Cathay Bank
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 0.80% | 1-year CD | 2.75% - Barclays 12 Month Online CD |
| 0.20% | Savings | |
| 1.46% | 3-year CD | 2.85% - Barclays 36 Month Online CD |
Cathay Bank is headquartered in Los Angeles and is the 9th 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 September of 2018, it had grown to 1,261 employees at 67 locations. Cathay Bank's money market rates are 14% higher than 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 Q3 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 18503 |
| Year Established | 1962 |
| Employees | 1261 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.8% |
| Return on Equity - YTD | 13.19% |
| Annual Interest Income | $504.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2018vs Q3 2017 | $16.44B$14.60B |
| Loans | Q3 2018vs Q3 2017 | $13.56B$11.82B |
| Deposits | Q3 2018vs Q3 2017 | $13.64B$11.87B |
| Equity Capital | Q3 2018vs Q3 2017 | $2.25B$1.83B |
| Loan Loss Allowance | Q3 2018vs Q3 2017 | $123.5MM$121.3MM |
| Unbacked Noncurrent Loans | Q3 2018vs Q3 2017 | $49.1MM$69.2MM |
| Real Estate Owned | Q3 2018vs Q3 2017 | $5.7MM$15.1MM |
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.
2.43% 12 Month Chinese New Year CD
https://www.cathaybank.com/promotion-pages/cny-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
Cathay Bank Money Market Rates
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 | |||||
