California First National Bank MMA Offers Best Rate in State
California First National Bank, in Irvine, is offering a 1.10% APY for its $10,000 high yield money market savings accounts. While the interest rate may not sound like much, it’s the highest $10K MMA rate among the top banks headquartered in California.
Currently the average APY nationwide for $10,000 MMAs is .925%, so it’s 19% above the national average. California First National Bank has a five star rating from Bankrate.com. CalFirst Bank is financially backed by its parent company, California First National Bancorp (NASDAQ: CFNB) and has been around since 1977.