Open Bank is a bank based in Los Angeles, California, established in 2005, with $2.7 billion in total assets across 17 branches. By Trust Grade it ranks 70th of 117 banks we track in California. Its capital ratio of 9.5% trails most similarly sized banks (35th percentile), versus a California median of 11.7%. It was profitable over the most recent period, with a 1.16% return on assets. No consumer complaints against Open Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Open Bank compares to California peers
How we graded Open Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (9.5% capital ratio)
- Strongly profitable (ROA 1.16%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Open Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (17)
- 1000 Wilshire Blvd, Los Angeles, CA 90017
- 3680 Wilshire Blvd, Los Angeles, CA 90010
- 5141 Beach Blvd, Buena Park, CA 90621
- 15435 S Western Ave, Gardena, CA 90249
- 747 E. 10th Street, #310 & 311, Los Angeles, CA 90021
- 3030 W Olympic Blvd, Los Angeles, CA 90006
- 550 S Western Ave, Los Angeles, CA 90020
- 2998 El Camino Real, Santa Clara, CA 95051
- 3405 188th St Sw, Lynnwood, WA 98037
- 2540 Old Denton Rd 314, Carrollton, TX 75006
- 11811 South St, Cerritos, CA 90703
- 3700 Crestwood Parkway Nw, Duluth, GA 30096
- 2821 S Parker Rd, Aurora, CO 80014
- 5599 Spring Mountain Rd, Las Vegas, NV 89146
- 14251 Firestone Blvd, La Mirada, CA 90638
- 4695 Chabot Dr, Pleasanton, CA 94588
- 9622 Garden Grove Blvd, Garden Grove, CA 92844
Are deposits at Open Bank insured?
Yes. Open Bank is an FDIC-insured bank (FDIC certificate #57944). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Open Bank: frequently asked questions
Is Open Bank a good bank?
Open Bank earns a Bankzia Trust Grade of A (96/100, "Excellent"), based on a financial-strength score of 96/100 (it has no CFPB complaints on record). Strongly capitalized (9.5% capital ratio); Strongly profitable (ROA 1.16%).
Is Open Bank FDIC-insured?
Yes. Open Bank is a FDIC-insured bank (FDIC certificate #57944). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Open Bank?
Open Bank holds $2.7 billion in total assets, ranking 70th of 117 banks we track in California. It operates 17 branches.
Does Open Bank have CFPB complaints?
No CFPB complaints against Open Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
