If you have roots both in California and the Pacific Rim, then opening a bank account with Far East National Bank is probably a necessity for you. Not only will you be able to access your money wherever your travels may take you, the bank’s savings account rates are right on point with the current offerings in the banking industry.
The earning potential from a Far East National Bank savings account rate is based on how much money customers choose to deposit.
The earning tiers are:
- Balances less than $10,000 qualify for a .20% APY
- Balances ranging from $10,000 to $99,999.99 can earn a .30% APY
- Balances starting at and exceeding $100,000 can earn a .50% APY
Additional terms you need to be aware of to qualify for this savings interest rate include:
- Minimum opening balance of $200 required
- Minimum daily balance of $200 required to avoid monthly penalty charge of $3
- Account only grants three withdrawals monthly without penalty
- A $1.50 penalty will be charged for excess transactions if daily minimum balance drops below $1,000
- Interest compounded daily and distributed monthly
- Interest rates are variable and subject to change at the bank’s discretion
- FDIC insured
Far East National Bank was the first federally chartered Asian American Bank in the nation and has roots dating back till 1974. Whether you are chilling in California or Asia, the Far East National Bank has an option for you. The financial institution has several locations in Beijing, China and Ho Chi Minh City, Vietnam as well as options around the Golden State.
>> Top Savings Account Interest Rates
Current Far East National Bank CD Rates
- 6 Month CD Rate Far East National Bank
- 12 Month CD Rate Far East National Bank
- 2 Year / 24 Month CD Rate Far East National Bank
Other Far East National Bank Rates
Other Terms and Conditions may apply. Additionally, rates may have changed since this offer was posted. Please contact the financial institution for the most recent rate updates and to review the terms of the offer.
