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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 Filipino 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 Filipino 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%

0.15%

0.15%

1 month
(32 to 89 days)

0.15%

0.15%

0.15%

0.15%

3 months
(90 to 179 days)

0.20%

0.20%

0.25%

0.25%

6 months
(180 to 364 days)

0.20%

0.20%

0.25%

0.25%

1 year to 23 months

0.25%

0.25%

0.30%

0.30%

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 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.

Interest Rates and Annual Percentage Yields are current as of 2022-08-04.

No ATM or debit card service allowed.

Cathay Bank

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Have a question?

Our team is happy to assist you with all your Personal Banking needs. Please reach out for more information.