Founded in 1985 with FDIC membership, First American Trust now has assets of more than $2.94 billion and has obtained deposits of more than $1.6 billion by August 31, 2013.
This bank specially accepts and manages escrow and real estate industry-related deposits, and mainly invests money in securities issued by Government Sponsored Entities (GSEs) supported by the U.S. Treasury. About 87.8% of deposits have been invested in cash and Agency Securities by the end of this August.
- Website: http://www.firstamtrust.com/
- Location: 5 First American Way, 3rd Floor, Santa Ana, CA 92707