What bank is Yingkou Coastal Bank?

In the banking sector of platforms such as Jingdong Finance, investors often see products issued by Yingkou Coastal Bank. However, due to the low popularity of Yingkou Coastal Bank, many investors don't know much about it. So what is Yingkou Coastal Bank? Let's take a look together.

1. What is Yingkou Coastal Bank?

Yingkou Coastal Bank, established on 20 10, is a joint-stock city commercial bank approved by China Banking Regulatory Commission.

Second, Yingkou coastal bank deposit interest rate

Yingkou Coastal Bank, like other rural commercial banks, has physical banking outlets, which can handle current and time deposits. According to the data released by official website, a coastal bank in Yingkou, the deposit interest rate of this bank is 0.35%, which is consistent with the benchmark interest rate of the central bank.

The interest rate for lump-sum deposit and lump-sum withdrawal is 1.43% for three months, 1.69% for half year, 1.95% for one year, 2.73% for two years, 3.575% for three years and 4.5% for five years.

Compared with state-owned banks and joint-stock banks, Yingkou coastal banks have more advantages in time deposit interest rates.

However, Yingkou Coastal Bank launched a number of special deposit products on platforms such as Jingdong Finance, and the deposit interest rate in the same period was much higher than that announced by official website.

For example, the "Personal Deposit 360" product of Yingkou Coastal Bank of Jingdong Finance has a deposit term of 360 days and a deposit interest rate of 5.00%. Unlike time deposits, this product can be withdrawn at the same time, and the interest is calculated at the interest rate of 0.455%.

3. Is the deposit in Yingkou Coastal Bank safe?

Deposits handled by Yingkou coastal bank outlets and special deposits handled online belong to bank deposit products. For deposits within 500,000 yuan, banks need to pay in full according to the deposit insurance regulations, so the deposits in Yingkou coastal banks are relatively safe.

The above information about what kind of bank Yingkou Coastal Bank is, I hope it will help you. Warm reminder, financial management is risky and investment needs to be cautious.