Top CD & Savings Account Rates at American Plus Bank in CA - Local Only

POSTED ON BY

APYMINMAXINSTITUTIONPRODUCTDETAILS
1.18*%$25k-American Plus Bank, N.A.24 - 59 Months CD
1.06*%$25k-American Plus Bank, N.A.12 - 23 Months CD
0.73*%$100k-American Plus Bank, N.A.Personal Savings
0.70*%$1k-American Plus Bank, N.A.180 - 269 Days CD
Accounts mentioned in this post. Rates as of December 5, 2016.

Like many banks, deposit rates have fallen at American Plus Bank, N.A. since September when I last reviewed this bank. However, it continues to offer competitive rates on its mid-term CDs. The three best are the 0.95% APY 6-month CD, 1.16% APY 1-year CD and the 1.36% APY 2-year CD. Minimum deposit is $1,000. These rates are listed at the bank's rates page as of 12/27/2011.

Unlike the CD rates, the bank's savings account rates have remained the same since September. So they're even more competitive. The top rate is 1.10% for a balance of at least $100,000. For balances of $10K to up to $100K, the rate is 0.98%. This savings account has a history of competitive rates. In early 2010, it had a 1.78% APY. The savings account requires a minimum balance of $300 to avoid monthly service charges.

It appears that a branch visit is required to open an account. It's a small two-office bank that was established in 2007. The two branches are located in the Los Angeles metro area cities of Rowland Heights and Arcadia.

The bank's financial health has improved since my September post. Its overall health score has improved from 4 stars to 5 stars (out of 5). Its Texas Ratio is 8.65% (above average) based on September 2011 data. Please refer to our financial overview of American Plus Bank for more details. The bank is a member FDIC (FDIC Certificate # 58469).

How These CD Rates Compare

The best bank 1-year and 2-year CD rates that are nationally available are 1.15% APY and 1.32% APY at CIT Bank. The all-access credit union Alliant Credit Union offers a higher 2-year CD rate of 1.50% APY for a $25K minimum deposit. These rates are accurate as of 12/27/2011.

Searching for the Best CD Rates

To search for the best nationwide CD rates and the best CD rates in your state, please refer to the CD rates section of DepositAccounts.com.

Comments
Top CD & Savings Account Rates at American Plus Bank in CA - Local Only

American Plus Bank, N.A. continues to offer competitive rates on its mid-term CDs. The two best are the 1.26% APY 1-year CD and the 1.46% APY 2-year CD. Minimum deposit is $1,000. These rates are listed at the bank's rates page as of 9/29/2011.

The bank also has competitive rate on its tiered-rate savings accounts. The top rate is 1.10% for a balance of at least $100,000. For balances of $10K to up to $100K, the rate is 0.98%. This savings account has a history of competitive rates. In early 2010,...

Continue Reading
Competitive CDs and Money Market Account at American Plus Bank in CA - Local Only

American Plus Bank, N.A. continues to offer competitive rates on its short-term and mid-term CDs. These include a 1.64% APY 6-month CD, a 1.90% APY 12-month CD and a 2.27% APY 24-month CD. Minimum deposit is $1,000. These rates are listed at the bank's rates page as of the morning of 1/29/2010.

The bank also has competitive rates on its tiered-rate money market and savings accounts. As of 1/29/2010, the top rate is 1.78% APY in the savings account with a balance of at least $10,000. Last year the top rates...

Continue Reading
2.02% 12-Month CD & 1.88% Savings Account at American Plus Bank N.A. in California - Local Only
American Plus Bank, N.A. is offering competitive rates on its short-term and mid-term CDs. These include a 1.76% APY 6-month CD, a 2.02% APY 12-month CD and a 2.27% APY 24-month CD. Minimum deposit is $1,000. These rates are listed at the bank's rates page as of 11/23/09.

The bank also has competitive rates on its tiered-rate money market and savings accounts. As of 11/23/09, the top rate is 1.88% APY in the savings account with a balance of at least $10,000. When I last reported on this bank in...

Continue Reading
2.53% 12-Month CD & 2.78% 24-Month CD at American Plus Bank N.A. in California - Local Only
Update 9/12/09: The CD rates have fallen. The 1-year APY is now 2.02% and the 2-year APY is 2.27%. Refer to the bank's website for the latest rates.

Update 8/08/09: The CD rates have fallen, but they remain competitive. These include a 2.27% APY 12-month CD and 2.53% APY 24-month CD.

American Plus Bank, N.A. is offering competitive rates on its short-term and mid-term CDs. These include a 2.02% APY 6-month CD, a 2.27% APY 9-month CD, a 2.53% APY 12-month CD and a 2.78% APY 24-month CD. Minimum deposit is...



Continue Reading