Hanmi Bank CD Rates: Updated Rates

Hanmi Bank CD rates on the bank's Diamond Freedom certificates of deposit are competitive and have an interesting feature. Current Diamond Freedom CD rates at Hanmi Bank for CD accounts with terms of 12 and 24 months are at 0.85 percent for balances of $100,000 or less. CD rates at Hanmi Bank for account balances from $100,000 to $250,000 are slightly higher at 0.90 0.95% percent. The interesting feature about the Diamond Freedom CD account is you can make up to six withdrawals totaling 50% of the balance without incurring a penalty. To find the best CD rates available today, compare other bank's CD rates to Hanmi Bank CD rates.

CD Rates at Hanmi Bank

Account Balances Under $100,000

Account Balances $100,000 to $249,999.99

Regular Certificates of Deposit at Hanmi Bank Fine Print

• Minimum opening balance $1,000
• Free Online & Mobile Banking
• Free Telephone Banking
• No additional deposits during the term
• CD account will automatically renew at maturity
• The daily balance method will be used to calculate the interest
• Interest is simple interest and will not be compounded
• Depositor will have option to choose from quarterly, semiannually, annually or at maturity (for the term one year or less) to receive the interest payment

Early Withdrawal Penalty Regular CD Accounts from Hanmi Bank

• For the term longer than one (1) year, the penalty amount will be equal to three (3) months’ simple interest of the withdrawal amount
• For the term 32 days to one (1) year, the penalty amount will be equal to one (1) month’s simple interest of the withdrawal amount
• For the term seven (7) to thirty one (31), the penalty amount will be the greater of (1) all interest earned on the withdrawal amount, or (2) seven days’ simple interest of the withdrawal amount, or (3) simple interest of opening balance for the one-half of the original term
• In certain circumstances such as death or incompetence of an owner of the account, the law permits, or in some cases requires, the waiver of the early withdrawal penalty

To find the highest CD rates today, compare online CD rates with Hanmi Bank CD rates.