Community First National Bank was newly chartered in 2001 in response to the ownership change of several locally owned banks in the Manhattan market. It spent a great deal of time and put much thought into choosing its Community First name because it represents what it is all about; Community in the sense that it is locally owned and managed; that the owners and employees spend their money and keep their profits there; and Community in the sense of an old fashioned hometown bank where the bankers know clients and clients know the bankers on a personal basis.