Skip to main content

Business CDs

Smart investments for reliable savings

Put your surplus funds to work for your business with a low-risk Certificate of Deposit (CD) that features flexible terms and a fixed interest rate through maturity.

CDs are a guaranteed investment tool for businesses with excess funds and long-term business goals. Our Business CDs help you lock in higher interest rates than standard savings accounts, plus offer a variety of flexible terms so you can grow your savings in your preferred timeframe.

Earn higher returns

CDs earn a higher Annual Percentage Yield (APY) than regular savings deposits.

Flexible terms

Maturity terms range from 7 days to 5 years.

A safe investment

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

Link to other deposit accounts

Interest may be credited to the CD or a Cathay Bank savings or checking account.

Get to know Business CDS

  • The minimum opening deposit is $2,500.
  • The interest rate is fixed for the term.
  • The term automatically renews at maturity.
  • For Jumbo CD rates ($100,000 and above), inquire at any Cathay Bank branch.
  • No monthly maintenance charge.

Business CDs Rates

Term of deposit

$2,5001 - $49,999.99 
Interest rate

$2,5001 - $49,999.99
Annual Percentage Yield

$50,0001 - $99,999.99
Interest rate

$50,0001 - $99,999.99
Annual Percentage Yield

7 to 31 days

0.10%

0.10%

0.20%

0.20%

1 month
(32 to 89 days)

0.20%

0.20%

0.20%

0.20%

3 months
(90 to 179 days)

0.25%

0.25%

0.30%

0.30%

6 months
(180 to 364 days)

0.25%

0.25%

0.30%

0.30%

1 year to 23 months

0.30%

0.30%

0.35%

0.35%

2 years to 35 months

0.35%

0.35%

0.40%

0.40%

3 years to 5 years

0.35%

0.35%

0.40%

0.40%

  1. Minimum balance required to open an account and to obtain the advertised Annual Percentage (APY) yield. APY assumes interest remains on deposit for the term of the account. A penalty may be applied for early withdrawal. Fees may reduce earnings on the account.

Interest Rates and Annual Percentage Yields are current as of 2020-10-21.

No ATM or debit card service allowed.

Cathay Bank

Email communication is not secure

Please do not include sensitive information such as account numbers or other personal information such as Social Security or Tax Identification numbers, driver’s license numbers, etc. in any email sent to us via this link.

Have a question?

Our team is happy to assist you with all your Business Banking needs. Please reach out to your branch or relationship manager for more information.