Open Commercial Analysis Checking
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Earn up to 0.75 additional basis points above our standard earnings allowance for the first 12 months1.
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Minimum opening deposit is $50,000.
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Offer only valid for new Commercial Analysis Checking accounts.
Deposit Tiers |
ECR* Basis Points |
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$50,000 to $100,000 |
current 1.10 + 0.25 |
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$100,001 to $500,000 |
current 1.25 + 0.50 |
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$500,001 and above |
current 1.40 + 0.75 |
*Earnings Credit Rate (ECR) is not a fixed rate and is subject to change at any time. For the life of the promotion the increase will remain fixed above the standard ECR during this time, as defined below.
Enjoy additional benefits when you open Commercial Analysis Checking:
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No monthly maintenance fee for ACH Origination for twelve billing cycles from the service start date2.
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A checking starter kit, which includes starter checks, deposit slips, and an endorsement stamp — at no additional cost6.
Save costs, capture business funds with special promotions:
Apply for an SBA 7(a) Loan |
Apply for a Premium Smart Capital Loan |
Save Even More |
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Upon approval, receive a discount on the loan packaging fee4: Standard $2,000 reduced to $1,000. Explore our SBA 7(a) Loan. |
Enjoy the WSJ Prime Rate +0.00%, no floor rate, and waived loan origination fees5. Learn about our Premium Smart Capital Loan. |
Check out our Merchant Services promotion3 |
Promotion Period: June 3 to September 30, 2024
Reach out to a Cathay Bank branch near you or submit the interest form below for more information!
See important details below.
- Offer valid for new Commercial Analysis Checking accounts only. The account must be opened during the promotion period with new money not currently on deposit at Cathay Bank. Commercial Analysis Checking: $50,000 minimum opening deposit, up to $20 monthly maintenance charge, and any of the account transaction fees listed in the Account Analysis Disclosure, can be offset by earnings allowance. The Earnings Credit Rate (ECR) consists of 3 tiers and is determined by the bank. Balances maintained in the account will determine the tier used to calculate allowance. The offer is not applicable to existing business clients who closed their Commercial Analysis Checking account between June 3 and September 30, 2024.
- The monthly maintenance fees for ACH origination will be waived for twelve (12) billing cycles from the date service is set up. The waived ACH origination maintenance fee will be posted to your account and then credited back during the promotional waived period. The 13th month the waiver for the ACH origination maintenance fee will be removed, the resulting fee can either be offset by earnings credit balances or charged to the account. If sufficient credit is not available to offset the entire fee, the portion that is unable to be offset (or the entire fee, if applicable) will be hard charged to the account.
- Cathay Merchant Services is offered and managed through Elavon, Inc. All applications are subject to approval by Elavon. Elavon is a registered trademark in the United States and/or other countries. All rights reserved. Offer subject to change without notice.
- Discount on SBA 7(a) program loan packaging fee: Standard loan packaging fee will be reduced to $1,000 (from $2,000). Terms and conditions apply.
- Terms and conditions apply. To receive WSJ Prime Rate +0.00%, no floor rate, a client must open a new Commercial Analysis Checking account with $50,000 minimum deposit and auto debit of monthly payment required. Opening a business checking account does not guarantee loan approval. Approval of Premium Smart Capital Loan is subject to current underwriting conditions, with promotional discount.
- Shipping and tax will be waived.
Cathay Bank reserves the right to withdraw these offers at any time.