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Compare American Express Bank CD Rates and Savings Accounts to MoneyAisle

  • About American Express Bank:
    Headquartered in Salt Lake City, UT, American Express Bank is the 44th largest bank in the U.S. Amex is also the 7th largest bank in UT.
  • As of 3/31/2009, American Express Bank has 1 branch and 90 full-time employees.
  • The current holding company of Amex, established on 12/1/2000 is American Express Bank, FSB. (no holding company).
  • Amex has $30.4 Billion in total assets and the net operating income of American Express Bank is -$96 Million.
  • American Express Bank, however, is just one bank. If you're looking for the best CD Rates from an FDIC-insured institution, having many banks compete against each other is a quick and easy way to find great rates. Try it now: Compare American Express Bank to our Live Auction CD rates.

American Express Bank - Fast Facts

  • Bank Legal Name: American Express Bank, FSB.
  • FDIC #: 35328
  • Headquarters: Salt Lake City, UT
  • Date Established: December 01, 2000

American Express Bank - Financials

Q4-08 Q1-09 Change
Rank in US by Asset Size 44 44 0
Total Assets $30 B $30 B $529 M
Cash & Balances Due from Depository Institution $4,239 M $2,651 M $1,587 M
Total Deposits $8,434 M $9,351 M $917 M
Total Liabilities $26 B $26 B $151 M
Net Operating Income $762 M $96 M $857 M
Net Interest Income $2,170 M $555 M $1,615 M
Branches 1 1 0
Employees 97 90 7

Data from FDIC as of 12/31/2008 and 3/31/2009

Recent National Live Auction CD Rates
for March 20, 2010

Term National Avg APY* Overnight
Auction APY
High-Yield Savings Account Rates 0.20% 1.50%
3 Month CD Rates 0.29% 1.01%
9 Month CD Rates 0.69% 1.26%
1 Year CD Rates 0.69% 1.70%
2 Year CD Rates 1.16% 2.06%

More National CD Rates

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*Source: TheStreet.com

†Overnight Auction APY is a sample rate for a nightly auction for a $50,000 deposit.

* Annual Percentage Yield ("APY")