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John Allen, Executive Vice President and Chief Banking Officer at Broadway Financial Corporation, will resign from the company effective December 31, 2026. The departure was agreed upon by the company and Mr.
Allen on September 28, 2026, as disclosed in a Form 8-K filed with the U.S. Securities and Exchange Commission. Broadway Financial Corporation expects Mr.
Allen to remain with the firm in a transition capacity through the end of the year.
The company stated it will evaluate the structure, scope, and responsibilities of the position to ensure its leadership structure continues to support the execution of its strategic priorities.
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