CIBC Bank USA: Savings Accounts & Rates

Savings rates updated: 10/1/2025

Mission statement: Banksparency aims to make CIBC Bank USA's savings accounts transparent and comparable to those of other banks. Learn more about Banksparency.

Note: Interest rates below are reported as APY, or Annual Percentage Yield

We earn a commission if you open an account through some links on this page.

Savings Overview

Agility™ High-Interest Savings Account: 4.02% APY(Rank 39 out of 83 tracked HYSAs)

Minimum Deposit: $1,000 | Online Only

National Savings Interest Rate: 0.4% (as of 9/15/2025)

Note: The FDIC tracks savings and CD rates nationally, but it does not report APY, only the average interest rate.

(Source: FDIC)

Bank Overview

Location: Chicago, Illinois (U.S. HQ)

Founded: 1991

Affiliation: CIBC Bank USA, formerly The PrivateBank and Trust Company, became a subsidiary of Canadian Imperial Bank of Commerce (NYSE: CM) in 2017.

Access to Branches: Banking centers can be found in California, Florida, Illinois, Michigan, Missouri, and Wisconsin

Deposit Insurance: FDIC Cert # 33306

BBB Rating: A+ (Not BBB Accredited)

App Store Rating: 2.1/5

Google Play Rating: 2.0/5

Website: Visit CIBC Bank USA

Our Take on CIBC Bank USA

Highlights

Current APY of 4.02% with no change from 30 days ago
No maintenance fees for the account
Minimum deposit requirement is only $1,000
A+ BBB rating indicates strong trustworthiness

Considerations

App Store rating is only 2.1
Google Play rating is only 2.0
No direct deposit requirement may limit some users
Not BBB Accredited despite high rating

Summary: CIBC Bank USA offers a competitive Agility™ High-Interest Savings Account with a 4.02% APY and no maintenance fees. The minimum deposit is $1,000, making it accessible for many savers. However, the bank has low ratings on both the App Store and Google Play, which may concern potential customers. Additionally, while it has an A+ BBB rating, it is not accredited, which could impact trust for some users.

Savings Account: In-Depth View

Savings Account Offered by CIBC Bank USA

Feature	Agility™ High-Interest Savings Account
APY	4.02% (as of 10/1/2025)
APY Trend	-0.09% QoQ
Minimum Deposit	$1,000
Minimum Balance for APY	$0.01
FDIC-insured	Yes
Online Only	Yes
Bundled Account	No
Direct Deposit Required	No
Compound Frequency	Monthly
Maintenance Fee	$0
Eligibility	United States
Sponsored Link
No deposit agreement summary available for this bank.

Calculate Savings for CIBC Bank USA

All calculations are based on APY.

Savings Product:

Agility™ High-Interest Savings Account (APY: 4.02%)

Initial Deposit:

Recurring Deposit Amount:

Deposit Frequency:

Duration:

Total savings breakdown:

Interest earned: $1,576.3 (10.12%)
Total contributions: $13,000 (83.46%)
Initial deposit: $1,000 (6.42%)

Your total balance

$15,576.30

Effective APY: 4.02% (based on your deposit and contributions)

The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.

CIBC Bank USA Savings Rates Over Time

Historical APY Insights

Metric	Agility™ High-Interest Savings Account
Latest APY	4.02 %
Trend	Sideways
Slope (bps/mo)	-4.6
Rate Changes / Mo	0.52
Days Since Last Change	80
High (-9 m)	4.51 %
Low (-9 m)	4.02 %
Draw-down from High	-10.9 %
Volatility (CV)	0.030

APY Insights Glossary

Latest APY: Most recent advertised annual-percentage yield.
Trend: Direction over the last 9 months (regression slope).
Slope (bps/mo): Average monthly change; 10 bps = 0.10 pp.
Rate Changes / Mo: Typical number of APY moves per month.
Days Since Last Change: Recency of the latest APY adjustment.
High (-9 m): Highest APY in the last 289 days.
Low (-9 m): Lowest APY in the last 289 days.
Draw-down from High: How far today sits below the 9-month peak.
Volatility (CV): Coefficient of variation = stdev ÷ mean.

Why Track Savings-Account APYs?

See how quickly a bank reacts to Fed moves or competition.
Gauge “twitchiness” - frequent moves can annoy savers.
Spot if you're buying near a peak (draw-down) or riding a rise.
Slope (bps/mo) shows speed of change.
Volatility (CV) scales jumps by average level.

Compare CIBC Bank USA's Savings Account

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Prime Alliance Bank - 3.90% APY
Primis Bank - 3.85% APY
Quontic Bank - 3.75% APY
RBMAX - 3.90% APY
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Salem Five Direct - 4.01% APY
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TD Bank - 0.05-3.00% APY
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TIMBR - 4.40% APY
UFB Direct - 3.90-4.10% APY
Upgrade - 3.42% APY
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Varo Bank - 2.50-5.00% APY
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Western Alliance Bank - 4.10% APY
Zynlo Bank - 4.35% APY

Feature	CIBC Bank USA	Select a bank...
Product	Agility™ High-Interest Savings Account	N/A
APY	4.02% (as of 10/1/2025)	N/A
Bundled Account	No	N/A
FDIC-insured	Yes	N/A
Online Only	Yes	N/A
Compound Frequency	Monthly	N/A
Minimum Deposit	$1,000	N/A
Minimum Balance for APY	$0.01	N/A
Maintenance Fee	$0	N/A
Direct Deposit Required	No	N/A