Personal Accounts

Savings Accounts

Broadway Federal Bank offers a variety of savings solutions to fit all your needs.  Whether you're just starting your savings plan or looking to enhance your financial portfolio, we have a variety of account options tailored to meet your needs. 


Statement Savings Account

0.25%APY


For more info, call 888.988.2265 or email onlinebanking@broadwayfederalbank.com


Read Disclosure

Annual Percentage Yields (APYs) accurate as of 05/04/2017 and are variable and subject to change without notice. Applicable fees may reduce earnings. Minimum balance required to earn disclosed APY. APYs and balance tier amounts associated with the end-of-day balance for the purpose of paying interest on a Statement Savings Account are: 0.00% APY on balances below $50.00; 0.25% APY on balances of $50.00 or more. Monthly service charge of $3.00 waived if you 1.) maintain a daily balance of $200.00 or more OR 2.) Primary accountholder is a minor (less than 18 years old).

Our Statement Savings Account features:

  • $50 Minimum to Open
  • $3 Monthly Service Charge
    • Waived with a daily balance of $200
  • Interest Compounded Daily
  • Deposit and Withdrawal Flexibility

Includes:

Account includes Online Banking

Online Banking

Account includes Mobile Banking

Mobile Banking

Account includes ATM Card

ATM Card


Regular Savings Account

0.40%APY


For more info, call 888.988.2265 or email onlinebanking@broadwayfederalbank.com


Read Disclosure

Annual Percentage Yields (APYs) accurate as of 05/04/2017 and are variable and subject to change without notice. Applicable fees may reduce earnings. Minimum balance required to earn disclosed APY. APYs and balance tier amounts associated with the end-of-day balance for the purpose of paying interest on a Savings Plus Account are: 0.25% APY on balances below $5,000.00; 0.40% APY on balances of $5,000.00 or more.

Our Savings Plus Account features:

  • $5000 Minimum to Open
  • Earns a Higher Rate of Interest
  • Interest Compounded Daily
  • No Monthly Service Charge

Includes:

Account includes Online Banking

Online Banking

Account includes Mobile Banking

Mobile Banking

Account includes ATM Card

ATM Card

Money Market Accounts

Looking for a high yield savings option while still having easy access to your funds?  A Broadway Federal Money Market account does just that.

Money Market Special

1.00%APY


Read Disclosure

Annual Percentage Yields (APYs) accurate as of 05/04/2017 and are variable and subject to change without notice. Applicable fees may reduce earnings. Minimum balance required to earn disclosed APY. APYs and balance tier amounts associated with the end-of-day balance for the purpose of paying interest on a Money Market Special Account are: 0.15% APY on balances below $25,000.00; 0.65% APY on balances of $25,000.00 to $99,999.99; 1.00% APY on balances of $100,000.00 or more. No Monthly Service Charge. New Money Only.


Apply Now


For more info, call 888.988.2265 or email onlinebanking@broadwayfederalbank.com

Our Money Market Special features:

  • $5,000 Minimum to Open
  • No Monthly Service Charge
  • Tiered Rate
  • Limited Check Writing

Includes:

Online Banking

Mobile Banking

Debit Card

Gold VIP Money Market

0.85%APY


Read Disclosure

Annual Percentage Yields (APYs) accurate as of 05/24/2017 and are variable and subject to change without notice. Applicable fees may reduce earnings. Minimum balance required to earn disclosed APY. APYs and balance tier amounts associated with the end-of-day balance for the purpose of paying interest on a Gold VIP Money Market are: 0.00% APY on balances below $100,000.00; 0.85% APY on balances of $100,000.00 or more.

