Cathay Bank Review

A bank serving Asian-American communities in the U.S.

4.1/5

Customer Satisfaction

1962

Established

$23.00

Total Assets

Featured Products

Checking:
Basic Checking$6.00/month
Savings:
Regular Savings50.00% APY
Credit:
Visa Platinum1% cash back
Mortgage:
30 Year Fixed6.50% interest rate
FDIC insured up to $250,000 per depositor (Certificate: 18522)

Fee Rating

3.3/5

Lower is better

FDIC Insured

Yes

Certificate: 18522

Digital Banking

4.0/5

Online & Mobile Experience

Branch Network

70

Physical Locations

Key Features

  • Multilingual services, business banking.

Bank Information

Routing Number

122203950

Branch Hours

Mon-Fri: 9am-5pm, Sat: 9am-12pm, Sun: Closed

Customer Service

1-800-XXX-XXXX

M-F 9-5

Headquarters

Los Angeles, CA

Years in Business

63 years (Est. 1962)

Login Information

Online Banking Login

Access Online Banking

Mobile Banking

Cathay Mobile

Password Requirements

8–16 chars; special char req’d

Two-Factor Authentication

SMS only

Forgot Password

Reset Password

Security Features

HTTPS encryption; timeout auto‑logout

Login Instructions

Navigate to Online Banking → click “Login” → enter User ID & password

Login Help

Call customer service: 1-800-XXX-XXXX

Hours: M-F 9-5

Accounts & Products

Checking

Basic Checking

Monthly Fee

$6

Minimum Balance

$500

Card Type

$Debit

Minimum Deposit

$50

Overdraft Fee

$30

ATM Fee

$2

Mobile Banking
Mobile Deposit
Direct Deposit
View Details

Savings

Regular Savings

APY

$50.00%

Annual Earnings

$50.00

Compounds

$Quarterly

Minimum Balance

$300

Monthly Fee

$5

Withdrawal Limit

$6/month

Online Banking
Mobile Banking
Automatic Transfers
View Details

Credit Card

Visa Platinum

Annual Fee

$0

Cash Back

$1%

APR Range

$14.99% - 24.99%

Network

$Visa

0% Intro APR for 6 months
Signup Bonus: 2,500 points
View Details

Mortgage

30 Year Fixed

Interest Rate

$6.5%

APR

$6.65%

Term

$30 Years

Min Down Payment

$5%

Min Loan Amount

$50,000

Max Loan Amount

$1,000,000

First-Time Homebuyer Program
FHA Loans
View Details

Digital Banking Experience

Mobile App Rating

4.1/5

Very Good mobile experience

Online Banking

4.0/5

Very Good online experience

Customer Service

4.2/5

Very Good customer support

Digital Features

Online bill pay
Mobile check deposit
Person-to-person payments
Account alerts and notifications
Mobile wallet compatibility
Secure messaging

Ready to Start Banking with Cathay Bank?

Visit their website to explore account options and start your application