about_about_tit-jpg

We are Open Bank, open to be your steward, to serve our clients, our employees, and our communities with faith-based principles… investing in our communities… and celebrating diversity.

Our story began on June 10, 2005, as First Standard Bank, a California state-chartered bank headquartered in Los Angeles, California. In October 2010, we changed our name to Open Bank with a new focus and vision on relationship banking.

We have a dynamic management team with experience and proven track records in the communities and unique market areas we serve.

The diversity of our experience and management styles helps to make our company strong and creates a good foundation for our continued growth. We recognize and utilize our individual strengths and together we create a synergy that drives our bank.

Our banking philosophy, work ethics, client service focus, and local community involvement are perfectly meshed with the priorities of Open Bank and we will continually strive to improve our products and delivery systems to meet the needs of our communities and business partners.

At Open Bank we pride ourselves on being different!


To be known as
a Faith-based Community Bank
focused on relationship banking

Deliver best in class client relationship management

Deliver top-tier shareholder returns among peer banks

Become an employer of choice by employees

Support the enhancement of our communities' quality of life

A Message from Our CEO

It gives me great pleasure to welcome you to our Open Bank website. These are challenging and exciting times at  Open Bank as we continue to be stewards to serve our new and existing clients to grow our relationship together.
Since we became Open Bank, we have strived to be different…we are a faith-based organization and have contributed ten percent of our profits to share with non-profit organizations throughout our communities to spread the fruits of our labor. As we continue to grow, our contribution to our communities will grow…hand-in-hand. I hope you enjoy our website and have time to visit our office locations to meet with our relationship officers and staff that are there to help you with your financial needs.

Sincerely,

Min Kim
President and Chief Executive Officer

A Message from Our CEO

It gives me great pleasure to welcome you to our Open Bank website. These are challenging and exciting times at  Open Bank as we continue to be stewards to serve our new and existing clients to grow our relationship together.
Since we became Open Bank, we have strived to be different…we are a faith-based organization and have contributed ten percent of our profits to share with non-profit organizations throughout our communities to spread the fruits of our labor. As we continue to grow, our contribution to our communities will grow…hand-in-hand. I hope you enjoy our website and have time to visit our office locations to meet with our relationship officers and staff that are there to help you with your financial needs.

Sincerely,

Min Kim
President and Chief Executive Officer

Milestones

2005. 06 2005. 06
2005.07 2005.07
2010.04 2010.04
2010.10 2010.10
2011.05 2011.05
2011.11 2011.11
2012.11 2012.11
2013.02 2013.02
2013.10 2013.10
2013.12 2013.12
2014.06 2014.06
2014.08 2014.08
2015.10 2015.10

2005. 06

First Standard Bank was born

2005.07

First Stock Trade – OTCBB

2010.04

New Management team led by Min Kim, CEO & President

2010.10

Born Again Open Bank

2011.05

New capital of $11.1 million

2011.11

Open Stewardship Foundation

2012.11

Fashion District Office Open

2013.02

Gardena Office Open

2013.10

Aroma Office Open

2013.12

Buena Park Office Open

2014.06

New capital of $30.0 million

2014.08

Olympic Office Open

2015.10

Western Office Open

{"dots":"true","arrows":"true","loop":"true","autoplay":"true","autoplayInterval":"3000","speed":"300","fade":"false","rtl":"false","nav_centermode":"true","slidetoshow":5}

Careers

Why Not Be a Part of the Open Bank Team?

Medical, Dental, & Vision

Company-Paid Life, AD&D, & LTD

401(k) Matching up to 6%

Education Reimbursement

Parking Provided

Employee Referrals

Dress Code

Weekly Company Provided Lunch

Employee Benefits & Perks

  • Medical, Dental, & Vision: Open Bank offers medical, dental, and vision insurance for all full-time employees and their immediate family members. Employees become eligible for insurance benefits on the first of the month following their hire date.
  • Life, Accidental Death & Dismemberment, & Long-Term Disability: Open Bank pays 100% of the cost.
  • Flexible Spending Account (FSA): Tax-advantaged FTSs are offered for employees to pay for eligible out-of-pocket expenses (health, dependent care, transit, and parking) with pre-tax dollars.
  • 401(k) Retirement Savings Plan: Open Bank matches 100% of the first 6% of employees' contributions. Employees are eligible to participate on the first of the month following 90 days of employment.
  • Employee Assistance Program (EAP): The EAP offers counseling sessions, online tools and resources, and legal and financial guidance for employees and their family.
  • Paid Time Off (PTO): Employees begin to accrue PTO hours at the time of hire to use for vacation, illness, or other personal reasons.