FirstBank California Exceeds a Quarter Billion Dollars in Deposits

Archive for April, 2011

FirstBank California Exceeds a Quarter Billion Dollars in Deposits

Monday, April 25th, 2011 | Comments Off

FirstBank California, with over a quarter billion dollars in deposits appears to be doing well, than you very much! It is part of FirstBank Holding Company, based in Colorado Reporting their 2011 first quarter financial results, the holding company says it has almost $10 billion, an increase of five percent from just 12 months ago. […]

Stay at Home Moms Now Have Credit Credit Application Problems

Saturday, April 23rd, 2011 | Comments Off

According to a report from U.S. News and World Report, one of the new results from the provisions of the Credit Card Accountability, Responsibility and Disclosure Act, which is that stay at home parents new face stiffer challenges getting a credit card. What was supposed to help American consumers is hurting them… Those new laws, […]

Consumers More Satisfied With Banks, Consumer Report Says

Saturday, April 23rd, 2011 | Comments Off

Consumer sentiment toward retail banks appears to have reversed its historical downward slide, increasing in 2011 for the first time since 2007, according to the J.D. Power and Associates 2011 U.S. Retail Banking Satisfaction Study released today.

First California Buys Palm Desert Bank Electronic Payment Division

Tuesday, April 12th, 2011 | Comments Off

First California Financial Group, parent of First California Bank, now owns the Electronic Payment Solutions division of Palm Desert National Bank, for $5.5 million in cash. Included in the transaction were Palm Desert’s customer base, core deposits, and employees. When last reported at the end of December, deposits were around $74 million, and revenues $3.3 […]

Retire Quicker? Here’s How …

Tuesday, April 5th, 2011 | Comments Off

Speed retirement – is it possible? Here’s video proof that trading can let you retire richer and faster. Take a few minutes and click here to see what this famous stock trader has been doing. Is Speed Retirement Possible? He’s got a 95% win rate on his trades, and his average profit per trade is […]

California Personal Finance, Low Risk, Low Return

Sunday, April 3rd, 2011 | Comments Off

Personal finance has always been a matter of making choices. Back in the 1960s there weren’t many choices. These days, there are sometimes too many choices. With choice, comes risk, and the biggest risk may be the risk of making a bad decision. Some finance choices are low risk. Some are high risk. Another key […]

California Bank Highest 1-year Money Market Rates Still Less than 1%

Saturday, April 2nd, 2011 | Comments Off

Money market rates from California banks are still exceedingly low. Our consumer banking reporters have found that these are the highest rates from CA banks which you can see are almost entirely less than 1%: California First National Bank 1.08% State Bank of India 1.00% OneWest Bank 0.90% OneUnited Bank 0.90% United Central Bank 0.85% […]

Federal Reserve Punishes Savers

Saturday, April 2nd, 2011 | Comments Off

With QE1 and QE2, the Federal Reserve has tried to stimulate jobs and put a floor beneath stock prices. Inflation is rearing its head, and corporations are showing profits and starting to hire a bit again, but after QE2 … then what? Most Americans are trying to save money now and pay down debts. Jobs […]

The California Tax Reform Initiative

Saturday, April 2nd, 2011 | Comments Off

Imagine that California eliminates most taxes that discourage commerce and productive enterprise in California … such as the sales tax, corporate tax and property tax. Such tax reform proposals are part of the Sec. of State initiative #1413, A.G. File No. 09-0051, which is the California Tax Reform Initiative now in circulation to try to […]

Archive for April, 2011