Is City First Bank NA FDIC insured?
City First Bank, National Association is an active, insured member of the Federal Deposit Insurance Corporation, providing full federal protection for consumer deposits. Under this federal backstop, eligible customer funds across standard account types—including checking accounts, savings portfolios, and certificates of deposit—are legally safeguarded against bank failure up to the statutory limit of two hundred fifty thousand dollars per depositor per ownership category. This government-backed guarantee ensures that account holders can deposit and manage their money with complete confidence, knowing their principal balances remain entirely secure under federal regulatory standards.
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No, Citic and CLSA are not the exact same entity, though CLSA operates as a wholly owned subsidiary of Citic Securities (part of the massive Chinese state-owned conglomerate CITIC Group).
City First Bank is widely recognized as a mission-driven commercial bank and certified community development financial institution focused heavily on supporting underserved urban communities, affordable housing projects, and minority-owned busines...
The CEO of City First Bank is Brian Argrett. He has served as the President and Chief Executive Officer since 2011.