Back

Statement Savings

-A A +A

Share

An easy way to start your savings plan

Enjoy a basic savings account with a quarterly statement. Statement Savings accounts earn interest over time, which can help you reach your financial goals more quickly, and are a great option for anyone focused on savings.

Earn higher returns

Earns a variable tiered interest rate based on your balance.

Flexible access

Use your ATM card to access funds at Cathay Bank ATMs or our surcharge-free ATM network.

FDIC insured

Get FDIC protection on your account for up to $250,000 per depositor for each ownership category.

Daily compounding

The interest will compound daily and credit monthly.

Get to know Statement Savings

  • The minimum opening deposit is $100.
  • To avoid the $3 monthly maintenance charge, maintain a minimum daily balance of $500.
  • Automatic transfer service between deposit accounts or automatic loan payments.
  • 24/7 online account access and unlimited teller service.
  • Surcharge-free withdrawals at ATMs within the PULSE Select® / Money Pass® ATM network.
  • Account statement will be generated at the end of any month when account activity includes an electronic funds transfer (ACH).
Cathay Bank

Email communication is not secure

Please do not include sensitive information such as account numbers or other personal information such as Social Security or Tax Identification numbers, driver’s license numbers, etc. in any email sent to us via this link.

Continue

Have a question?

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

Contact us