CIBC Bank USA

Last Updated: 6/20/2025

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

Quick Views

Agility™ High-Interest Savings Account: 4.11% APY(Rank 36 out of 74 tracked HYSAs)

Minimum Deposit: $1,000 | Online Only

National Savings Interest Rate: 0.42% (as of 5/19/2025)

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

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 4.11%, unchanged from 30 days ago.
No maintenance fees for the Agility™ High-Interest Savings Account.
A+ BBB rating indicates trustworthiness.

Considerations

App Store rating of 2.1 and Google Play rating of 2.0.
Not BBB Accredited, which may raise concerns.
Minimum deposit of $1,000 required to open the account.

Summary: CIBC Bank USA offers a competitive APY of 4.11% on its Agility™ High-Interest Savings Account, with no maintenance fees. However, users may be deterred by the $1,000 minimum deposit requirement and low app ratings of 2.1 and 2.0 on App Store and Google Play, respectively. While the bank holds an A+ BBB rating, it is not BBB Accredited, which may affect potential customers' trust.

Savings Account

Savings Account Offered by CIBC Bank USA

Feature	Agility™ High-Interest Savings Account
APY	4.11% (as of 6/20/2025)
APY Trend	Stable for the last month
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
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: 4.11%)

Initial Deposit:

Recurring Deposit Amount:

Deposit Frequency:

Duration:

Total savings breakdown:

Interest earned: $41 (3.94%)
Total contributions: $0 (0.00%)
Initial deposit: $1,000 (96.06%)

Your total balance

$1,041.00

Effective APY: 4.11% (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	4.11 %
Trend	Falling
Slope (bps/mo)	-5.3
Rate Changes / Mo	0.65
Days Since Last Change	41
High (-6 m)	4.51 %
Low (-6 m)	4.11 %
Draw-down from High	-8.9 %
Volatility (CV)	0.022

APY Insights Glossary

Latest APY: Most recent advertised annual-percentage yield.
Trend: Direction over the last 6 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 (-6 m): Highest APY in the last 186 days.
Low (-6 m): Lowest APY in the last 186 days.
Draw-down from High: How far today sits below the 6-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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Feature	CIBC Bank USA	Select a bank...
Product	Agility™ High-Interest Savings Account	N/A
APY	4.11% (as of 6/20/2025)	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