Broadway Financial Corp. (BYFC) announced that U.S. Treasury has returned to it the warrant to purchase 183,175 shares of the company's common stock that was issued to the Treasury in conjunction with its purchase of the company's Senior Preferred Stock, Series D on November 14, 2008 under the Capital Purchase Program.
The company has been granted the exemption because of its certification by the Community Development Financial Institution Fund as a Community Development Financial Institution.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.