First Foundation Bank


Overview / Commentary
949-202-4100
18101 Von Karman Ave, 7th Floor
Irvine, CA 92612

First Foundation Bank is headquartered in Irvine and is the 21st largest bank in the state of California. It is also the 190th largest bank in the nation. It was established in 2007 and as of December of 2019, it had grown to 428 employees at 21 locations. First Foundation Bank's savings rates are 3X the national average, and it has an A health rating.

Related Posts

Rate Drop To 1.735% - 3/24/20 - 3/25/2020

Was just lowered about two weeks ago. Not pleased at all with any bank that chooses to lower their rate multiple times (little or no advance notice) in the same calendar month.

Grandfathered 2.20% APY Accounts Down To 2.00% Effective Today March 6, 2020 - 3/6/2020

Email: The Annual Percentage Yield (APY) on your Online Savings account is changing from 2.20% APY to 2.00% APY effective March 6, 2020. Despite this change, your account still stacks up very strongly against other popular online savings options: Your new rate: 2.00% APY Marcus: 1.70% APY Capital One: 1.70% APY Ally Bank: 1.60% APY We are committed to continuing to offer a highly competitive rate to help our clients grow their savings. Thank you for allowing us to serve you.

First Foundation Bank Online Savings APY Remains Competitive - 2/5/2020

First Foundation Bank's nationally available Online Savings account is currently earning 2.00% APY on balances between $1k and $3 million. Min opening deposit is $1k.

View all posts from:


Friendly & Helpful Customer Service

I opened a savings account here for the 2.00% instead of the 0.05% offered by my previous bank. I called customer service to have them walk me through opening the account and the person I spoke to was really nice and helpful. I had a particularly positive experience this week and wanted to share. Excited to actually earn something on my savings.

A Fine Bank

First Foundation has the Integrity other banks do not. Other banks offer attractive rates for new money and at the first sign of lower market rates drop the yield. Customers Bank comes to mind. They were offering 2.40% and dropped it to 1.95% after getting the new depositors aboard. FF feels an obligation to the new money depositors to maintain the 2.40%. I like that a lot. I closed Customers, Vio, Popular, Western, Salem5, Webank, EastBoston, United, My Savings, IGO, Ally and others that suck in new money and drop the trap door on rates.
You'll like this bank.

Great Rates. Great Service.

Opened a joint account online with me and my wife. App asked some pretty standard out-of-wallet questions, and I also had to upload a picture of our ID's. Was easily able to move funds in via ACH from Capital One from both Capital One's system and First Foundation Bank's. I also called into their help line, and every one was super nice and helpful.

Community Bank Service

Posted by: |

The people that work at First Foundation are wonderful. A breath of fresh air compared to citi. I saw a promotion for their savings account and couldn't pass up the rate. I had a lot of question so I called the 1-800 number. I was quickly transferd to an "actual" banker and he walked me through the process and answered all my questions. I'm all signed up and funded my account with the mobile deposit feature. I look forward to earning a decent rate on my savings.

VIEW MORE REVIEWS

Health

Health Grade Components

Overall
FDIC Certificate #58647
Year Established2007
Employees428
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.95%
Return on Equity - YTD9.9%
Annual Interest Income$253.7MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$6.30B$5.84B
LoansQ4 2019vs Q4 2018$5.03B$4.78B
DepositsQ4 2019vs Q4 2018$4.91B$4.55B
Equity CapitalQ4 2019vs Q4 2018$611.0MM$550.9MM
Loan Loss AllowanceQ4 2019vs Q4 2018$20.8MM$19.0MM
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$13.3MM$12.6MM
Real Estate OwnedQ4 2019vs Q4 2018$0$815.00K
  User-submitted Promotions & Notices

This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.

Rate Drop To 1.735% - 3/24/20

  |  
Was just lowered about two weeks ago. Not pleased at all with any bank that chooses to lower their rate multiple times (little or no advance notice) in the same calendar month.

Grandfathered 2.20% APY Accounts Down To 2.00% Effective Today March 6, 2020

  |  
Email:

The Annual Percentage Yield (APY) on your Online Savings account is changing from 2.20% APY to 2.00% APY effective March 6, 2020.

Despite this change, your account still stacks up very strongly against other popular online savings options:

Your new rate: 2.00% APY
Marcus: 1.70% APY
Capital One: 1.70% APY
Ally Bank: 1.60% APY

We are committed to continuing to offer a highly competitive rate to help our clients grow their savings. Thank you for allowing us to serve you.

Rates
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not First Foundation Bank; 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.

First Foundation Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.75%*$1k*$3mOnline Savings Account - New Money Only
OTHER TIERS: 0.10% Up to $1k
Locations

Availability

San Francisco Bay Area

Interactive local rates map


The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.