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17414 Carmenita Road Cerritos, CA 90703 562-345-9092 www.firstchoicebankca.com ![]() |
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First Choice Bank is headquartered in Cerritos and is the 115st largest bank in the state of California. It is also the 1,963rd largest bank in the nation. It was established in 2005 and as of December of 2012, it had grown to 43 employees at 2 locations. First Choice Bank has a 5-star health rating.
First Choice Bank Routing Number: 122243994
Related Posts
First Choice Bank continues to offer several very competitive CD rates. My last post on this bank was in December, and it's nice to see that the CD rates have remained the same. The best rates require ...
18 month (541 days+) 50k CD rate has dropped from 1.80 to 1.60 effective December 1, 2010
When I last reported on First Choice Bank , I focused on its short-term and mid-term CD rates. As long-term rates have fallen at other banks, First Choice Bank now has competitive long-term rates also ...
First Choice Bank continues to have competitive short-term and mid-term CD rates. The rates have fallen some since my previous posts, but the rates continue to be 10 to 25 basis points higher than wha ...
2010
- 9/7 - 1.75% 1-Year CD At First Choice Bank In The Suburbs Of Los Angeles (Forum)
- 8/5 - Top Short-Term CD Rates at First Choice Bank in Southern California - Local Only
2009
- 12/3 - 2.10% 12-Month CD at First Choice Bank in California - Local Only
- 9/14 - 2.38% 12-Month CD at First Choice Bank in California - Local Only
See Rates for: Checking | Savings | Money Market | CD
First Choice Bank Checking Account Rates
First Choice Bank Savings Account Rates
First Choice Bank Money Market Rates
First Choice Bank CD Rates
| Apy | Min | Max | Product | |
| 1.30% | $50k | $500k | 60 Month CD | |
| 1.30% | $50k | $500k | Business 60 Month CD | |
| 1.10% | $50k | $500k | 48 Month CD | |
| 1.10% | $50k | $500k | Business 48 Month CD | |
| 1.00% | $50k | $500k | 36 Month CD | |
| 1.00% | $50k | $500k | Business 36 Month CD | |
| 0.95% | $50k | $500k | 541-730 Day CD | |
| 0.95% | $50k | $500k | Business 541-730 Day CD | |
| 0.90% | $50k | $500k | 366-540 Day CD | |
| 0.90% | $50k | $500k | Business 366-540 Day CD | |
| 0.85% | $50k | $500k | 288-365 Day CD | |
| 0.85% | $50k | $500k | Business 288-365 Day CD | |
| 0.60% | $50k | $500k | 183-287 Day CD | |
| 0.60% | $50k | $500k | Business 183-287 Day CD | |
| 0.35% | $50k | $500k | 92-182 Day CD | |
| 0.35% | $50k | $500k | Business 92-182 Day CD | |
| 0.15% | $2,500 | - | 30-91 Day CD | |
| 0.15% | $2,500 | - | Business 30-91 Day CD | |
| 0.10% | $100k | - | 7-29 Day CD | |
| 0.10% | $100k | - | Business 7-29 Day CD |
Data for Q4 2012
Institution Statistics
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Institution Health
Overall Score:
5 out of 5
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First Choice Bank (So Calif) -- Very Nice Local Bank (At Least For CD Accounts)
- randomguy92 - Sunday, January 13, 2013 - 10:18 PMJust a quick post here. People rarely post when a bank does something good, and I thought First Choice Bank deserved a quick mention here. Note that this has to do only with a CD account, I have no idea what the bank is like with their checking or savings accounts.
My dad wanted to open a CD with them a few years ago, as at the time they were offering a CD with a good interest rate (among the highest). I drove my dad down to a branch (about 45 mins from where we live) but it was a few days later that we actually went down to the branch (if I remember right, it was the following Monday) by which time the rates had lowered. But.. the teller was very nice to my dad, and offered him something half way between the old rate and the newer (lower) rate -- something they surely didn't have to do, as it was the following week and the rates had dropped. But they met us halfway.
Then when it came time to close the CD recently, their rates had dropped somewhat, and there was a rate special going on at another institution, so my dad wanted to transfer the money to another institution. Because he didn't have a savings or checking account with them (only a CD account), ACH wasn't really a choice (also because of the amount), so a wire would have to be used. Normally they have a wire fee (I forget if it's $20 or $25 normally) -- but when my dad went to close the account, they actually waived the transfer fee for him, smiled, and were very friendly.
Now don't take this to mean this will happen for everyone (YMMV). But I just thought that was really nice of the bank to do -- on both occasions. We didn't have savings or checking with them (because their branches are kind of far for us) but whenever I called or went into the branch with my dad for the CD, they were always helpful, and really friendly.
