focus on key priorities such as enhancing digital banking capabilities, optimizing treasury management, and fostering operational excellence—all aimed at improving the overall client experience. With his wealth of experience, Jennings is expected to lead initiatives that not only drive deposit growth but also support the bank's broader mission of community investment.

City First Bank is recognized for its commitment to social responsibility, offering a range of commercial loan products that empower small businesses and enhance affordable housing in underinvested neighborhoods. As part of the Community Development Financial Institution network, and also as a Certified B Corporation, City First Bank embodies a dedication to creating positive community impact. The community-focused approach is not just corporate rhetoric; it’s the foundation of every decision made at the bank, ensuring that the services provided are beneficial to those who need them most.

As Jennings steps into this pivotal role, stakeholders can anticipate progressive changes that align with City First Bank's objectives, further positioning it as a leader in community development banking. With a team led by seasoned professionals who are committed to transformative growth, City First Bank continues to pave the way for effective financial solutions in the heart of Washington, D.C., and beyond.

Topics Financial Services & Investing)

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