Open Bank

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1000 Wilshire Blvd Ste 100
Los Angeles, CA 90017
First Standard Bank is a full-service commercial bank that offers a range of personal and business banking services for residential and industrial clients. It is chartered by the state of California and provides a variety of deposit services that are insured by the Federal Deposit Insurance Corporation. Founded in 2005, the bank offers telephone and Internet banking services, as well as operates several ATMs that enable clients to access account balance, funds transfer and bill payments. It provides checking, savings and money market accounts and certificates of deposit. First Standard Bank offers construction, commercial real estate, and business term, equipment and acquisition loans. Additionally it maintains online loan, savings, mortgage and retirement calculators.

Reviews

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1.524 reviews
Johnnie O.
7/11/2025

I discovered Openbank when their yield was 4.75%, and questioned if they were legit. They are. I started looking because rates on other accounts were much lower and steadily going down. I decided...

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Curtis I.
8/11/2025

Please never ever bank with this organization, they are rude, racist, and totally unprofessional, at every location i've been too, the staff is very rude, unhelpful and will talk bad about you to...

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Lyle M.
3/19/2025

I just signed up for the guaranteed 4.40% interest rate Savings Account Online. The setup was easy, but did take some time, I then initiated a transfer into the account and I'm waiting to see how...

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Joe H.
7/22/2025

Open Bank is lowering the interest rates they pay on savings account "due to market conditions". Huh??? The Fed's not lowering interest rates AT ALL. Ditto mortgage companies. What "market...

Jamye F.
9/8/2025

What a nightmare. They blocked my account for 3 months, and I couldn't close my account or access my money. Months of weekly calls with almost every single person telling me something different....

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