Certificate of Deposit (CD)
CD is a fixed interest rate account that provides you the flexibility of selecting the deposit term and amount that works best for you. Withdrawals from a CD account before term maturity will incur an early withdrawal penalty.
Key features
• Fixed interest rates; compounded daily
• Minimum opening balance of $1,000
• Automatic renewal on term maturity
• Flexible terms from 32 days to 5 years
You must have a valid East West Bank checking or savings account to apply for a CD. Please ensure you have a sufficient qualifying available balance in your funding account before you apply.
For more details, view Deposit Account Agreement and Product Terms and Conditions
Still have questions? View our FAQ’s