Latest news with #FirstFoundation
Yahoo
30-05-2025
- Business
- Yahoo
First Foundation Bank review (2025): Personal and business banking with competitive online rates
Summary: First Foundation Bank (FFB) is a California-based bank that provides consumer and business banking products as well as private wealth management services. The bank was founded in 2008, though its roots date back to 1990 when it originally provided wealth management services to individuals and businesses in Orange County. Today, it operates a handful of branches in California, Florida, Hawaii, Nevada, and Texas and provides online accounts. First Foundation Bank offers three checking account options. Personal checking: The personal checking account requires a $100 minimum opening deposit, but there's no ongoing minimum balance required. There are also no monthly fees. However, this account does not earn interest. Personal interest checking: This interest-bearing checking account also requires a minimum opening deposit of $100. It comes with a monthly fee of $20, which can be waived by maintaining a minimum daily balance of $2,500. Senior interest checking: This interest-bearing account is designed for customers age 55 and older. There is no minimum balance required to avoid monthly fees or earn the highest rate. It also comes with free checks. First Foundation Bank reimburses ATM fees (nationwide) for checking account customers up to $20 per transaction. First Foundation Bank offers a variety of savings accounts tailored to meet different financial goals and preferences. Personal savings: This traditional savings account requires a minimum opening balance of $100. There is a $3 monthly maintenance fee, which can be waived by maintaining a minimum daily balance of $250 or more. Senior savings: This savings account for customers age 55 and older requires a minimum opening deposit of $100. It also charges a $3 monthly maintenance fee, which can be waived by maintaining a minimum daily balance of $250 or more. Online savings: The online savings account offers a competitive interest rate (4.25% APY as of May 2025) and has no monthly fee. It does, however, require a larger minimum opening deposit of $1,000. First Foundation offers personal and online money market accounts. Both accounts give you debit card and check writing access while earning a high yield on your balance. The online money market account has a 4.25% APY ($1,000 minimum deposit required), ranking it among the best money market accounts available today. Additionally, First Foundation Bank's money market accounts have no monthly maintenance fees. They also offer ATM fee reimbursements when using a debit card. First Foundation Bank offers various CDs, including two you can open online (four-month and 12-month terms). CDs require a $2,500 minimum deposit. Here's a look at the common fees you may incur as a First Foundation Bank customer: While this bank has some attractive offers, consider these pros and cons before opening an account. Pros Competitive interest rates on deposits: The yields on savings, CD, and money market accounts are among the best available today. Online accounts have no monthly fees: Several of this bank's accounts, including its online accounts, have no monthly fees. Generous ATM fee reimbursement: First Foundation reimburses up to $20 of ATM fees per transaction. There is no monthly limit on reimbursements. Cons Higher minimum deposit requirements: Several accounts have minimum opening deposit or monthly balance requirements to avoid the monthly maintenance fee. Limited branch access: FFB has 31 branches in California, Florida, Hawaii, Nevada, and Texas. Some of its products can only be opened in person. FFB has several contact methods. You can email the Digital Bank team with questions at newaccount@ Phone support is available Monday through Thursday from 5:00 a.m. to 8:00 p.m. PT, Friday from 5:00 a.m. to 6:00 p.m. PT, and Saturday from 6:00 a.m. to 2:30 p.m. PT. The contact number is 888-405-4332. First Foundation Bank's app has mostly positive reviews with a 4.1-star rating on the Google Play store and a 4.6-star rating on the Apple App Store. Many users say the app is easy to use and intuitive, while some report various technical issues. The app lets you get a quick glance at your accounts, view statements, transfer money, pay bills, and deposit checks. While banking apps often focus on banking activities, FBB's app also lets you link external accounts for budgeting purposes. First Foundation's corporate headquarters are located at the following address: 18101 Von Karman Ave., Suite 750 Irvine, CA 92612 For phone support, call 888-405-4332. Yes, First Foundation Bank is FDIC-insured up to $250,000 per depositor per ownership category. First Foundation Bank's routing number is 122287581. As an FDIC-insured bank, FFB is very safe. Your money is insured up to the allowable limit. Yes, First Foundation Bank is real. It is a California-based bank with physical locations in five states. First Foundation Bank is a relatively small bank. It has $12.6 billion in bank assets and $5.1 billion in advisory assets as of March 31, 2025. It has 562 employees and 31 branch locations.
