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| Broadway Federal Bank is participating in the Federal Deposit Insurance Corporation’s (FDIC) Transaction Account Guarantee Program. Under that program, through December 31, 2009, all non interest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC’s general deposit insurance rules. |
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Savings Accounts
Broadway Federal Bank offers a variety of savings options to fit your needs. Whether you’re just starting out or are looking to enhance your financial portfolio, we have an account to fit your needs. For over half a century, we've specialized in helping
people secure a sound financial future by providing products and services at competitive rates and excellent customer service. |
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Passbook Savings Account
Traditional savings account. A great way to start your savings plan. You have the choice of a monthly statement or passbook. |
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• $50.00 minimum to open
• Interest compounded daily |
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• Deposit and withdrawal flexibility
• Direct Deposit available |
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Anniversary Account
Special 60th Anniversary Account only available online. |
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• $1000 minimum to open
• Rate subject to change |
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• ATM Card |
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Money Market NOW Account
Account liquidity at a higher rate of interest than our Passbook Savings Account. |
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• $2500.00 minimum to open
• Interest compounded monthly
• Unlimited deposits |
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• Check access
• Direct Deposit available |
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NOW / Checking Accounts
At Broadway Federal Bank you have a choice of four checking plans to meet your individual needs. Each plan gives you
unlimited check writing with no per-check charges plus free access to your funds at any Broadway Federal Bank ATM.
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| Free Checking |
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• $10 minimum to open
• Open online or in branch
• ATM/Debit Card access |
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• Direct Deposit Available
• Free first order standard checks
• No monthly maintenance fee |
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| Non-Interest Bearing NOW Account |
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• $100.00 minimum to open
• A monthly service charge fee of $8, will be imposed
every statement cycle of the balance in the account
falls below $600, any day of the cycle. |
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• Unlimited Check writing |
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| Interest-Bearing NOW Account |
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• $100.00 minimum to open
• Unlimited check writing
• Account earns interest |
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• A monthly service charge fee of $11, will be imposed
every statement cycle of the balance in the account
falls below $700, any day of the cycle. |
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| Super NOW Account |
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• $2500.00 minimum to open
• Pays a higher rate of interest than Interest-Bearing
NOW Account |
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• Unlimited check writing |
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Non-Interest Bearing Gold Plus Checking Account
Receive all the benefits of a Gold Checking Account, plus: |
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• $100.00 minimum to open
• First order of Corporate Image checks at no charge |
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• No monthly service charge
• Unlimited Check writing |
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| Interest-Bearing NOW Account |
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• $100.00 minimum to open
• Unlimited check writing
• Account earns interest |
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• A monthly service charge fee of $11, will be imposed
every statement cycle of the balance in the account
falls below $700, any day of the cycle. |
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| Super NOW Account |
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• $2500.00 minimum to open
• Pays a higher rate of interest than Interest-Bearing
NOW Account |
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• Unlimited check writing |
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Senior Citizen Non-Interest Bearing NOW Account
A special program for Seniors age 59 or older with direct deposit of SSA or SSI. |
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• $100.00 minimum to open
• First order of Corporate Image checks at no charge |
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• No monthly service charge
• UnlimitedCheck writing |
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Gold Phone
With Broadway Federal's 24-hour Gold Phone automated account information and transaction system,
customers may: |
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• Obtain account balances
• Obtain a history of transactions
• Transfer funds |
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• Verify funds
• Make loan payments |
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Call (323) 935-2288 to reach our Gold Phone. To access your account information enter the last four digits of
the primary account holder's social security number as the security code, and your nine digit account number. |
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Certificates of Deposit
Broadway Federal Bank offers a variety of Certificates of Deposit providing you with a choice of terms ranging from
three months to six years. Broadway Federal Bank offers competitive rates and your deposit is insured by the FDIC
up to $100,000.00. |
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