California Bank & Trust

Deposits held and insured by Zions Bank

Reviews (7)

A Solid If Somewhat Uninspiring Mid-Sized California Bank

Posted by: |

I agree with the financial numbers and would give CB&T a 4 out of 5 rating.  I have had 2.5 years of relatively pain-free banking at their La Palma branch and can only find fault with the company for the lack of 'big bank' services such as foreign currency handling, more interesting service packages etc.

I have to say that they've been responsive when I had an issue (such as ridiculous hold time on a Citibank check written by my wife to an account that has always had thousands of dollars in it) and this keeps me there...along with a very solid balance sheet.

CB&T Azz Hats

From the title of my review you know where I stand so I will spare you the formalities. This bank holds every deposit, transfer, ACH, and any money transaction that is not payroll. Imagine on a massive scale of billions possibly trillions collecting intrest for a day. Massive free cash grab. Worse they are not open on weekends. So anything deposited, tranferred or moved in any way if done after 3pm on a Thursday is not available until Monday the next business day. Massive three day intrest grab. Free money.

Knowing that, do you think that they would see they have these monies being held in Zion limbo, they would hold anything hitting your accounts? If you believe that, you are as uninformed as I was when I opened this account.

Anything hitting the bank while you have money in Zion limbo will be promptly NSF and returned. You are charged as always for anything hitting that is not in your bank. My situation was this account was going to be my payroll deposit bank and bill pay. I'd move monies to and from other accounts paying bills.Then it happened. I received a check from my employer that was not normal payroll. It was larger. They froze my account. They allowed every bill pay to go unpaid and NSF everything incoming. They said the check was fraudulent and they wanted to discuss this with whomever wrote the check. I am employed by a real estate investment company. My boss is a billionaire. His check is not fraudulent. I had to contact him and he took time out of his busy day to discuss this with the closest location bank manager. The bank manager had to write a synopsis in his bank portal of his conversation and that he saw and was satisfied that my boss proved he wrote this check.

It gets better. All my NSF charges, all my dropped auto pays were explained away by the fact that I had frequent withdrawal activity that caused fraud alerts on my account. The activity was pulling cash from an atm at a casino. Its my money. They informed me a while back the DOJ/ Treasury Department enacted new guidelines for banks, that involve tracking, flow and behavioral activity in money expenditures of all bank clients. They stated I have placed more money in my account than I make. Therefore they are demanding a closure once my next cycle of autopays go through and they will close my account sending me a cashier check for the balnce in my account. They have also reported me as they're required by these new guidelines. I was told this today 12-7-23.

I have actually won a few jackpots in my immoral behavior at those moraly corrupt casinos, the devils playground. And I am now being punished by the Zionist Morality Board at CB&T! Soon to hear from our Uncle Sam. You know the hidden pedophile uncle in the corner.

Fedupshiznit!


P.S. there is not a minus rating because is rate. -5 stars

Unhappy Former Customer

Posted by: |

Poor customer service. This bank does not have the customers best interest at heart. Do not do business with this bank. It will be a bad long term decision.

CA Bank & Trust

The worst bank in the world.
The service is awful.

California Bank Called Police On My 90 Yr Mom

Posted by: |

Terrible bank.

Helping my mom with financial planning (she has been depositor before Calif Bank bought out Sumitomo total of 40 years). Informed branch manager and other officers of what we were going to do, just to avoid any misunderstanding. Transferring between two accts within CBT. Mom started getting calls questioning her transfers and she said everything is OK with her, then BOOM, mom get police at her door questioning her about suspicious transactions.

No help from their customer service department and branch deny's ANY calls to police. My mom is totally freaked out by having police come to her house.

This bank seems more interested in "their money" than working with long time customers.

Stay away from this bank.

Calbanktrust

This is the most unacceptable institution I've ever dealt with! They have no integrity at all. I mean, at all! They move money from multiple accounts without your knowledge and NEVER inform you they have done this! The fees, even if you have hundreds of thousands of dollars will not be waived (though it may their fault). No account support after 5:00 pm. No way to contact them after hours if emergency! I've had my card compromised several times within three months and would not have known unless I accessed online info. You will never receive a personal call from executive office if you contact them and request an investigation regarding your account because they blame the branch office when infact it's the entire corporation!
It is the worst; DO NOT USE THIS BANK…DO NOT USE THIS BANK…AGAIN, I CANNOT EMPHASIZE ENOUGH, THE WORST BANKING INSTITUTION EVER!

