CA CD Rates at Far East National Bank

Far East National Bank is a federally chartered bank that provides personal and business banking services.  The bank offers checking accounts, savings accounts, and certificate of deposit accounts, as well as mortgage, home equity, and credit loans for individuals.  The bank was founded in 1974 and is based in Los Angeles, California.

Far East National Bank was the first federally chartered Asian American bank in the United States.  Far East National Bank has over 300 employees and total assets exceeding $2.05 billion.  Corporate and individual banking services are provided through a total of 13 bank branches in Los Angeles, Orange County, San Francisco, and Oakland, along with an overseas Beijing Representative Office, and a branch in Ho Chi Minh City, Vietnam.

The bank became a wholly-owned subsidiary of Taiwan’s Bank SinoPac in 1997.  SinoPac Holdings has total assets of approximately $34 billion, serving more than 2.5 million customers throughout Asia and North America from over 220 service locations.  Through SinoPac Holdings’ financial network in the Pacific Rim, Far East National Bank provides its customers with a financial service platform to help integrate their personal and business interests in the United States, Taiwan, China, Hong Kong, Macau, and Vietnam.

Throughout the entire SinoPac financial services umbrella, the bank provides a wide array of financial services, which encompass commercial real estate lending, corporate banking, investments, treasury and foreign exchange, small business loans, mortgages, and other consumer businesses.

Certificate of deposits offered by the bank provide a savings vehicle that features fixed rates and terms.  The bank CDs can be valuable savings vehicles with flexible CA CD rates and terms that can be based on an individual’s goal.

Far East National Bank offers a plethora of bank CD terms and CA CD rates to choose from.  Current CD rates in California that require an initial $1000.00 deposit include the following:

15 day CD rate is 0.20%
30 day CD has an interest rate of 0.35%
60 day CD earns a rate of 0.60%
90 day CD rate is 1.20%
180 day CD yields a rate of 1.35%
1 year CD rate is 1.53%
18 month CD has an interest rate of 1.80%
2 year CD rate is 2.00%
3 year CD earns a rate of 2.40%
4 year CD has a rate of 2.50%
5 year CD rate is also set at 2.50%

The bank also offers a special bank CD that is a flexible CD that allows an interest rate bump, additional deposits, and a one-time withdrawal without penalty.  This bank CD has a one year term, requires a $10,000.00 minimum deposit and has a CD rate of 1.20%.

Annual percentage yields (APYs) on CA CD rates are effective of today’s date and are subject to change at any time without notice by the bank.  Check with a local Far East National Bank branch for the most current available CA CD rates or call 866-336-2872.  For additional terms and conditions that apply to a bank CD account and the bank CD rates, refer to the bank’s deposit agreement and fee schedule for that account.  California CD rates and other bank account product information is also available on the bank website located at www.fareastnationalbank.com.

Tags: 1 year CD rate, 180 day CD rate, 2 year CD rate, 5 year CD rate, 90 day CD rate, bank CDs, CA CD rates, California CD rates, CD rates, certificate of deposits, checking accounts, current CD rates, Far East National Bank, interest rate, rates, savings, savings accounts

This entry was posted on Tuesday, August 4th, 2009 at 2:59 pm and is filed under Bank Promotions. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.