Otago Daily Times
27-05-2025
- Otago Daily Times
Under-served to undeniable: here are NZ's greatest untapped assets
At the 2025 NZ Hi-Tech Awards are 2023 First Foundation Scholars Corbin Paterson, Liam Aumareva and Alista Mafileo with Sarah Ramsay (far left) and Amber Taylor (far right), of the NZ Hi-Tech Trust. Photo: supplied Recently I emceed a panel discussion about the work the NZ Hi-Tech Trust is doing with the First Foundation — providing scholarships to underprivileged kids. As I was preparing, I became aware that the narrative of all the work I've done with not-for-profits and charities has been to ask for donations, sponsorship and grants — in order to support a "good cause". But the narrative doesn't fit this time, because these kids aren't a cause. The more I've worked with the trust, the more I've come to realise they are an incredible asset to our companies and New Zealand's socioeconomic wellbeing. To be a First Foundation Scholar, applicants must meet the low household income threshold of less than $60,000 per annum and be the first in their families to go on to tertiary study. They also need to be exemplar students. Last year, the foundation awarded 90 scholarships, out of over 700 applicants. I have come across scholars whose families have experienced periods of homelessness, who have parents that can't work due to illness and have to work part-time to support them, who have developed their own personal tools to manage dyslexia and ADHD. There have also been the truly awful stories of kids who have been neglected, abandoned and even living in their cars. And they're scholar recipients — which means they are also achieving excellences and merits, they're head boys and girls and they're already volunteering with community groups and mentoring other students. Honestly, these kids sparkle like Christmas trees with the amount of badges they have hanging off their blazers. Plus, to manage all that, they have already honed their executive function skills at 16, more than many of us will ever have. Because of their real world experiences, they're deeply rooted in their communities. Ask any of them what they want to do with their lives and it will involve giving back. They feel responsible for doing well, modelling this for their younger siblings, wider whanau and communities. I haven't met one student yet who hasn't said they want to make the world a better place and they want to stay in New Zealand. Now, in the context of the hi-tech industry, we are short on talent. Immigration settings haven't fixed it and our graduates are heading overseas. Doesn't it seem insane that we have these incredible future leaders here in our communities and we aren't tapping into them? This is a systemic issue in our society. So many students simply don't know what the opportunities are and unless they get picked up by a great school counsellor, teacher or mentor, they will likely never realise their potential. The scholars I've met are the lucky ones, but luck isn't a strategy. There is no point in everyone scrambling for the summer interns and top graduates if we aren't getting these kids into the funnel in the first place. We need to do better, we need to start earlier and we need to be targeted. Because I like real examples, take the story of one of our cadets at United Machinists. He came through the SOREC Engineering Academy programme from his high school for a year every Wednesday and is an absolute pleasure to have on the team. So I was surprised when the polytechnic said they couldn't accept him into our bachelor of applied engineering technology scholarship — they asked if I'd reviewed his academic record before making the offer. He hadn't done the necessary physics or maths papers, subject selections that were made a couple of years before and had absolutely no context at the time. I said: "Why would I look at his academic transcript, it's irrelevant — he's picked up the laser engraver, robot and 3-D printing. He can interpret a high-precision machine drawing, which means he understands microns and basic trigonometry, and he is undertaking inspections using a co-ordinate measuring machine to tolerances sub 10 micron. I can see what he can do, I don't need a piece of paper to tell me that, he's just never had anything that really floats his boat to apply the physics and maths to." The polytechnic came to the party, we got him in to a bridging maths and physics course, and he's on his way to his degree. This could have been a really different outcome, had it not been for our cadet programme. It's a great example of how our education system is letting us down. So my challenge to anyone that this has struck a note with is to get involved, think long-term and start building a 10-plus-year talent funnel that gives more of these kids a chance to participate. There are some incredible programmes you can get involved in. Here are just a few: First Foundation: Provides scholarships, mentoring and paid work experience to support academically promising students from low-income backgrounds; House of Science: Supplies science resource kits and teacher support to primary and intermediate schools; The Wonder Project: Run by Engineering New Zealand, delivers STEM education programmes in schools; I Have a Dream: Offers long-term mentoring and academic support to students in low-income communities; Inspiring the Future: Connects schools with volunteer speakers from diverse careers to help students learn about job pathways; Youth Employment Success (YES): Connects young job seekers with local employers who offer free employment-based opportunities. • Sarah Ramsay is chief executive of United Machinists.
