Banks for You!

This is an accurate Cathay Bank CD rates December Review 2011 disclosing the reduction of the CD rates since our last visit. The terms of 180 days and greater are the CDs that have seen a reduction in what they return to those investing their money in them. The amount of the reduction is from 0.10% to 0.20%.

The following bank rates are available for all the regions that Cathay Bank has branch offices in. These states include Northern California, Southern California, Texas, Washington, New Jersey, New York, Massachusetts and Illinois.

The certificates of deposits rates from Cathay Bank are offered in a tiered format. The minimum deposit levels are $2,500 and $50,000.

The current bank CD rates include the 7 to 31 day CD that is earning an APY of 0.05% and 0.10% respectively. The 32 to 89 day CD is earning an APY of 0.10% and 0.15%.

The 90 to 179 day CD is earning an APY of 0.20% and 0.30% respectively. The 180 to 364 day CD is earning an APY of 0.40% and 0.40%.

The 1 year to 23 month CD is earning an APY of 0.60% and 0.60%. The 2 year to 35 month CD is earning an APY of 0.70% and 0.70%.

The best CD rates are from the 3 to 5 year CD that is earning an APY of 0.80% and 0.90%.

Cathy Bank customers can also invest in jumbo CDs. These rates are for deposit of $100,000 or more. This CD rates are only available at one of your many local Cathay Bank branch offices.

These Cathay CD rates were posted on December 8, 2011 but are subject to change without any prior notice.

Similar Posts:

• One West Bank CD Rates September Review 2011
• Virginia Heritage Bank CD Rates January Review 2012
• SchoolFirst Federal Credit Union CD Rates January 2012 Update
• ESB Bank CD rates November Review 2011
• EverBank CD Rates December 2011 Update