Skip to main content
Banner Background

Certificates of Deposit

Growing your savings on your schedule

Certificates of Deposit or CDs provide a safe investment with a fixed interest rate through maturity. Whether you’re investing for a short-term goal or a longer-term financial need, our CDs provide the flexibility to help you grow your savings on your preferred timetable.

Earn higher returns

CDs can 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 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.

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)

0.30%

0.30%

0.35%

0.35%

3 months
(90 to 179 days)

0.40%

0.40%

0.50%

0.50%

6 months
(180 to 364 days)

0.50%

0.50%

0.60%

0.60%

1 year to 23 months

0.80%

0.80%

0.80%

0.80%

2 years to 35 months

0.90%

0.90%

0.90%

0.90%

3 years to 5 years

1.45%

1.46%

1.45%

1.46%

  1. Minimum balance required to open an account and to obtain the advertised annual percentage yield (APY). 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.
  2. Interest Rates and Annual Percentage Yields are current as of 2019-12-15.
  3. 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 Personal Banking needs. Please reach out for more information.