1 Promotional Annual Percentage Yield (APY) available for 12-month personal or business CD opened with new money during the promotion period only. Opening deposit cannot be transferred from an existing Cathay Bank account. APYs stated effective as of 8/21/2017 and subject to change at our discretion. Minimum balance required in the CD to earn the promotional APY is the same as the opening deposit amount. Promotional APYs will apply to CDs renewing during the promotional period only if a minimum of $20,000 new money is added to the renewing 12-month CD. No other bonus rates available for this promotion. Penalty may be imposed for early withdrawal. Fees could reduce earnings on the account.
2 Offer valid for Cathay ValuePlus which is a variable, tiered rate personal checking account. Account must be opened during the promotion period with new money only. Minimum deposit required to open the Cathay ValuePlus is $2,000. A monthly maintenance charge of $15 will apply if a minimum daily balance of $2,000, or $10,000 in combined consumer deposit account balances, is not met. Current balance tiers and APYs are: $2,000.00 - $9,999.99 earns 0.10% APY, $10,000.00 - $24,999.99 earns 0.10% APY, $25,000.00 - $99,999.99 earns 0.15% APY, $100,000.00 and up earns 0.20% APY. APYs effective as of 7/28/2017; interest rate and APY may change after account opening without prior notice. Fees may reduce the earnings on the account.
3 Offer valid for Advanced Business or Commercial Analysis Checking account only. Account must be opened during the promotion period with new money only. Advanced Business Checking: $3,000 minimum opening deposit. $15 monthly maintenance charge (may be waived with required minimum daily balance; ask for details). Activity fees apply. Commercial Analysis Checking: $200 minimum opening deposit. $16 monthly maintenance charge (may be offset by earnings credit), and activity fees may apply.
Customers who already have a Cathay ValuePlus account or Advanced Business or Commercial Analysis Checking just need to open the 12-month term CD with the qualifying deposit as indicated to receive the promotional APY on the CD.
Cathay Bank reserves the right to withdraw these offers at any time.
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