DO NOT DO BUSINESS WITH CALIFORNIA BANK AND TRUST!!!

Posted by: |

I am a respected Real Estate, Commercial and Business Broker in southern California.  Over the years I have referred several of my biggest clients to California Bank & Trust for their business needs.  My referrals were based upon CB & T's claim to giving sensitive, friendly, personal service to small and large business owners alike.  Not so any more!  In the last two years, three of my clients have had their business loans unexpectedly PULLED out from under them, even though they were all meeting their obligations.  CB & T almost destroyed one of those companies just when it was about to be given a $ multi-million contract from the Federal Government.  The reason?  They were "worried" because this small family-owned company had a decline in profits during the last two years --- no different from most other companies across the country during these tough economic times --- but it had survived and was just starting to flourish.  CB & T was heartless and merciless.  Fortunately, all three of those family-owned companies were eventually given "replacement" loans from other local banks that truly WERE responsive and friendly, and they are now all back on track --- no thanks to California Bank and Trust!  If you are trying to grow your company and need a bank that will work with you, BEWARE of Califronia Bank and Trust!   



Health
B+

Data as of Q1 2024

Data displayed below is for insuring bank: Zions Bank
Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #2270
Year Established1873
Employees9708
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.7%
Return on Equity - YTD10.62%
Annual Interest Income$1.06B
Assets and Liabilities
AssetsQ1 2024vs Q1 2023$87.06B$88.57B
LoansQ1 2024vs Q1 2023$57.42B$55.72B
DepositsQ1 2024vs Q1 2023$74.24B$69.21B
Equity CapitalQ1 2024vs Q1 2023$5.83B$5.18B
Loan Loss AllowanceQ1 2024vs Q1 2023$699.3MM$618.3MM
Unbacked Noncurrent LoansQ1 2024vs Q1 2023$239.4MM$157.2MM
Real Estate OwnedQ1 2024vs Q1 2023$6MM$1.7MM
Rates
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Always verify rates and promotions with the bank or credit union. We are not California Bank & Trust; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

California Bank & Trust Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.77%$0-Individual Development Account
0.17%*$100k*-Relationship Savings Account
OTHER TIERS: 0.15% $0 - $25k | 0.16% $25k - $100k
0.15%$0-Savings Account
0.15%$0-Young Savers
0.15%$0-Secured Visa Savings

California Bank & Trust Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.78%*$1m*-Relationship Money Market
OTHER TIERS: 0.76% $1k - $100k | 0.86% $100k - $250k | 1.27% $250k - $500k | 1.62% $500k - $1m
1.77%*$1m*-Money Market
OTHER TIERS: 0.75% $1k - $100k | 0.85% $100k - $250k | 1.26% $250k - $500k | 1.61% $500k - $1m
0.86%*$100k*-Relationship IRA Money Market
OTHER TIERS: 0.76% $0 - $100k
0.85%*$100k*-IRA Money Market
OTHER TIERS: 0.75% $0 - $100k

California Bank & Trust Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.01%$0-Anytime Interest Checking
0.01%$0-Premium Interest Checking

California Bank & Trust CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.00%$1k$100k6 Month CD
5.00%$1k$100kBusiness 6 Month CD
4.60%$1k-9 Month CD
4.60%$1k-Business 9 Month CD
0.70%$1k$100k60 Month CD
0.70%$1k$100kBusiness 60 Month CD
0.65%$1k$100k36 Month CD
0.65%$1k$100k48 Month CD
0.65%$1k$100kBusiness 36 Month CD
0.65%$1k$100kBusiness 48 Month CD
0.60%$1k$100k18 Month CD
0.60%$1k$100k24 Month CD
0.60%$1k$100kBusiness 18 Month CD
0.60%$1k$100kBusiness 24 Month CD
0.55%$1k$100k12 Month CD
0.55%$1k$100kBusiness 12 Month CD
0.05%$1k$100k7 Day CD
0.05%$1k$100k1 Month CD
0.05%$1k$100k3 Month CD
0.05%$1k$100kBusiness 7 Day CD
0.05%$1k$100kBusiness 1 Month CD
0.05%$1k$100kBusiness 3 Month CD
Locations

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