California Federal Bank - Calfed Bank

- Maret 31, 2015

California Federal Bank, often abbreviated to "Cal Fed", was a savings and loan bank in California with the corporate headquarters being located at 5670 Wilshire Boulevard, in Los Angeles. It existed from 1926 until 2002, when its parent company, Golden State Bancorp, was acquired by Citigroup, resulting in the bank being merged into Citibank. Cal Fed first ceased to be an independent banking company after its acquisition in 1997 by First Nationwide Bank of San Francisco, California. First Nationwide Bank changed the name of the new merged banking entity to CalFed Bank due to the appeal of the CalFed brand name. A few years later the bank was bought out by Citigroup.

California Federal Bank's historic building, opened in 1965, on Wilshire was one of the original bank corporate headquarters in the Miracle Mile area.



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