California First Leasing Year-End Review

2025-12-29 10:00:40 ET

California First Leasing Corporation ( CFNB )

Background

The CFNB ticker symbol harkens back to a decade ago when they operated as California First National Bank. Despite the name, they were never a traditional branch bank. They had one office and took in brokered deposits from around the country, paying close to the highest rate. They then used these deposits to fund a leasing business and to purchase pieces of commercial loans, many of which were publicly traded....

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