CIBC Bank USA

Branches

Your current location is: New York, NY

CIBC Bank USA Locations

Rates - November 19, 2018

Your current location is: New York, NY

SAVINGS RATES APY MIN MAX

Overview 2018

General Bank Information

FDIC Insured Yes
FDIC Certificate # 33306
Date Established 1991
Assets $26.40 billion
Loans $17.79 billion
Deposits $18.50 billion
Capital $5.49 billion

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $0.67 billion
Interest-bearing balances $0.49 billion
Total securities $4.23 billion
Federal funds sold and reverse repurchase $0.02 billion
Net loans and leases $17.79 billion
Loan loss allowance $0.11 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $3.11 billion
All other assets $0.53 billion
     Total Assets $20.92 billion

LIABILITIES
Total deposits $18.50 billion
      Interest-bearing deposits $12.52 billion
      Deposits held in domestic offices $18.50 billion
      % insured (estimated) 33.21%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $2.06 billion
Subordinated debt $0.00 billion
All other liabilities $0.36 billion
      Total Liabilities $20.92 billion
      Shareholders’ Equity $5.49 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $0.51 billion
Total Interest Expense $0.09 billion
Net interest income $0.42 billion
Provision for loan and lease losses $0.05 billion
Total non interest income $0.06 billion
Total non interest expense $0.23 billion
Pre-tax Net Operating Income $0.19 billion

CIBC Bank USA is an FDIC insured institution headquartered at 120 South Lasalle Street , Suite 400, Chicago, IL 60603.
It was founded in 1991 and has approximately $26 billion in assets. Customers can open an account at one of its 29 branches.

Savings Comparison

This analysis is for demonstrative purposes only. Savings rates may go up or down, and CD rates may not be renewable for the length of the term of the analysis.

PRODUCT
BANK
BANK TYPE
STATE
AMOUNT
TERM
APY
VS.NATL'L AV.
MIN
MILES

Tax Rate: 30%

All calculations are for demonstration purposes only.

  • 1
    ONLINE SAVINGS
    Bank
    -
    $50,000
    N.A.
    2.16%
    11.02x (National Avg. - 0.20%)
    $0
    -
    SCENARIO
    Year Rate
    2.16%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 1,080 756
    2 51,080 1,103 772
    3 52,183 1,127 789
    4 53,310 1,152 806
    5 54,462 1,176 823
    6 55,638 1,202 841
    7 56,840 1,228 859
    8 58,068 1,254 878
    9 59,322 1,281 897
    10 60,604 1,309 916
    11 61,913 1,337 936
    12 63,250 1,366 956
    13 64,616 1,396 977
    14 66,012 1,426 998
    15 67,438 1,457 1,020
    16 68,894 1,488 1,042
    17 70,382 1,520 1,064
    18 71,903 1,553 1,087
    19 73,456 1,587 1,111
    20 75,042 1,621 1,135
    TOTAL $26,663 $18,664
  • 2
    ONLINE SAVINGS
    Online Bank
    -
    $50,000
    N.A.
    2.05%
    10.46x (National Avg. - 0.20%)
    $1
    -
    SCENARIO
    Year Rate
    2.05%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 1,025 718
    2 51,025 1,046 732
    3 52,071 1,067 747
    4 53,138 1,089 763
    5 54,228 1,112 778
    6 55,339 1,134 794
    7 56,474 1,158 810
    8 57,632 1,181 827
    9 58,813 1,206 844
    10 60,019 1,230 861
    11 61,249 1,256 879
    12 62,505 1,281 897
    13 63,786 1,308 915
    14 65,094 1,334 934
    15 66,428 1,362 953
    16 67,790 1,390 973
    17 69,180 1,418 993
    18 70,598 1,447 1,013
    19 72,045 1,477 1,034
    20 73,522 1,507 1,055
    TOTAL $25,029 $17,520
  • 3
    ONLINE SAVINGS
    Online Bank
    -
    $50,000
    N.A.
    2.15%
    10.97x (National Avg. - 0.20%)
    $100
    -
    SCENARIO
    Year Rate
    2.15%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 1,075 753
    2 51,075 1,098 769
    3 52,173 1,122 785
    4 53,295 1,146 802
    5 54,441 1,170 819
    6 55,611 1,196 837
    7 56,807 1,221 855
    8 58,028 1,248 873
    9 59,276 1,274 892
    10 60,550 1,302 911
    11 61,852 1,330 931
    12 63,182 1,358 951
    13 64,540 1,388 971
    14 65,928 1,417 992
    15 67,345 1,448 1,014
    16 68,793 1,479 1,035
    17 70,272 1,511 1,058
    18 71,783 1,543 1,080
    19 73,326 1,577 1,104
    20 74,903 1,610 1,127
    TOTAL $26,513 $18,559