East West Bank

Headquarters

135 N. Los Robles Avenue, 7th Floor
Pasadena, CA 91101
See all branch locations →

Phone 626 768 6000

Notable Rates APY Vs.Others
Savings 0.05% 0.95% →
1-Year CD 0.10% 1.01% →
2-Year CD 0.15% 0.95% →
5-Year CD 0.30% 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

East West Bank is an FDIC insured institution located in Pasadena, CA. It was founded in 1972 and has approximately $45.94 billion in assets. Customers can open an account at one of its 126 branches.

FDIC Insured Yes
FDIC Certificate # 31628
Date Established 1972
Assets $ 45.94 billion
Loans $ 35.34 billion
Deposits $ 38.92 billion
Capital $ 4.86 billion
 

For a more detailed analysis of East West Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - October 20, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.05% $2,500 $4,999 Learn More
Money Market
0.05% $2,500 $2,999 Learn More
Money Market
0.10% $10,000 $14,999 Learn More
Money Market
0.10% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.05% $10,000 $14,999 Learn More
3 Mo CD
0.15% $100,000 $199,999 Learn More
6 Mo CD
0.05% $10,000 $14,999 Learn More
6 Mo CD
0.10% $100,000 $199,999 Learn More
12 Mo CD
0.10% $10,000 $14,999 Learn More
12 Mo CD
0.10% $100,000 $199,999 Learn More
18 Mo CD
0.10% $10,000 $14,999 Learn More
18 Mo CD
0.10% $100,000 $199,999 Learn More
24 Mo CD
0.15% $10,000 $14,999 Learn More
24 Mo CD
0.15% $100,000 $199,999 Learn More
36 Mo CD
0.15% $10,000 $14,999 Learn More
36 Mo CD
0.15% $100,000 $199,999 Learn More
48 Mo CD
0.20% $10,000 $14,999 Learn More
48 Mo CD
0.20% $100,000 $199,999 Learn More
60 Mo CD
0.30% $10,000 $14,999 Learn More
60 Mo CD
0.30% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1 $99 Learn MoreShow Less
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less
Checking Rates APY MIN FEE
EWB Value Checking 0.00% $1,500 $5.00 Learn MoreShow Less
EWB Premier Checking 0.00% $2,500 $10.00 Learn MoreShow Less

Loan Rates - October 20, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for East West Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
3.620% 3.500% 1.00 $3,750 $1,123 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.575% 2.500% 1.00 $2,468 $988 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info
People's United Bank, N.A.
People's United Bank, N.A.
See Table
4.000 %
$0 Learn More
More Info

Note to East West Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

East West Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


East West Bank Locations


Financial Details

East West Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of East West Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
East West Bank U.S. Bank Average
2.7% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2020, East West Bank had $126,667,000 in non-current loans and $19,504,000 in owned real estate. To cover these potential losses it had $4,859,473,000 in equity and $557,003,000 in loans loss reserves. That gives it a Texas Ratio of 2.7%.

Return on Equity
East West Bank U.S. Bank Average
12.04% 7.80%

East West Bank has a Return on Equity of 12.04% versus the BestCashCow average of 7.80%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
East West Bank U.S. Bank Average
10.58% 12.68%

East West Bank has a Capitalization of 10.58% versus the BestCashCow average of 12.68. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

East West Bank Balance Sheet Analysis

As of March 31, 2020, East West Bank had assets of $45,939,280,000, loans of $35,337,984,000, and deposits of $38,923,469,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2020
ASSETS
Cash & Balances due from depository institutions $ 3.32 billion
Interest-bearing balances $ 2.89 billion
Total securities $ 3.73 billion
Federal funds sold and reverse repurchase $ 916.00 million
Net loans and leases $ 35.34 billion
Loan loss allowance $ 557.00 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 19.50 million
Goodwill and other intangibles $ 480.32 million
All other assets $ 1,926.76 million
     Total Assets $ 41.08 billion
LIABILITIES
Total deposits $ 38.92 billion
      Interest-bearing deposits $ 26.85 billion
      Deposits held in domestic offices $ 36.86 billion
      % insured (estimated) 41.67%
Federal funds purchased and repurchase agreements $ 450.00 million
Trading liabilities N.A.
Other borrowed funds $ 718.25 million
Subordinated debt N.A.
All other liabilities $ 988.09 million
      Total Liabilities $ 41.08 billion
      Shareholders’ Equity $ 4.86 billion

