Business Interest Checking

As a sole proprietor or nonprofit business, every dollar makes a difference in your success. At Cathay Bank, our Business Interest Checking account was made with your business in mind, providing you with the cash management flexibility and a competitive monthly interest rate to make your money work for you.

24/7 online access

Cathay Business Online Banking delivers current account information for deposits and loans, transaction reporting, and funds transfers.

Returns with monthly compounding

Earns a variable interest rate, with interest that compounds and credits monthly.

Accept payments faster and easier

Expand your customers’ payment options with merchant services that accepts all payment types, with same or next day funding.

FDIC insured

Get FDIC protection on your account for up to $250,000 per depositor for each ownership category.

The minimum opening deposit is $1,000.
$15 monthly maintenance charge, waived if you maintain a minimum daily balance of $1,000 in the account or a combined balance of $10,000 in related business money market or business savings accounts. Monthly activity fees may also apply.
Monthly activity fees of $0.25 per item in excess of 50 checks paid and $1.00 per deposit in excess of 25 deposits.
Earns a variable interest rate, with interest that compounds monthly and credits monthly.
24/7 business online account access via desktop, tablet, or mobile, including Business Bill Pay at no cost and Treasury Management services. (Message and data rates may apply to online and mobile banking services. Fees may apply for select Treasury Management services.)