Apply Now

Our Gold VIP Money Market features:

  • $100,000 Minimum to Open
  • No Monthly Service Charge
  • Tiered Rate
  • Limited Check Writing

Includes:

Online Banking

Mobile Banking

Debit Card

Checking Accounts

Whether just starting out, well established in life, or somewhere in between Broadway Federal has a range of checking accounts to meet your financial needs. Each account offers unlimited check writing with no per-check charges plus free access to your funds at any Broadway Federal Bank or MoneyPass ATM

Our Basic Checking features:

  • $50 Minimum to Open
  • No Monthly Service Charge
    • If enrolled in Online Banking AND
    • Enrolled to receive eStatements
    • Otherwise, $2 per statement cycle
  • Unlimited Check Writing
  • 24/7 access with online and mobile banking

Includes:

Online Banking

Mobile Banking

Debit Card

High Yield Interest Checking

0.15%APY


Read Disclosure

Annual Percentage Yields (APYs) accurate as of 05/04/2017 and are variable and subject to change without notice. Applicable fees may reduce earnings. Minimum balance required to earn disclosed APY. APYs and balance tier amounts associated with the end-of-day balance for the purpose of paying interest on a High Yield Interest Checking Account are: 0.10% APY on balances below $2,500.00; 0.15% APY on balances of $2,500.00 or more. Monthly service charge of $12.00 waived if you maintain a daily balance of $2,500.00 or more.


For more info, call 888.988.2265 or email onlinebanking@broadwayfederalbank.com

Our Checking with Interest features:

  • $2,500 Minimum to Open
  • Tiered Rate
  • A Monthly Service Charge of $12
    • Waived with Daily Balance of $2,500
  • Unlimited Check Writing
  • 24/7 access wtih online and mobile banking

Includes:

Online Banking

Mobile Banking

Debit Card

Certificate of Deposit Accounts (CDs)

Earn a Guaranteed Interest Rate

A certificate of deposit (CD) is a great fit when you don't need immediate access to your funds and want a steady rate of return. With CD laddering, you can stagger the maturity dates of several CDs, so you can maximize your returns and plan for access to your funds.

For those at any income level, Broadway Federal offers a Traditional IRA with tax-deferred earnings that also are tax-deductible for qualified individuals.

Promotional 13-Month CD

1.35%APY (13-month)


Read Disclosure

The Annual Percentage Yields (APY) are effective as of 08/09/2017 and are subject to change without prior notice until account opening. Rates apply to new accounts and may not apply to existing accounts. A penalty may be imposed for early withdrawal. Withdrawal of funds, early or upon maturity, by official check or wire is subject to current official check or outgoing wire fee. Fees may reduce earnings. IRS penalties may apply for early withdrawal from an IRA account, consult your tax advisor for more information. New Money Only.

Minimum Balance required to earn the advertised APY.

Apply for 13 Month


For more info, call 888.988.2265 or email onlinebanking@broadwayfederalbank.com

A rate you can bank on.

  • Available for 13-Month Term
  • $1,000 minimum to open

Includes:

Online Banking

Mobile Banking

Certificate of Deposit (CDs)

See table below


For more info, call 888.988.2265 or email onlinebanking@broadwayfederalbank.com

Our Certificate of Deposit Accounts feature:

  • Flexible terms from 91 days to five years, depending on the amount of opening deposit
  • Fixed interest rates
  • FDIC insured up to the permissible limit

Includes:

Online Banking

Mobile Banking

Term

Interest Rate

APY

91 Day

0.25%

0.25%

6 Month

0.50%

0.50%

12 Month

0.95%

0.95%

13 Month

1.34%

1.35%

18 Month Small Saver

1.00%

1.01%

24 Month

1.05%

1.06%

36 Month

1.15%

1.16%

48 Month

1.25%

1.26%

60 Month

1.45%

1.46%

72 Month

1.50%

1.51%

Disclosure

The Annual Percentage Yields (APY) are effective as of 08/01/2017 and are subject to change without prior notice until account opening. Rates apply to new accounts and may not apply to existing accounts. A penalty may be imposed for early withdrawal. Withdrawal of funds, early or upon maturity, by official check or wire is subject to current official check or outgoing wire fee. Fees may reduce earnings. IRS penalties may apply for early withdrawal from an IRA account, consult your tax advisor for more information.

Minimum Balance required to earn the advertised APY.