CIBC Bank USA

Branches

Your current location is: New York, NY

CIBC Bank USA Locations

Rates - August 19, 2018

Your current location is: New York, NY

SAVINGS RATES APY MIN MAX
SAV
1.90% $0 - Compare

Overview 2018

General Bank Information

FDIC Insured Yes
FDIC Certificate # 33306
Date Established 1991
Assets $25.59 billion
Loans $17.07 billion
Deposits $17.82 billion
Capital $5.42 billion

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $0.73 billion
Interest-bearing balances $0.58 billion
Total securities $4.11 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $17.07 billion
Loan loss allowance $0.08 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 $3.12 billion
All other assets $0.50 billion
     Total Assets $20.18 billion

LIABILITIES
Total deposits $17.82 billion
      Interest-bearing deposits $11.68 billion
      Deposits held in domestic offices $17.82 billion
      % insured (estimated) 34.21%
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 $0.30 billion
      Total Liabilities $20.18 billion
      Shareholders’ Equity $5.42 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $0.25 billion
Total Interest Expense $0.04 billion
Net interest income $0.21 billion
Provision for loan and lease losses $0.02 billion
Total non interest income $0.03 billion
Total non interest expense $0.13 billion
Pre-tax Net Operating Income $0.08 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.
    1.90%
    10.92x (National Avg. - 0.17%)
    $0
    -
    SCENARIO
    $compareResults
    Year Rate
    1.90%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 950 665
    2 50,950 968 678
    3 51,918 986 691
    4 52,904 1,005 704
    5 53,910 1,024 717
    6 54,934 1,044 731
    7 55,978 1,064 745
    8 57,041 1,084 759
    9 58,125 1,104 773
    10 59,229 1,125 788
    11 60,355 1,147 803
    12 61,502 1,169 818
    13 62,670 1,191 834
    14 63,861 1,213 849
    15 65,074 1,236 865
    16 66,311 1,260 882
    17 67,570 1,284 899
    18 68,854 1,308 916
    19 70,163 1,333 933
    20 71,496 1,358 951
    TOTAL $22,854 $15,998
  • 2
    ONLINE SAVINGS
    Online Bank
    -
    $50,000
    N.A.
    1.80%
    10.34x (National Avg. - 0.17%)
    $0
    -
    SCENARIO
    $compareResults
    Year Rate
    1.80%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 900 630
    2 50,900 916 641
    3 51,816 933 653
    4 52,749 949 665
    5 53,698 967 677
    6 54,665 984 689
    7 55,649 1,002 701
    8 56,651 1,020 714
    9 57,670 1,038 727
    10 58,708 1,057 740
    11 59,765 1,076 753
    12 60,841 1,095 767
    13 61,936 1,115 780
    14 63,051 1,135 794
    15 64,186 1,155 809
    16 65,341 1,176 823
    17 66,517 1,197 838
    18 67,715 1,219 853
    19 68,933 1,241 869
    20 70,174 1,263 884
    TOTAL $21,437 $15,006
  • 3
    ONLINE SAVINGS
    Online Bank
    -
    $50,000
    N.A.
    1.85%
    10.63x (National Avg. - 0.17%)
    $1
    -
    SCENARIO
    $compareResults
    Year Rate
    1.85%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 925 648
    2 50,925 942 659
    3 51,867 960 672
    4 52,827 977 684
    5 53,804 995 697
    6 54,799 1,014 710
    7 55,813 1,033 723
    8 56,846 1,052 736
    9 57,897 1,071 750
    10 58,968 1,091 764
    11 60,059 1,111 778
    12 61,170 1,132 792
    13 62,302 1,153 807
    14 63,455 1,174 822
    15 64,629 1,196 837
    16 65,824 1,218 852
    17 67,042 1,240 868
    18 68,282 1,263 884
    19 69,545 1,287 901
    20 70,832 1,310 917
    TOTAL $22,142 $15,500
  • 4
    ONLINE SAVINGS
    Online Bank
    -
    $50,000
    N.A.
    1.86%
    10.69x (National Avg. - 0.17%)
    $25,000
    -
    SCENARIO
    $compareResults
    Year Rate
    1.86%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 930 651
    2 50,930 947 663
    3 51,877 965 675
    4 52,842 983 688
    5 53,825 1,001 701
    6 54,826 1,020 714
    7 55,846 1,039 727
    8 56,885 1,058 741
    9 57,943 1,078 754
    10 59,021 1,098 768
    11 60,118 1,118 783
    12 61,237 1,139 797
    13 62,376 1,160 812
    14 63,536 1,182 827
    15 64,717 1,204 843
    16 65,921 1,226 858
    17 67,147 1,249 874
    18 68,396 1,272 891
    19 69,668 1,296 907
    20 70,964 1,320 924
    TOTAL $22,284 $15,599