Yahoo
14-03-2025
- Health
- Yahoo
WV First Foundation requests proposals for statewide needs assessment to help guide future funding
The West Virginia First Foundation issued a request for proposals on for organizations interested in performing a statewide needs assessment survey that will help guide the nonprofit's future grant distributions. (Leann Ray | West Virginia Watch) The West Virginia First Foundation issued a request for proposals on Friday for organizations interested in performing a statewide needs assessment survey that will help guide the nonprofit's future grant distributions. The First Foundation — a private nonprofit tasked with disbursing millions of dollars in opioid settlement funds to projects meant to confront West Virginia's ongoing drug and overdose epidemic — is looking for people or firms with expertise in public health research, data analytics, community engagement and policy evaluations to submit proposals for the needs assessment, according to a news release issued Friday. The needs assessment survey has been discussed by First Foundation leaders since the organization began meeting in 2023. According to the RFP posted this week, the assessment will look at what addiction services currently exist in West Virginia and identify gaps in needs both by geography and types of service. The survey should demonstrate and provide evidence of how different localities compare regarding the burden put on them by substance use disorder. Such a model, according to the RFP, should be built in a way to show changes over time in an attempt to figure out what works and what doesn't in responding to addiction. The survey will also look at how money is spent on addiction services and response, taking account of every dollar spent from all funding sources for such services at the county and state level. This will help to create a 'common definition' of 'Health Return on Investment,' meaning how far each dollar spent goes in improving the health and wellbeing of communities and individuals affected by substance use disorder. This 'Health Return on Investment' will be used to produce a new methodology that can be applied in areas needing new kinds of services while assisting the Foundation in prioritizing future funding, according to the RFP. Through research and interviews with stakeholders — including public health experts, those who work in the field, members of the First Foundation, local leaders and more — the needs assessment will 'define a set of core foundational addiction services that should be available to all West Virginia residents.' Per the RFP, all information collected through the needs assessment will be built into a public-facing dashboard that will allow 'rapid analysis of where to deploy future investments.' First Foundation leaders have been clear that priorities for upcoming funding cycles for the organization will be led by results found in the needs assessment survey. Last year — without the needs assessment done — the First Foundation targeted funding at four addiction response areas where work was already underway: Diversion programs to keep people out of the criminal justice system, youth prevention and workforce development, programming to support children, babies with neonatal abstinence syndrome and families affected by substance use disorder and the expansion of transitional and recovery housing. While $19.2 million was made available for grants in 2024 — of which 174 organizations applied for — only $10.4 million was actually distributed. The Foundation announced in December that a secondary grant cycle was being opened to disburse the remaining $8.8 in funds. Those who applied for the first round but who weren't selected to receive the money were given technical assistance to round out their applications and reapply for the second round. Awardees for the second round of grants have yet to be selected. Those interested in applying to perform the needs assessment survey have until March 21 to submit questions regarding the RFP to the Foundation. Answers will be returned by March 28. Formal responses to the RFP must be received by the First Foundation by April 18. As of Feb. 28, the First Foundation held about $297 million in its bank accounts. The Foundation is scheduled to have its first quarterly meeting of 2025 at 10 a.m. on March 20. Meetings are held virtually and can be accessed via Google Meet by this link: SUBSCRIBE: GET THE MORNING HEADLINES DELIVERED TO YOUR INBOX
Yahoo
30-01-2025
- Business
- Yahoo
First Foundation Inc. Reports Fourth Quarter 2024 Financial Results
DALLAS, January 30, 2025--(BUSINESS WIRE)--First Foundation Inc. (NYSE: FFWM), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors ("FFA") and First Foundation Bank ("FFB"), today reported its financial results for the quarter ended December 31, 2024. The detailed earnings report and investor presentation can be accessed online at At 8 a.m. PT / 11 a.m. ET, Chief Executive Officer, Thomas C. Shafer, and Chief Financial Officer, Jamie Britton, of First Foundation will host a discussion of the Company's financial results and performance and provide an update on recent activities. The call will be broadcast live over the Internet and can be accessed using the link below: First Foundation Q4 2024 Earnings Webcast. For those wishing to participate in the question-and-answer session, the call can be accessed by dialing in using the following toll-free number, 800-715-9871 and conference ID, 2340475. About First Foundation First Foundation Inc. (NYSE: FFWM) and its subsidiaries offer personal banking, business banking, and private wealth management services, including investment, trust, insurance, and philanthropy services. This comprehensive platform of financial services is designed to help clients at any stage in their financial journey. The broad range of financial products and services offered by First Foundation are more consistent with those offered by larger financial institutions, while its high level of personalized service, accessibility, and responsiveness to clients is more aligned with community banks and boutique wealth management firms. This combination of an integrated platform of comprehensive financial products and personalized service differentiates First Foundation from many of its competitors and has contributed to the growth of its client base and business. Learn more at or connect with us on LinkedIn and Twitter. View source version on Contacts Investor contact:Jamie Britton, CFO, jbritton@ (949) 476-0300 Sign in to access your portfolio
