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Cathay Bank is a mid-sized bank headquartered in Los Angeles, CA. The bank operates 53 branches in 7 states New Jersey, Texas, Washington, California, Illinois, Massachusetts and New York. Cathay Bank has deposits of $7.4 billion, and was established in April 1962. This bank is FDIC insured - all deposits are protected for up to $250,000. Cathay Bank Ratio Analysis.As of March 31, 2018, Cathay Bank had $49,328,000 in non-current loans and $6,243,000 in owned real estate. To cover these potential losses it had $2,159,430,000 in equity and $122,084,000 in loans loss reserves. That gives it a Texas Ratio of 2.44%.

Jul 11, 2019 · Cathay Bank has a savings rate of 0.10%, which is poor compared to other U.S. banks. Its one-year CD has a rate of 0.80% and the five-year CD earns at a rate of 1.46%, while its highest-yielding money market account earns at a rate of 0.20%. The Cathay Bank certificate of deposit rates are set up in a tiered format. The first tier is for deposits from $2,500 to $49,999.99. The second tier is for deposits from $50,000 to $99,999.99. For rates on all deposits greater than $100,000 a Cathay branch office must be notified. 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%. Founded in 1962, Cathay Bank is an FDIC-insured bank headquartered in Los Angeles, CA. Regulatory filings show the bank having equity of $2.13 billion on assets of $15.62 billion, as of December.

Certificates of deposit can help you grow your money faster. But, rates fluctuate every year. Find the best CD accounts to reach your savings goals right now. Certificates of Deposit - Branch Banks 2019. A certificate of deposit CD is a savings product offered by a bank in which a depositor someone who has money to put into the bank agrees to commit a certain amount of money for a set period of time, in return for a fixed rate of interest.

Aug 27, 2019 · Key Jumbo CDs.Key Jumbo CDs range in term length from seven days to 120 months. KeyBank’s Jumbo CD rates mimic the Key Tiered CD rates given above. However, to qualify for a Jumbo CD, you need to have a minimum initial deposit of $100,000. Your deposit cannot exceed $499,999.99. Certificates of Deposit - Branch Banks 2019 A certificate of deposit CD is a savings product offered by a bank in which a depositor someone who has money to put into the bank agrees to commit a certain amount of money for a set period of time, in return for a fixed rate of interest.

Dec 17, 2019 · Certificates of Deposit - Branch Banks 2019 A certificate of deposit CD is a savings product offered by a bank in which a depositor someone who has money to put into the bank agrees to commit a certain amount of money for a set period of time, in return for a fixed rate of interest.

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