City First currently offers commercial real estate loans for purchases, renovation and new
construction; term loans for equipment purchases, refinancing, business expansion and growth; lines
of credit for general operating needs; government contract lines of credit; SBA-guaranteed loans;
standby letters of credit; and a diverse array of deposit products to promote savings in the
communities it serves.
Depositors and investors allow City First to leverage its capital
to provide loans to creditworthy households and businesses that need a lender dedicated to managing
the risk of community development lending in a way that will expand and enhance Washington, DC as a
place to work and live.
Development First Deposit is designed for the depositor
dedicated to helping develop the most distressed communities of DCís neighborhoods.
Market Rate Depositearns a competitive rate while assisting low-and moderate-income
communities. City First offers checking, money market, and savings accounts and certificates of
Young Savers Program was designed to teach children the value of saving
and planning for their future. For a minimum of $10, a parent can open an interest-earning savings
account with no service charges.
Investments by individuals, as well as institutions such
as Calvert Foundation, provide the loan capital for City First.