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Open Bank


Open Bank is an FDIC insured institution headquartered at 1000 Wilshire Blvd, Los Angeles, CA 90017.
It was founded in 2005 and has approximately $3 billion in assets. Customers can open an account at one of its 7 branches.

Deposit Rates - June 01, 2026

SAVINGS RATES APY MIN
Savings
0.10% $2,500 Compare
CD RATES APY MIN
6 Mo CD
0.30% $10,000 Compare
6 Mo CD
0.30% $100,000 Compare
12 Mo CD
0.40% $10,000 Compare
12 Mo CD
0.40% $100,000 Compare
18 Mo CD
0.75% $10,000 Compare
18 Mo CD
0.75% $100,000 Compare
24 Mo CD
0.75% $10,000 Compare
24 Mo CD
0.75% $100,000 Compare
MM RATES APY MIN
Money Market
0.10% $2,500 Compare
Money Market
0.10% $10,000 Compare
Money Market
0.10% $25,000 Compare
INT CHECKING RATES APY MIN
Int Ckg
0.10% $2,500




Overview 2026

General Bank Information

FDIC Insured Yes
FDIC Certificate # 57944
Date Established 2005
Assets $ 2.65 billion
Loans $ 2.18 billion
Deposits $ 2.28 billion
Capital $ 252.36 million

Summary Balance Sheet as of September 30, 2025

ASSETS
Cash & Balances due from depository institutions $ 167.42 million
Interest-bearing balances $ 156.51 million
Total securities $ 196.54 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 2.18 billion
Loan loss allowance $ 27.98 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 10.06 million
All other assets $ 63.92 million
     Total Assets $ 2.40 billion

LIABILITIES
Total deposits $ 2.28 billion
      Interest-bearing deposits $ 1,754.25 million
      Deposits held in domestic offices $ 2.28 billion
      % insured (estimated)" 52.35%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 23.34 millionn
      Total Liabilities $ 2.40 billion
      Shareholders’ Equity $ 252.36 million

Summary Income Statement as of September 30, 2025

INCOME AND EXPENSES
Total Interest Income $ 150.33 million
Total Interest Expense $ 71.70 million
Net interest income $ 78.63 million
Provision for loan and lease losses $ 3.58 million
Total non interest income $ 16.22 million
Total non interest expense $ 54.74 million
Pre-tax Net Operating Income $ 24.18 million

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