California First National Bank: A National Bank

California First National Bank is an FDIC-insured national bank that continues to function as a subsidiary of California First National Bancorp. Together with its sister company, California First Leasing Corporation, the business provides a wide array of financial services. Compared to other financial companies, the business strongly underscores their usage of the latest technology to conduct their transactions.

The company works with companies, corporations, social organizations, individual depositors and even with educational institutes. In addition to the common banking services offered by the business, they also offer leasing and financing capital assets. California First National Bank specializes in financing high-technology capital assets. It was in 1977 that the business started and it continues to serve the entire state of California. It was reported that as of the end of their 2013 fiscal year, the company already has assets amounting to more than half a billion.

California First National Bank continues to take advantage of the power of the internet and their highly secured networks to provide superior banking experience. Because consumers no longer have to walk their way to a physical bank, they can do banking anytime they want to. The ultimate convenience and exceptional customer service remain to be the two selling points of the company. It is through the internet that the company gets to communicate with their customers. With this feature, they are giving their customers the mobility and ease of doing banking with them.

Because the company doesn’t operate a physical bank, they are able to save on the cost of operating one. This saving is then passed on to their consumers through lower interest rates in loans and financing services and higher rates on deposits and savings accounts. The rates offered by the business are much higher and lower compared to their competitors. It is in Irvine, California that the company holds its headquarters.