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 449.47 million
Total Interest Expense $ 85.15 million
Net interest income $ 364.32 million
Provision for loan and lease losses $ 74.66 million
Total non interest income $ 51.30 million
Total non interest expense $ 173.72 million
Pre-tax Net Operating Income $ 167.25 million

Bank Loan Profile?

The top three loan types in East West Bank’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and 1-4 Family Residential Loans.

Compared to other banks in California, East West Bank has a significantly higher percent of Commercial and Industrial Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 26.25
Multifamily
Mortgages
7.62
Credit Card Loans 0.01
Consumer Auto Loans 0.00
Small Business Loans 1.97
Construction and Development Loans 1.80
Commercial Real Estate 31.45
Commercial and Industrial Loans 28.28
Farm Loans 0.04

Frequently Asked Questions About East West Bank

Branches and Savings

Is East West Bank FDIC insured?

Yes. It is covered under FDIC Certificate #31628.

Why does East West Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are East West Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is East West Bank a commercial bank?

Yes

Where are East West Bank locations?

See branch locations nearby.

Is East West Bank open on Saturdays?

Is East West Bank open on Sundays?

What time does East West Bank open?

What time does East West Bank close?

Are East West Bank ATMs Open 24/7?

Do East West Bank ATMs accept cash deposits?

Can East West Bank customers use other ATMs?

Do East West Bank branches have notaries?

Will East West Bank notarize my document?

What address for East West Bank should I put for incoming ACH transfers?

Will the East West Bank branch print checks?

Do East West Bank checks expire?

Does East West Bank require US citizenship to open account?

Can East West Bank close my account?

Does East West Bank Report to credit bureaus?

Does East West Bank Use Equifax?

What is East West Bank's ACH Routing Number?

What is East West Bank's SWIFT code?

Products

Does East West Bank offer mortgages?

Compare mortgage rates here.

Does East West Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does East West Bank offer personal loans?

Compare personal loan rates here.

Does East West Bank offer student loans?

Will East West Bank cash a check?

Will East West Bank redeem a savings bond?

Does East West Bank cash savings bonds?

Will East West Bank cash money orders?

Can East West Bank issue a money order?

Does East West Bank do currency exchange?

Background on The Bank

Who owns East West Bank?

How long has East West Bank been around?

Can East West Bank transfer to other banks?

Does East West Bank have quick pay?

Does East West Bank accept rolled coins?

Will East West Bank accept loose change?

Where is East West Bank headquarters?

Customer Reviews for East West Bank


  • August 30, 2020 |

    Borrowers beware. I recently applied for a no cash out refi owner occ with a LTV of 15% and 800 fico.
    First they send docs for their portfolio program which was not the product I requested. I wanted a fnma 30 year fixed. I am self employed with rentals. My income was MORE than sufficient to support the payment . I would be lowering my payment form $1600 to $700 monthly. I provide more than enough information to qualify. I was actually prequalified by their rep. The underwriting is terrible they do NOT know Fannie Mae guidelines. The do NOT ask questions if they don't understand something in your file. They are They are DISCRIMINATORY towards MON-Asian clients. They sent me a denial letter based off an assumption without bothering to ask for for a letter of explanation . Had they asked they would have seen the underwriter was totally incorrect. You do NOT make decisions on a borrowers loan based income off what you think you ask questions. When I offered to correct the underwriter I was told my rate expired and I would need to reapply at the higher rate or apply for their portfolio loan. AWW their portfolio loan with the higher rate. That's what they were pushing me towards from the beginning.Why would I do that with more than sufficient income and excellent credit and a $160,000 loan on a $625,000 home. I think not. Run from this company I strongly suggest you apply to a lender with experienced fnma underwriters. I also have bank accounts with them that I will be closing Monday.

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