Advertising Disclosure
  1. Banks
  2. Cathay Bank

Cathay Bank


Overview / Commentary
www.cathaybank.com
213-625-4791
777 North Broadway Street
Los Angeles, CA 90012

Cathay Bank is headquartered in LOS ANGELES and is the 4th largest bank in the state of California. It is also the 85th largest bank in the nation. It was established in 1962 and as of June of 2023, it had grown to 1,257 employees at 71 locations. Cathay Bank has an A health rating.

Related Posts

View all posts from:


Reviews (2)

Learn Customer Service Please

Posted by: |

My experience with Cathay Bank is poor, in particular with their branch located at Diamond Bar, California. I'd say they offer zero customer service because the employees don't really care about the customers. Let me give an example: As a Chinese American bank, most of their employees are Chinese Americans, so once I went there to deposit some cash, the clerk that attended me gave me a really bad attitude as I handed her a stack of cash, she told me that: you should organize your money before coming! Well, my money was organize (stacked firmly) but that was not her standard, she wanted every single bill to be categorized by their value , placed on the same side ( face of the bill) and orientation. Because apparently they don't use bill counting machines and is their company policy to organize the bills prior counting them by hand. So the clerk gave me a bad attitude because she doesn't feel like doing her job, so it becomes my responsibility to do her job prior coming to the bank. And let me tell you, that they don't even count right, she had to ask another clerk for help because she counted twice and the numbers came out different! What a joke, bad service and waste of time.

3

Second Worst Experience In My Life.

Posted by: |

(Second Worst Experience in myLlife.)
Cathay Bank
18643 Pioneer Blvd
18643 Pioneer Blvd, Artesia, CA 90701
100% DISCRIMINATION 2 the human race Worst Bank ever
2 cash paid roll checks
You need 2 California ID
Verification of Address
1 debit credit card
Sign your check
Fingerprints
and wait because computer system 2 slow and after all this Bull Shit. There call 2 my company to see if they can change my check., Worst bank in the USA. Worst Worst 100% DISCRIMINATION 2 the human race.

6


Health
A

Data as of Q2 2023

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #18503
Year Established1962
Employees1257
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.63%
Return on Equity - YTD13.88%
Annual Interest Income$585.9MM
Assets and Liabilities
AssetsQ2 2023vs Q2 2022$23.00B$21.22B
LoansQ2 2023vs Q2 2022$18.87B$17.68B
DepositsQ2 2023vs Q2 2022$19.12B$18.33B
Equity CapitalQ2 2023vs Q2 2022$2.67B$2.50B
Loan Loss AllowanceQ2 2023vs Q2 2022$155.1MM$148.8MM
Unbacked Noncurrent LoansQ2 2023vs Q2 2022$74.7MM$60.2MM
Real Estate OwnedQ2 2023vs Q2 2022$4.1MM$4.1MM
Rates
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Cathay Bank; we are a rate comparison website and cannot provide official rates or promotions.

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

Cathay Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%*$50k*-Student Savings
OTHER TIERS: 0.03% → Up to $50k
0.05%*$50k*-Statement Savings
OTHER TIERS: 0.03% → Up to $50k
0.05%*$50k*-Passbook Savings
OTHER TIERS: 0.03% → Up to $50k

Cathay Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%*$1m*-Smart Money Market
OTHER TIERS: 0.05% → Up to $100k | 0.10% → $100k - $300k | 0.15% → $300k - $500k | 0.20% → $500k - $1m
0.25%*$1m*-Optima Money Market
OTHER TIERS: 0.05% → Up to $100k | 0.10% → $100k - $300k | 0.15% → $300k - $500k | 0.20% → $500k - $1m

Cathay Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%*$25k*-Cathay ValuePlus
OTHER TIERS: 0.02% → $2k - $25k

Cathay Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.40%*$50k*$100k2 Year - 35 Month CD
OTHER TIERS: 0.35% → $2.5k - $50k
0.40%*$50k*$100k3 Year - 5 Year CD
OTHER TIERS: 0.35% → $2.5k - $50k
0.40%*$50k*$100kBusiness 2 Year - 35 Month CD
OTHER TIERS: 0.35% → $2.5k - $50k
0.40%*$50k*$100kBusiness 3 Year - 5 Year CD
OTHER TIERS: 0.35% → $2.5k - $50k
0.35%*$50k*$100kBusiness 1 Year - 23 Month CD
OTHER TIERS: 0.30% → $2.5k - $50k
0.30%*$50k*$100k1 Year - 23 Month CD
OTHER TIERS: 0.25% → $2.5k - $50k
0.30%*$50k*$100kBusiness 3 Month CD
OTHER TIERS: 0.25% → $2.5k - $50k
0.30%*$50k*$100kBusiness 6 Month CD
OTHER TIERS: 0.25% → $2.5k - $50k
0.25%*$50k*$100k3 Month CD
OTHER TIERS: 0.20% → $2.5k - $50k
0.25%*$50k*$100k6 Month CD
OTHER TIERS: 0.20% → $2.5k - $50k
0.20%*$50k*$100kBusiness 7 - 31 Day CD
OTHER TIERS: 0.10% → $2.5k - $50k
0.20%$2.5k$100kBusiness 1 Month CD
0.15%*$50k*$100k7 - 31 Day CD
OTHER TIERS: 0.10% → $2.5k - $50k
0.15%$2.5k$100k1 Month CD

Cathay Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.40%*$50k*$100k2 Year - 35 Month IRA CD
OTHER TIERS: 0.35% → $100 - $50k
0.40%*$50k*$100k3 Year - 5 Year IRA CD
OTHER TIERS: 0.35% → $100 - $50k
0.30%*$50k*$100k1 Year - 23 Month IRA CD
OTHER TIERS: 0.25% → $100 - $50k
0.25%*$50k*$100k3 Month IRA CD
OTHER TIERS: 0.20% → $100 - $50k
0.25%*$50k*$100k6 Month IRA CD
OTHER TIERS: 0.20% → $100 - $50k
0.15%*$50k*$100k7 - 31 Day IRA CD
OTHER TIERS: 0.10% → $100 - $50k
0.15%$100$100k1 Month IRA CD
Locations

Availability

Boston Area

Interactive local rates map


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.