2.40 18-Month CD at Asian Bank in Philadelphia - Local Only

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Aug 10, 2009 - 12:29 PM by Ken Tumin

Asian Bank
Asian Bank has two new CD promotions. These include a 2.40% APY 18-month CD and a 2.10% APY 12-month CD. These rates are listed at the bank's promotions page as of 8/10/09. Minimum deposit is $1,000.

My last post on this bank was in June when they were offering a 2.65% 15-month CD.

It appears a branch visit is required to open an account. Asian Bank is a one-office bank located in Philadelphia, Pennsylvania.

The bank's ratings for safety and soundness are a little weak: 2 stars (problematic) at BauerFinancial and 1 star (lowest) at Bankrate.com. Both ratings are based on 3/31/09 financial data. Asian Bank has been a FDIC member since 1999 (FDIC Certificate # 34759).

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Asian Bank
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