Over the last few years they've had some good rates, and if they offer some good deals again, I won't hesitate to go back to them. If you live close to them, I think they're at least worth considering.
BAD,BAD,BAD,BAD,BAD,BAD,BAD,BAD,SERVICE.....
- eduvierick - Thursday, October 4, 2012 - 1:40 PMSERVICE this bank don't even know what service mean late,late,late,answers,and no explication at all...
Good Local Community Bank (At Least In Dealing With Cds)
- uh193 - Thursday, December 6, 2012 - 2:19 AMJust wanted to chime in. NOTE that this review is just a general one for the bank, as we've only had CD products with them (no checking, savings, or credit card accounts because they're a little far from where we live). So keep that in mind. But what we've seen so far, we've liked.
We have some funds at First Choice Bank, and we've been very happy with them. They're not our general banking bank because we don't live close by (we're about 30 minutes from any branch -- close enough to go for a CD there, but for practicality's sake, too far to do everyday banking there). So our experience has been just general experience with the bank staff, and with CDs. That said though, everything about the place seemed good. Once when I drove my dad up to open a CD for himself there, the rate had changed from what he was told over the phone the day before. Of course rates are subject to change without notice so the bank had every right to change the rate the next day, but the person at the bank offered to split the difference between the old (better) rate and the newer (lower) rate and give that to my dad, which I thought was very nice. The staff at the bank has always been friendly and knowledgeable. Very professional and friendly, a lot like, well, a community bank. Though their rates can vary, they've occasionally had some good CD rates available (why we've gone there) and truthfully, if they were closer to use, we'd at least consider them for regular banking. If you live near their branches (I think they only have a few; we've always gone to the Cerritos one), they're definitely worth checking out. They're certainly so much better than Wells Fargo or Chase or BofA.
Great Service, Great Bank!
- yellowT - Tuesday, November 13, 2012 - 1:55 PMI love this bank! I love the people who work at the Alhambra, Ca. office. They are considerate, generous, and very respectful of their clients.
Customers are considered partners in their success! No wonder they have successfully opened their Rowland Heights branch recently and will be opening their Anaheim branch soon!!! And these happening at a time when small community banks are supposedly having a hard time.
First Choice Bank is doing something that's surely right!
Offer Competitive Cd Rate And Low Banking Fees
- yanwendy - Friday, November 9, 2012 - 12:26 PMjust wanted to share that First Choice bank offers a wide variety of competitive CD rates,
low banking fees, very personalize and customer oriented services, and offers home loan mortgages as well,
just one stop and you can find all your banking need, no hassles......it's great!!!
Great Personalized Service
- schander52 - Friday, November 9, 2012 - 12:54 AMI have been banking with First Choice Bank for nearly four years. The great customer service thatI receive there every time makes me go back there again and again. I am greeted with a smile and my work is attended to promptly and courteously in a professional manner. The Bank offers very attractive rates on deposits and has recently started to offer Mortgage loans also. I recommend everyone to try this Bank. Great Bank, Great People to Work With! S Chander
Review-First Choice Bank
- RITAWU - Thursday, November 8, 2012 - 6:31 PMFirst choice bank offers competitive interest rate and excellent customer service. You can trust them. I never had any problems with this bank. I have recommended this bank to my friends. Everyone likes this bank’s service and rate.
Rita W
Review - First Choice Bank
- WinnieC - Thursday, November 8, 2012 - 6:03 PMFirst Choice Bank offers very competitive interest rates. I'm banking with their Alhambra Branch, their Manager as well as all other staffs are very friendly and their service is excellent.
WinnieC
Great And Friendly Bank
- HenryL - Thursday, November 8, 2012 - 5:20 PMFirst Choice Bank employees always provide good service whether in person or on the phone. They are always friendly and helpful. I have never had any problems or bad experiences with this bank. I love their fantastic interest rates for both CDs and money market accounts. I would recommend this bank to everyone.
Average User Rating:







My Best Choice
I am in business 15 Years, I deal With many bank in my past years, After all of my experience with different Bank, I am stay with First Choice bank, They have a very trustable business manner, excellent service, Everyone working in this bank, They care bout all the customer, I always go to Alhambra branch, Branch manager is Frances Lo (Tel: 626/300-8987 ) 407 W. Valley Blvd., Suite 1 Alhambra, CA 91803
First choice bank offer competitive interest rate and excellent customer service. First Choice Bank offer 1.49% interest rate for 60 months CD, early withdrawal penalty of the 60 months CD is 90 days interest. First Choice bank offer Deposit Remote Capture scanner for business customer making deposit any time and convenience, It is a good choice to working with First Chioce Bank.
Jennifer Lee