CIBC USA


Overview / Commentary
312-564-2000
120 South LaSalle Street
Chicago, IL 60603

CIBC USA is headquartered in Chicago and is the 3rd largest bank in the state of Illinois. It is also the 59th largest bank in the nation. It was established in 1991 and as of December of 2019, it had grown to 1,670 employees at 26 locations. CIBC USA's savings rates are 3X the national average, and it boasts an A+ health rating.

Related Posts

CIBC Drops Savings Rates To 1.45% APY - 3/9/2020

Received email today: "The Federal Reserve recently announced an emergency cut in the fed funds rate by 0.50% in response to market volatility. As a result, the new rate on your Agility Savings Account will be 1.45% APY1 effective March 10, 2020."

CIBC Offers Bonus of Up to $400 on Its Agility Savings Account - 3/6/2020

The latest bank to offer a cash bonus on its online savings account is CIBC Bank USA. It’s offering a cash bonus of up to $400 to new Agility Savings account customers.

$400 Bonus On 50K Deposit - 2/25/2020

https://us.cibc.com/en/agility/agility-savings.html " To qualify for an Agility Savings New Client promotional bonus, you must: 1. Complete an account application for a new Agility Savings account between February 10, 2020 and March 16, 2020. An account application is deemed complete when you are provided an account number on the confirmation screen. 2. Deposit at least $25,000 of new money from an external bank (transfers between CIBC Bank USA accounts will not qualify) within the first 15 calendar days from the date of the completed account application (Initial Funding Period); 3. The minimum daily balance on the account must be at least $25,000 for 120 days from the last calendar day of the Initial Funding Period; and 4. Enroll in Online Banking and change the Statements Delivery Method to "Online" during the Initial Funding Period and continue enrollment for 120 days from the last calendar day of the Initial Funding Period. The bonus will be determined as follows: 1. You

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Health
A+

Health Grade Components

Overall
FDIC Certificate #33306
Year Established1991
Employees1670
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.06%
Return on Equity - YTD5.45%
Annual Interest Income$1.30B
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$33.59B$28.96B
LoansQ4 2019vs Q4 2018$22.82B$18.93B
DepositsQ4 2019vs Q4 2018$24.79B$20.94B
Equity CapitalQ4 2019vs Q4 2018$6.22B$5.83B
Loan Loss AllowanceQ4 2019vs Q4 2018$268.4MM$172.9MM
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$185.5MM$153.0MM
Real Estate OwnedQ4 2019vs Q4 2018$3.9MM$544.00K
  User-submitted Promotions & Notices

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.

CIBC Drops Savings Rates To 1.45% APY

  |  
Received email today:

"The Federal Reserve recently announced an emergency cut in the fed funds rate by 0.50% in response to market volatility. As a result, the new rate on your Agility Savings Account will be 1.45% APY1 effective March 10, 2020."

$400 Bonus On 50K Deposit

  |  
https://us.cibc.com/en/agility/agility-savings.html

" To qualify for an Agility Savings New Client promotional bonus, you must:

1. Complete an account application for a new Agility Savings account between February 10, 2020 and March 16, 2020. An account application is deemed complete when you are provided an account number on the confirmation screen.

2. Deposit at least $25,000 of new money from an external bank (transfers between CIBC Bank USA accounts will not qualify) within the first 15 calendar days from the date of the completed account application (Initial Funding Period);

3. The minimum daily balance on the account must be at least $25,000 for 120 days from the last calendar day of the Initial Funding Period; and

4. Enroll in Online Banking and change the Statements Delivery Method to "Online" during the Initial Funding Period and continue enrollment for 120 days from the last calendar day of the Initial Funding Period.

The bonus will be determined as follows:

1. You will earn a $200 bonus if you maintain a minimum daily balance between $25,000 and $49,999.99 for 120 days from the last calendar day of the Initial Funding Period.

2. You will earn a $400 bonus if you maintain a minimum daily balance of at least $50,000 for 120 days from the last calendar day of the Initial Funding Period.

3. If at any time during the 120 days from the last calendar day of the Initial Funding Period your minimum daily balance decreases:

a. Less than $50,000 but $25,000 or more, you will earn a bonus of $200.

b. Less than $25,000, you will not qualify for a bonus.

The account is subject to approval.

New money means funds not currently held within a CIBC Bank USA account. Only one bonus is permitted per primary or secondary account holder. Once you have qualified for a bonus, your bonus payment will be paid no later than 60 calendar days after you have completed all the requirements listed above.

Bonus is considered interest for income tax purposes and will be reported to the IRS. Consult your tax adviser regarding specific tax considerations for your accounts.

Bonus offers are not eligible to you if you were the primary or secondary account holder of an Agility Savings account with CIBC Bank USA on or after May 1, 2018.

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

CIBC USA Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.45%$1$1mCIBC Agility Savings - Online Only

CIBC USA CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.55%*$25k*$5m12 Month Agility CD - Online Only
OTHER TIERS: 0.50% $1k - $25k
0.50%*$25k*$5m9 Month Agility CD - Online Only
OTHER TIERS: 0.45% $1k - $25k
Locations

Availability

Chicago Area

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