East West Bank
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A subsidiary of East West Bancorp, East West Bank is one of the largest independent banks, founded in 1973 in Los Angeles, CA, and headquartered in Southern California.
It focuses on serving the American-Chinese community, operating over 125 locations across the United States (California, Georgia, Massachusetts, Nevada, New York, Texas and Washington), and the Greater China (Hong Kong, Shanghai, Shantou and Shenzhen, with representative offices in Beijing, Chongqing, Guangzhou, and Xiamen).
Since 2010, East West Bank has constantly ranked among Forbes' top 15 America's best banks.
East West Bank’s diverse range of personal checking accounts includes:
- Value Checking Account,
- Premier Checking Account,
- Premier Maximizer Money Market Checking Account,
- Student Plus Checking Account,
- Senior Checking Account,
- Community Checking Account.
While seemingly compelling, these checking account offers don’t always compensate for the hefty fees, so we recommended considering several options before deciding to open a checking account with East West Bank.
| Bank | Monthly Service Charge | Minimum Deposit to Open | APY |
|---|---|---|---|
| East West Bank Value Checking Account | $5 | $100 | 0.00% |
| East West Bank Premier Checking Account | $10 (can be waived / reduced) | $100 | n/a |
| East West Premier Maximizer Money Market Checking Account | $12 (can be waived) | $10,000 | n/a |
| East West Bank Student Plus Checking Account | $0 | $100 | 0.00% |
| East West Bank Senior Checking Account | $0 | $100 | 0.00% |
| East West Bank Community Checking Account | $0 | $25 | 0.00% |
