Kaiser Federal Bank
Kaiser Federal Bank is a small bank headquartered in Covina, CA. The bank operates 10 branches in 1 state (California). Kaiser Federal Bank has deposits of $596.9 million, and was established in November 1953.
This bank is FDIC insured - all deposits are protected for up to $250,000. Products offered by the bank include: Fixed CD, CD Special, Basic Savings and Money Maximizer.
Current Kaiser Federal Bank Rates
| Name | Term | APY | Min Deposit | |
| Fixed CD | 3 months | 0.20 % | $1,000 | |
| 6 months | 0.30 % | $1,000 | ||
| 1 year | 0.50 % | $1,000 | ||
| 2 years | 0.60 % | $1,000 | ||
| 3 years | 1.10 % | $1,000 | ||
| 5 years | 1.50 % | $1,000 | ||
| CD Special | 5 years | 2.05 % | $10,000 |
About Kaiser Federal Bank
Our institution was originally organized in 1953 as a credit union and was known as Kaiser Permanente Federal Credit Union (KPFCU). In 1999, the organization applied for a new charter as a mutual savings association. This was done to obtain more flexibility and ensure the institution's survival through sustained growth. The emphasis was placed on increasing loan volume because loans generate the income to cover the cost of other products and services, and to pay above average savings rates which bring in more deposits. More deposits provide growth and more loans, more products and more services.
Kaiser Federal Bank operates under a federal charter approved and regulated by the Office of Thrift Supervision (OTS). Its deposits are insured up to the applicable limit. The FDIC deposit insurance has increased to at least $250,000 per depositor, per insured bank, through December 31, 2013.* Deposit accounts covered by FDIC insurance include checking and savings accounts, money market deposit accounts and certificates of deposit (CDs).