BBCN Bank Offers 15-Month CD and Money Market Specials - Limited Time


Availability: Market area includes California, Illinois, New Jersey, New York, Virginia, and Washington State

BBCN Bank began advertising two specials today: a 15-month CD (1.25% APY) and a Money Market Account (1.08% APY). These specials are not currently listed on BBCN Bank’s website.

I contacted BBCN Bank branches in California, New York, and New Jersey to determine availability, and all the CSRs stated the specials were available at all branches. That being said, it’s always prudent to check with your branch.

While these most certainly are limited-time offers, CSR could not provide a specific end date. The closest thing I could get to a time commitment was a statement that the specials would be offered until BBCN Bank "met its goals."

According to CSR, the details for the 15-month CD are as follows:

  • Minimum deposit is $30K new money, with a $250K balance cap.
  • Early Withdrawal Penalty is 90 days interest.
  • A personal checking account relationship is required: earned interest is automatically transferred each month.

CSR also stated that the MMA requires a minimum $50K deposit.

Thank you to one of DA’s long-timer readers who saw these specials in the Los Angeles Times.


BBCN Bank’s market area includes California, Illinois, New Jersey, New York, Virginia, and Washington State.

BBCN Bank’s online banking platform is limited to account management and bill payment transactions. The 15-month CD Special and the Money Market Account can be opened at any of 46 branches located in California (24), Illinois (11), New Jersey (2), New York (4), Virginia, and Washington State (4). All of BBCN Bank’s branches are situated in or near large metropolitan areas.

Bank Overview

BBCN Bank (FDIC Certificate # 26610) has an "A+" rating at, with a Texas Ratio of 2.51% (excellent) as of December 31, 2014. In the past year, BBCN Bank has increased its total deposits by $545 Million, an excellent annual growth rate of 10.57%. Please refer to our financial overview of CCBN Bank for more details.

Originally established in 1986 as the California Central Bank, BBCN Bank is the largest Korean-American bank in the U.S and the 14th largest bank in California. In the past 28 years, BBCN has acquired six other banks in Los Angeles, Chicago, and Seattle, resulting in a major financial institution with assets in excess of $7 Billion.

How the Specials Compare

When compared to other similar length-of-term CDs tracked by, that are available nationally, CCBN’s 15-month CD Special is competitive.

When compared to other Money Market and Savings Accounts tracked by, that are available nationally, CCBN’s MMA is competitive.

The above rates are accurate as of 3/4/2015.

To look for the best nationwide CD rates and the best CD rates in your state, please refer to our CD rates table.

To find the best rates on savings and money market accounts that are available nationwide or in your state, please refer to our savings account rate table and our money market rate table.

Money Market and 12-Month CD Promotion at BBCN Bank

BBCN Bank has two good deposit deals. The first is a money market account special for consumers only. The bank is guaranteeing a 1.00% APY until 12/31/2014 for balances of $50,000 to under $1 million. The second special is a CD promotion for consumer and business customers. It’s a 12-month CD with a 1.10% APY. Minimum deposit is $50,000, and the maximum is $250,000 per customer. Both offers require new money to the bank. The promotion is scheduled to end when the bank’s deposit goal amount is met or on...

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More Past Offers

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.