D.C. banker poised to lead nation's biggest Black-run bank after merger
City First Bank of D.C. and CEO Brian Argrett entered 2021 with lofty goals. The $394 million-asset bank is in the homestretch of completing a merger with Broadway Financial in Los Angeles that would create the nation’s biggest Black-led bank. The deal, scheduled to close in the first half of this year, comes at a time when more banks are focusing on addressing racial inequality. Argrett is one of American Banker’s five community bankers to watch this year.