The best Cathay Bank CD rates today are from a financial institution that was established in 1962 to serve the Chinese community in the greater LA area. They since have realized their community is more diverse that just descendents from China and have opened their doors to anyone who is in need of their services for investing and saving their money.
The certificates of deposits from Cathay Bank are offered in a tiered format with the minimum deposit levels being $2,500 and $50,000.
The current bank CD rates include the 7 to 31 day CD that is earning an APY of 0.10% and 0.15% respectively. The 32 to 89 day CD is earning an APY of 0.15% and 0.20%.
The 90 to 179 day CD is earning an APY of 0.30% and 0.40% respectively. The 180 to 364 day CD is earning an APY of 0.60% and 0.60%. The 1 year to 23 month CD is earning an APY of 0.80% and 0.80%.
The 2 year to 35 month CD is earning an APY of 1.00% and 1.00%. The best CD rates are from the 3 to 5 year CD that is earning an APY of 1.10% and 1.20%.
Cathay Bank also has jumbo rates available but a local branch office has to be contacted to obtain those CD rates. The above rates apply for the states of California, Texas and Washington. Rates in other states may vary.
These best Cathay Bank CD rates today were posted on July 19, 2011 but are subject to change at the discretion of the bank.
For additional resources about CDs on this website, please visit http://www.bestcdratestoday.com. We strive to bring you the latest and most accurate data possible from the home sites of the financial institutions we name. Always remember, the bigger the risk, the larger the reward or loss. Invest with caution.
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