Bank · FDIC insured
Open Bank
A $2.7B bank headquartered in Los Angeles, CA, with 12 branches in 3 states. Best rates: CDs 3.75% and savings 0.15% APY.
Open Bank Carrot Score
64
Carrot Score
Higher than 11% of U.S. banks and credit unions
#113 of 128 in Los Angeles, CA metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Open Bank
Open Bank is a faith-based commercial bank headquartered in Los Angeles, California, that began operations in 2005.
Originally established as First Standard Bank, the institution changed its name to Open Bank in October 2010 to focus on relationship banking.
The bank offers personal and commercial banking services, specializing in SBA 7(a) lending up to $5 million.
- Headquarters
- 1000 Wilshire Blvd, Los Angeles, CA 90017
- FDIC certificate
- 57944 ↗
Branches
12 branches in 3 states
Loading map…
California
10 branches
Los Angeles area · 9
- Open BankMain office1000 Wilshire Blvd, Los Angeles, CA 90017Directions
- Buena Park Branch5141 Beach Blvd, Buena Park, CA 90621Directions
- Cerritos Office Branch11811 South St, Cerritos, CA 90703Directions
- Garden Grove Branch9622 Garden Grove Blvd, Garden Grove, CA 92844Directions
- Gardena Branch15435 S Western Ave, Gardena, CA 90249Directions
- Aroma Branch3680 Wilshire Blvd, Los Angeles, CA 90010Directions
- Fashion District Branch747 E. 10th Street, #310 & 311, Los Angeles, CA 90021Directions
- Olympic Branch3030 W Olympic Blvd, Los Angeles, CA 90006Directions
- Western Branch550 S Western Ave, Los Angeles, CA 90020Directions
San Jose area · 1
- Santa Clara Branch2998 El Camino Real, Santa Clara, CA 95051Directions
Nevada
1 branch
- Spring Mountain Office Branch5599 Spring Mountain Rd, Las Vegas, NV 89146Directions
Texas
1 branch
- Carrollton Branch2540 Old Denton Rd 314, Carrollton, TX 75006Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 10.15% | 10.49% | 11.89% or more |
| Troubled loansNoncurrent | 2.09% | 0.52% | 0.23% or less |
| ProfitabilityReturn on assets | 1.20% | 1.25% | 1.62% or more |
| LendingLoans per $100 deposited | $96 | $88 | — |
- CapitalLeverage ratio10.15%Peers’ middle 10.49% · Top 25% 11.89%+
- Troubled loansNoncurrent2.09%Peers’ middle 0.52% · Top 25% ≤0.23%
- ProfitabilityReturn on assets1.20%Peers’ middle 1.25% · Top 25% 1.62%+
- LendingLoans per $100 deposited$96Peers’ middle $88
Compared with the 897 banks with $1 billion to $10 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of Open Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.