Featured Savings Rates
Featured Accounts

Asian Bank

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
0.80%1-year CD10 Months CD Special
1.68%3-year CD30 Months CD Special
1.28%18-month CD18 Months CD Special

Overview / Commentary
215-592-1188
815-837 Arch Street
Philadelphia, PA 19107

Asian Bank is headquartered in Philadelphia and is the 137th largest bank in the state of Pennsylvania. It is also the 3,642nd largest bank in the nation. It was established in 1999 and as of March of 2016, it had grown to 26 employees at 1 location. Asian Bank's money market rates are 36% higher than the national average, and it has a B+ health rating.

Related Posts

Asian Bank 30-Month CD, 1.68% APY - 6/4/2016

available to residents of certain counties in Pennsylvania, Delaware, New Jersey & New York ; $1000 minimum. See Bankaholic article dated 6/3/16 Asian Bank’s Four-State CD Deal Includes NYC & Philly

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Reviews (1)

Experience With Asian Bank

I opened up a basic checking account with the Asian Bank one year ago. I needed a 100 dollar minimum deposit and the representative told me that the daily minimum requirement is 100 dollars. If I went below the requirement, I would have to pay a 6 dollar fee. That was reasonable. The representative was friendly and opened up my account in about 15 minutes. She also asked me if anyone referred me to the bank because they were doing a referral program and both the referrer and the account opener would get an extra 25 bucks.

One week later, I wanted to do online banking so I called the bank to see how I can get started. The representative over the phone told me to use my social security number as both the username and password. It didn't work so the representative told me to go to their branch and set up online banking. I went there and the representative set it up in under 5 minutes. He then printed out a paper with a temporary username and password. He told me that if I had any problem, I can always come back. When I went home and tried to access my account online, it worked! Overall, I had a pleasant experience with my local bank. Nice customer service and very easy to set up an account.



Health
B+

Health Grade Components

Overall
FDIC Certificate #34759
Year Established1999
Employees26
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.68%
Return on Equity - YTD7.89%
Annual Interest Income$1.5MM
Assets and Liabilities
AssetsQ1 2016vs Q1 2015$146.0MM$109.1MM
LoansQ1 2016vs Q1 2015$108.9MM$83.2MM
DepositsQ1 2016vs Q1 2015$109.8MM$86.9MM
Equity CapitalQ1 2016vs Q1 2015$12.2MM$9.6MM
Loan Loss AllowanceQ1 2016vs Q1 2015$1.5MM$1.2MM
Unbacked Noncurrent LoansQ1 2016vs Q1 2015$1.2MM$1.1MM
Real Estate OwnedQ1 2016vs Q1 2015$254.00K$907.00K
  User-submitted Promotions & Notices

This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.

Asian Bank 30-Month CD, 1.68% APY

alan1   |  
available to residents of certain counties in Pennsylvania, Delaware, New Jersey & New York ; $1000 minimum. See Bankaholic article dated 6/3/16 Asian Bank’s Four-State CD Deal Includes NYC & Philly

Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Asian Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%*$25k*-Savings Account
OTHER TIERS: 0.10% $250 - $25k
0.40%*$25k*-Business Savings
OTHER TIERS: 0.10% $250 - $25k
0.15%$50-Student Savings
0.15%$100-Family Savings
0.01%$500-Secured Credit Card Savings

Asian Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.60%*$50k*-Money Market Account
OTHER TIERS: 0.10% $1k - $10k | 0.50% $10k - $50k
0.50%*$100k*-Business Money Market Account
OTHER TIERS: 0.10% $1k - $10k | 0.30% $10k - $50k | 0.40% $50k - $100k

Asian Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%$500-Premier Checking Account
0.05%$500-Business NOW

Asian Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.68%$1k-60 Months CD
1.68%$1k-Business 60 Months CD
1.68%$1k-Business 30 Months CD Special
1.68%$1k-30 Months CD Special
1.38%$1k-48 Months CD
1.38%$1k-Business 48 Months CD
1.28%$1k-18 Months CD Special
1.28%$1k-36 Months CD
1.28%$1k-Business 36 Months CD
1.28%$1k-Business 18 Months CD Special
1.08%$1k-24 Months CD
1.08%$1k-Business 24 Months CD
0.80%$1k-10 Months CD Special
0.80%$1k-Business 10 Months CD Special
0.50%$1k-12 Months CD
0.50%$1k-Business 12 Months CD
0.30%$1k-5 Months CD
0.30%$1k-6 Months CD
0.30%$1k-Business 5 Months CD
0.30%$1k-Business 6 Months CD

Asian Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.68%$1k-60 Months IRA
1.28%$1k-36 Months IRA
1.28%$1k-18 Months IRA Special
1.08%$1k-24 Months IRA
0.50%$1k-12 Months IRA
Locations


Asian Bank Locations
Asian Bank815-837 Arch StreetPhiladelphia, PA 19107