California First National Bank CD Rates and Review

February 3, 2013 3 Comments »
California First National Bank CD Rates and Review

CalFirst Bank, based out of Irvine, California, is an FDIC insured online bank that can accept deposits from consumers around the country.

They are both a relatively new and small community bank despite their capability of accepting deposits online from consumers in nearly every state. Since their inception in 2001, Cal First National Bank has grown to employee roughly 120 individuals as well as control nearly $360 million in assets. As of 2012, they have $264 million in consumer deposits and service a little over $275 million in loans. This makes them just out of reach for the top 100 banks located in California by asset size (Cal First comes in at the 105th spot).

We scoured the web looking for reviews of Cal First Bank’s service and found only a couple negative comments. Most of which involved a lack of customers service in returning voice and emails. They have an A+ rating on the BBB (Better Business Bureau) however, with no registered complaints received.

CD Rates offered through California First National Bank:

(Rates accurate as of February 2013.)

3 Months 0.40% 0.40%
6 Months 0.55% 0.55%
12 Months 0.95% 0.95%
24 Months 1.13% 1.14%
36 Months 1.24% 1.25%

* If you are opening one of these as IRA CD’s the minimum deposit required is just $2,000.

* Penalty will be imposed for early withdrawal.

How to Sign up Online:

Complete the online application form and click the submit button. They will then review your application, and if it’s approved, they will send you a new account opening kit via U.S. mail. Your kit will include a signature card for your review. Then just sign it and return it to us in the postage-paid envelope provided. You can also send them a check to open a deposit account.

Contact Info for CalFirst National Bank:


Phone Number: (800) 735-2465

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  • Lydia Reese

    Would like to speak to someone, please send a phone number I can call

  • BankVibe

    Lydia, their contact Info is now listed in the post.

  • Approve

    I have been banking with Cal First since 2001 when they opened. I have mostly just had checking accounts but occasionally deposits when rates were better. I have never had a problem with them and every time I needed a question answered I was able to speak to someone quickly. I would recommend.