Fundz

Ruth McCloud, Chief Operating Officer, Retires After 10 Years of Service, John A. Allen Joins City First Bank as Chief Banking Officer

PRIVATEJan 15, 2025

Position

Chief Banking Officer

Company

City First Bank

John A. Allen
jallen@cityfirstbank.com
Los AngelesFinancial ServicesFinanceLendingBanking

Description

Ruth McCloud, Chief Operating Officer, provided notice on January 13, 2025, that she will be retiring from City First Bank on March 31, 2025. Meanwhile, John A. Allen has joined City First Bank as Chief Banking Officer on January 13, 2025.

Quick answer

Ruth McCloud, Chief Operating Officer, Retires After 10 Years of Service, John A. Allen Joins City First Bank as Chief Banking Officer (January 15, 2025). City First Bank is based in Los Angeles, California, United States.

What did City First Bank announce on January 15, 2025?
Ruth McCloud, Chief Operating Officer, provided notice on January 13, 2025, that she will be retiring from City First Bank on March 31, 2025. Meanwhile, John A. Allen has joined City First Bank as Chief Banking Officer on January 13, 2025.
What does City First Bank do?
City First Bank offers a variety of commercial real estate loan products, services, and depository accounts that support investments in affordable housing, small businesses, and nonprofit community facilities located...
Where is City First Bank based?
City First Bank is based in Los Angeles, California, United States.
Which similar companies made leadership changes around the same time?
F&M Trust (January 15, 2025), KeyBanc Capital Markets (January 15, 2025), t’order (January 15, 2025) and Orrstown Financial Services (January 17, 2025) also announced leadership changes within 45 days of City First Bank.

Source: Fundz verified event record.

Other recent leadership changes in Financial Services and Finance

Executive moves at companies in the same sectors within 45 days, from Fundz verified event records.

Who to call at City First Bank, and when

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Company Information

Company

City First Bank

Location

Los Angeles, California, United States

About

City First Bank offers a variety of commercial real estate loan products, services, and depository accounts that support investments in affordable housing, small businesses, and nonprofit community facilities located within low-to-moderate income neighborhoods. City First Bank is a Community Development Financial Institution, Minority Depository Institution, Certified B Corp, and a member of the Global Alliance of Banking on Values. Stockholders, analysts, and others seeking information about the Company are invited to write to: Broadway Financial Corporation, Investor Relations, 4601 Wilshire Boulevard, Suite 150, Los Angeles, CA 90010 or contact Investor Relations at the phone number or email address below.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.