Bank · FDIC insured
Cathay Bank CD Rates
Cathay Bank’s best CD rate is 3.85% APY on a 1-year CD. Terms run from 6 months to 1 year. Rates checked October 16, 2026.
How Cathay Bank’s CD rates compare
Compared with banks and credit unions in California, where Cathay Bank has the most branches. $10,000, best rate first.
This bank’s best
Cathay Bank
3.85%APY
- Term
- 12 months
- Requires
- None
- Minimum
- $50,000
- Earns on $10,000
- —
Summer CD Special
Top rate
Schools Federal Credit Union
5.90%APY
- Term
- 12 months
- Requires
- Another account
- Minimum
- $5,000
- Earns on $10,000
- $590
2nd-highest rate
LA Healthcare FCU
4.86%APY
- Term
- 12 months
- Requires
- None
- Minimum
- $1,000
- Earns on $10,000
- $486
Every rate
Current CD rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
Summer CD Special
Up to 3.85%APY · 2 terms
Promotional period from July 31 to November 10, 2026. Requires opening a new CD with a minimum deposit of $50,000 in new funds (funds not currently on deposit at Cathay Bank, excluding funds from accounts closed within the previous 10 business days) or renewing an existing CD with a minimum of $25,000 in new funds. Early withdrawal penalty will or may be imposed.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 6 monthsPromotional 6-month term CD. Requires $50,000 opening deposit in new funds ($25,000 in new funds for CD renewals). Minimum balance to earn promotional APY is $50,000 | 3.65% | — |
| 12 monthsPromotional 12-month term CD. Requires $50,000 opening deposit in new funds ($25,000 in new funds for CD renewals). Minimum balance to earn promotional APY is $50,000 | 3.85% | — |
Sources (1)
- cathaybank.com/2026-Summer-CD-Promotion · captured Oct 16, 2026
Opening an account
Confirm the bank’s opening requirements and whether the account is available where you live. A nearby branch does not establish eligibility for every rate.