Cathay Bank
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 0.80% | 1-year CD | 1 Year - 23 Month CD 2.45% - Synchrony Bank 12 Month CD |
| 0.20% | Savings | Passbook Savings |
| 1.46% | 3-year CD | 3 Year - 60 Month CD 2.55% - Barclays 36 Month Online CD |
Cathay Bank is headquartered in Los Angeles and is the 10th largest bank in the state of California. It is also the 96th largest bank in the nation. It was established in 1962 and as of June of 2018, it had grown to 1,246 employees at 68 locations. Cathay Bank's CD rates are 3X the national average, and it boasts an A+ health rating.
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Learn Customer Service Please
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.
Second Worst Experience In My Life.
(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.
Data as of Q2 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 18503 |
| Year Established | 1962 |
| Employees | 1246 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.82% |
| Return on Equity - YTD | 13.37% |
| Annual Interest Income | $327.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2018vs Q2 2017 | $16.17B$14.31B |
| Loans | Q2 2018vs Q2 2017 | $13.27B$11.49B |
| Deposits | Q2 2018vs Q2 2017 | $13.18B$11.50B |
| Equity Capital | Q2 2018vs Q2 2017 | $2.20B$1.95B |
| Loan Loss Allowance | Q2 2018vs Q2 2017 | $121.9MM$115.8MM |
| Unbacked Noncurrent Loans | Q2 2018vs Q2 2017 | $52.7MM$64.5MM |
| Real Estate Owned | Q2 2018vs Q2 2017 | $5.2MM$16.2MM |
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.
Cathay Bank 36-Month, 24-Month And 12-Month CD Specials
24-Month CD, 2.50% APY $100,000, 2.40% APY $10,000
12-Month CD, 2.25% APY $100,000, 2.15% APY $10,000
Personal or Business CD
$10,000 new money required
As a bonus, you’ll also receive a collectible bracelet with a lucky dog sterling silver charm
Promotion Period from August 20 to October 22, 2018.
https://www.cathaybank.com/promotion-pages/2018-cd-promotion
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 | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.20%* | - | $50k | Student Savings | ||
| OTHER TIERS: 0.10% → $100k+ | 0.15% → $50k - $100k | |||||
| 0.20%* | $100k* | - | Statement Savings | ||
| OTHER TIERS: 0.10% → Up to $50k | 0.15% → $50k - $100k | |||||
| 0.20%* | $100k* | - | Passbook Savings | ||
| OTHER TIERS: 0.10% → Up to $50k | 0.15% → $50k - $100k | |||||
Cathay Bank Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.50%* | $1m* | - | Optima Money Market | ||
| OTHER TIERS: 0.10% → Up to $10k | 0.20% → $10k - $100k | 0.30% → $100k - $300k | 0.35% → $300k - $500k | 0.40% → $500k - $1m | |||||
| 0.45%* | $1m* | - | Smart Money Market | ||
| OTHER TIERS: 0.10% → Up to $10k | 0.15% → $10k - $25k | 0.20% → $25k - $50k | 0.25% → $50k - $100k | 0.30% → $100k - $500k | 0.35% → $500k - $1m | |||||
Cathay Bank Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.20%* | $100k* | - | Cathay ValuePlus | ||
| OTHER TIERS: 0.10% → $2k - $25k | 0.15% → $25k - $100k | |||||
Cathay Bank CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 2.75%* | $100k* | - | 36 Month CD Promo | ||
| OTHER TIERS: 2.65% → $10k - $100k | |||||
| 2.75%* | $100k* | - | Business 36 Month CD Promo | ||
| OTHER TIERS: 2.65% → $10k - $100k | |||||
| 2.50%* | $100k* | - | 24 Month CD Promo | ||
| OTHER TIERS: 2.40% → $10k - $100k | |||||
| 2.50%* | $100k* | - | Business 24 Month CD Promo | ||
| OTHER TIERS: 2.40% → $10k - $100k | |||||
| 2.25%* | $100k* | - | 12 Month CD Promo | ||
| OTHER TIERS: 2.15% → $10k - $100k | |||||
| 2.25%* | $100k* | - | Business 12 Month CD Promo | ||
| OTHER TIERS: 2.15% → $10k - $100k | |||||
| 1.46% | $2.5k | $100k | 3 Year - 60 Month CD | ||
| 0.90% | $2.5k | $100k | 2 Year - 35 Month CD | ||
| 0.80% | $2.5k | $100k | 1 Year - 23 Month CD | ||
| 0.60%* | $50k* | $100k | 180 - 364 Day CD | ||
| OTHER TIERS: 0.50% → $2.5k - $50k | |||||
| 0.50%* | $50k* | $100k | 90 - 179 Day CD | ||
| OTHER TIERS: 0.40% → $2.5k - $50k | |||||
| 0.35%* | $50k* | $100k | 32 - 89 Day CD | ||
| OTHER TIERS: 0.30% → $2.5k - $50k | |||||
| 0.20%* | $50k* | $100k | 7 - 31 Day CD | ||
| OTHER TIERS: 0.10% → $2.5k - $50k | |||||
