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Broadway Financial Corporation Announces New Board Member

Core Points - Broadway Financial Corporation announced the appointment of Mary Hentges to its board of directors, effective March 5, 2025, increasing the board size to ten directors [1] - Ms. Hentges will serve on multiple committees including the Audit Committee, Risk and Compliance Committee, and Internal Asset Review Committee [1] - The appointment was recommended by the Corporate Governance Committee after a thorough review of candidates [2] Company Overview - Broadway Financial Corporation operates through its wholly-owned banking subsidiary, City First Bank, which focuses on serving low-to-moderate income communities in Southern California and Washington, D.C. [4] - City First Bank provides various commercial real estate loan products and services aimed at supporting affordable housing, small businesses, and nonprofit community facilities [5] Ms. Hentges' Background - Ms. Hentges has extensive experience in financial roles, including serving as CFO for companies such as PayPal, CBS Interactive, and Yapstone [3] - She has been an advisor for Jiko Group, Inc. since 2019 and has held interim CFO positions at Noom, Inc. and ShotSpotter [3] - Ms. Hentges holds a B.S. in Accounting from Arizona State University and currently serves on the boards of several organizations [3]