Deal Summary

5-year CD, 0.30% APY, minimum deposit $1000, dividends paid upon maturity

Bank of Hope’s Top CD Rates

Bank of Hope’s top CD rate is 0.30% APY. This rate is offered on the bank’s 5-year CD with a minimum deposit of $1000. The dividends earned on this CD are paid upon maturity.

The 3-year CD is a great alternative. The account offers an 0.25% APY with a $1000 minimum deposit. This account also pays you your dividends upon maturity.

For short-term investors the bank offers a 3 to 6-month CD. This CD offers an annual percentage yield of 0.15%. This CD is also obtainable with a $1000 minimum deposit. This CD is also paid out upon maturity.

Bank of Hope offers nine CDs. Each of these CDs can be opened with a $1000 minimum deposit. You are always welcome to invest more, but you don’t have to. These CD terms vary from 1-month to 5-years. The APY starts at 0.05% and builds to 0.30%. Each of Bank of Hope’s CD accounts is subject to early withdrawal penalties.


You must have a new account with Bank of Hope in order to get a CD with them. The account must be funded within 10 calendar days from the account opening date.

Branches in Alabama


Branches in California

Los Angeles, Cerritos, Diamond Bar, Buena Park, Gardena, Huntington Park, Colton, Irvine, La Crescenta, La Palma, Northridge, Oakland, Walnut, Rowland Heights, San Diego, Sunnyvale, Torrance, and Garden Grove.

Branches in Illinois

Arlington Heights, Glenview, Niles, Rolling Meadows and Skokie.

Branches in New Jersey

Englewood Cliffs, Fort Lee, and Palisades Park.

Branches in New York

Bayside, Flushing, Great Neck, New York City, and Woodside.

Branches in Texas

Dallas, North Richland Hills, and Houston.

Branches in Virginia

Annandale and Centreville

Branches in Washington

Federal Way, Lynnwood, Bellevue, and Lakewood.

Bank Overview

Bank of Hope is headquartered in Los Angeles, California and was founded 37 years ago. To this day, the bank provides services to the largest Korean-American community in the US. Overall, the bank has 58 branches and over $15 billion in assets.

Bank of Hope’s services include residential mortgage and warehouse lending, credit cards, equipment lease financing and foreign currency, among other things. They are also focused on helping their community particularly local students.

In fact, Bank of Hope has the Bank of Hope Scholarship Program that gives winners $2,500 to go towards their education. Aside from helping students, Bank of Hope also helps their community by supporting affordable housing units for low-income families, helping with disaster recovery and more.