Who Owns California Federal Bank? A Tale of Takeovers and Twists
California Federal Bank: A Brief History (Or at Least, What I Could Find)
So, you're wondering who owns California Federal Bank, huh? Well, buckle up, because this is a story filled with more twists and turns than a Hollywood blockbuster.
Once upon a time, there was a bank called California Federal Bank, or CalFed for short. It was the kind of bank that made dreams come true (or at least, that's what their commercials said). But alas, fairy tales don't always have happy endings.
The Big Kahuna: Citigroup
In the year 2002, a big, bad wolf (or rather, a big, powerful bank) called Citigroup came along and gobbled up CalFed. Yes, you heard that right. Citigroup, the financial behemoth, decided that CalFed was just too tasty to resist. And so, CalFed ceased to exist as an independent bank.
So, Who's the Boss Now?
To cut a long story short, Citigroup is the proud owner of what was once California Federal Bank. So, if you're looking to blame someone for your overdraft fees, you know who to point your finger at.
A Few Fun Facts
- CalFed used to be a big deal in California. Like, really big. People loved it. Or at least, they loved its commercials.
- The takeover by Citigroup was a major deal in the banking world. It was like when your favorite band breaks up and the lead singer goes solo.
- There's a good chance that if you have a Citibank account, you're actually banking with a former CalFed branch. Mind blown, right?
How to...
- How to find my nearest Citibank branch? Use Citibank's branch locator on their website or mobile app.
- How to check my Citibank account balance? Log in to your online banking or mobile banking app.
- How to transfer money between my Citibank accounts? Use the transfer feature on your online or mobile banking.
- How to dispute a Citibank charge? Contact Citibank's customer service and follow their dispute process.
- How to open a Citibank account? Visit a Citibank branch or apply online.