Overview

Where does East West Bank Checking Account do business?

East West Bank Checking Account is based in Pasadena, CA. It was founded in 1973 and offers checking accounts services in 7 states across the USA.

East West Bank Checking Account is a member of the Federal Deposit Insurance Corporation (FDIC). The FDIC insures deposits in checking accounts, savings accounts, certificates of deposit (CDs), and money market accounts up to $250,000 per depositor if a member institution fails.

What APY does East West Bank offer?

East West Bank Checking Account offers an APY of 0.03% (APY stands for annual percentage yield, rates may change).

What features and perks does East West Bank Checking Account offer?

This account includes the following features:

• Free Bill Pay - Bill Pay allows you to receive ebills directly to your account and pay bills easily from your account.
• Mobile Banking - East West Bank Checking Account allows you to manage your money on the go without ever having to step in a brick-and-mortar bank. This includes depositing checks in your account with your smartphone.

What fees does East West Bank Checking Account charge?

This account charges a monthly maintenance fee of up to $12.

• Outgoing domestic bank transfers come with a $10 fee.
• Incoming domestic bank transfers come with a $5 fee.
• Outoing international bank transfers come with a $30 fee. You can save a ton of money in fees if you use use a nonbank money transfer service.
• Incoming international bank transfers come with a $10 fee.
• East West Bank Checking Account charges a $5 fee for an early account closure. Contact East West Bank Checking Account for more details on what is considered an early closure.
• Every returned deposit incurs in a $0 charge.