Hanmi Bank CD Rates Update
Hanmi Bank is a popular bank on the West Coast and we here at Highest CD Rates Info like to keep an eye on how their CD offers are doing. A few things have changed since last we looked at Hanmi Bank CD rates, so let’s have a new look.
Hanmi is not compounding interest on Hanmi Bank certificate of deposit rates, which could change how your yield turns out. They do have a more competitive $1,000 minimum deposit requirement to open and maintain, however, and interest can still be credited to the CD, to another Hanmi Bank account, or by check. The bank does limit deposits, however, and does not allow adding to your CD during its term.
Currently, the highest CD rates are offered on their Internet-based Hanmi Bank CD rates at 1.21% annual percentage yield (APY). These are offered in 3, 5, 6, or 12 month terms, all at the same yield. These are very competitive offers from Hanmi CD rates and are nationally some of the best.
The listed rates are only available online, however, and are not available in any local branch. Rates can be even higher if you have a current relationship with Hanmi as well.
Of course, Hanmi Bank is fully FDIC insured. If this special offer appeals to you, lock in your Hanmi Bank certificate of deposit rates today.