Cathay Bank

TODAY'S FEATURED RATES

Member FDIC

4.54%

Our Rating

4.2 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

4.20%

Our Rating

3.6 / 5

Jenius Bank

Jenius Savings Account

See Offer

Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.

Member FDIC

3.80%

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms Apply. Member FDIC

Member FDIC

4.41%

Our Rating

4.0 / 5

Vio Bank

Cornerstone Money Market

See Offer

Sponsored Note: Interest is compounded daily, growing your money fast

Member FDIC

4.10%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.

Member FDIC

4.45%

Our Rating

4.1 / 5

BrioDirect

High-Yield Savings

See Offer

Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC

Member FDIC

3.70%

Our Rating

4.3 / 5

American Express®

High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

up to $300

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

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 4^th largest bank in the state of California. It is also the 90^th largest bank in the nation. It was established in 1962 and as of December of 2024, it had grown to 1,266 employees at 66 locations. Cathay Bank has an A health rating.

Reviews (1)

Write a Review

The Worsest Bank In My Life..

Posted by: tohotsai | May 3, 2024

If you put your money in this bank and your money is stolen, the bank will not compensate you. You need to hire an attorney to sue the bank.

Comment

Health

Data as of Q4 2024

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	18503
Year Established	1962
Employees	1266
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.3%
Return on Equity - YTD	10.54%
Annual Interest Income	$1.34B

Assets and Liabilities
Assets	Q4 2024vs Q4 2023	$23.04B$23.06B
Loans	Q4 2024vs Q4 2023	$19.22B$19.4B
Deposits	Q4 2024vs Q4 2023	$19.74B$19.35B
Equity Capital	Q4 2024vs Q4 2023	$2.9B$2.81B
Loan Loss Allowance	Q4 2024vs Q4 2023	$161.8MM$154.6MM
Unbacked Noncurrent Loans	Q4 2024vs Q4 2023	$173.1MM$73.7MM
Real Estate Owned	Q4 2024vs Q4 2023	$23.1MM$19.4MM

TODAY'S FEATURED RATES

Member FDIC

4.54%

Our Rating

4.2 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

4.20%

Our Rating

3.6 / 5

Jenius Bank

Jenius Savings Account

See Offer

Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.

Member FDIC

3.80%

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

4.41%

Our Rating

4.0 / 5

Vio Bank

Cornerstone Money Market

See Offer

Sponsored Note: Interest is compounded daily, growing your money fast

Member FDIC

4.10%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.

Member FDIC

4.45%

Our Rating

4.1 / 5

BrioDirect

High-Yield Savings

See Offer

Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC

Member FDIC

3.70%

Our Rating

4.3 / 5

American Express®

High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

up to $300

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

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Savings
Money Market
Checking

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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

APY	MIN	MAX	ACCOUNT NAME
0.05%^*	$50k^*	-	Student Savings
OTHER TIERS: 0.03% → $0 - $50k
0.05%^*	$50k^*	-	Statement Savings
OTHER TIERS: 0.03% → $0 - $50k
0.05%^*	$50k^*	-	Passbook Savings
OTHER TIERS: 0.03% → $0 - $50k

Cathay Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.25%^*	$1m^*	-	Smart Money Market
OTHER TIERS: 0.05% → $0 - $100k \| 0.10% → $100k - $300k \| 0.15% → $300k - $500k \| 0.20% → $500k - $1m
0.25%^*	$1m^*	-	Optima Money Market
OTHER TIERS: 0.05% → $0 - $100k \| 0.10% → $100k - $300k \| 0.15% → $300k - $500k \| 0.20% → $500k - $1m

Cathay Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.05%^*	$25k^*	-	Cathay ValuePlus
OTHER TIERS: 0.02% → $2k - $25k

Locations

Availability

Los Angeles Area

Los Angeles Area bank & credit union details

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