CIBC Bank USA: Savings Accounts & Rates

Savings rates updated: 8/18/2025

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 43 out of 81 tracked HYSAs)

Minimum Deposit: $1,000 | Online Only

National Savings Interest Rate: 0.38% (as of 7/21/2025)

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: 2.2/5

Google Play Rating: 2.0/5

Website: Visit CIBC Bank USA

Our Take on CIBC Bank USA

Highlights

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

Considerations

App Store rating is low at 2.2
Google Play rating is lower at 2.0
Limited branch availability across six states
Not BBB Accredited despite high rating

Summary: CIBC Bank USA offers a competitive APY of 4.02% on its Agility™ High-Interest Savings Account, with no maintenance fees and a low minimum deposit of $1,000. However, the bank has limited physical branches and low ratings on both app stores, which may concern some users. Additionally, while it has an A+ BBB rating, it is not accredited, which could impact trust for potential customers.

Savings Account: In-Depth View

Savings Account Offered by CIBC Bank USA

Feature	Agility™ High-Interest Savings Account
APY	4.02% (as of 8/18/2025)
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	Falling
Slope (bps/mo)	-5.1
Rate Changes / Mo	0.61
Days Since Last Change	35
High (-8 m)	4.51 %
Low (-8 m)	4.02 %
Draw-down from High	-10.9 %
Volatility (CV)	0.028

APY Insights Glossary

Latest APY: Most recent advertised annual-percentage yield.
Trend: Direction over the last 8 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 (-8 m): Highest APY in the last 244 days.
Low (-8 m): Lowest APY in the last 244 days.
Draw-down from High: How far today sits below the 8-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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Citizens Access™ - 3.50% APY
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FVCbank - 4.35% APY
GO2bank - 4.50% APY
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LendingClub - 3.20-4.20% APY
Live Oak Bank - 4.10% APY
Marcus by Goldman Sachs - 3.65% APY
My Banking Direct - 4.30% APY
MySavingsDirect - 3.75% APY
Neighbors Bank - 4.60% APY
Newtek Bank - 4.35% APY
OMB Bank - 1.00% APY
Openbank - 4.20% APY
Peak Bank - 4.35% APY
Pibank - 4.60% APY
PNC - 3.95% APY
Poppy Bank - 4.25% APY
Popular Direct - 4.05% APY
Presidential Bank - 4.00-4.50% APY
Prime Alliance Bank - 4.05% APY
Primis Bank - 4.20% APY
Quontic Bank - 3.75% APY
RBMAX - 4.15% APY
Rising Bank - 4.30% APY
ROGER - 4.12% APY
Salem Five Direct - 4.01% APY
Sallie Mae Bank - 3.90% APY
Santander Bank - 0.03% APY
SoFi Bank - 3.80% APY
Synchrony Bank - 3.80% APY
TAB Bank - 4.15% APY
TD Bank - 0.05-3.00% APY
The State Exchange Bank - 3.05% APY
TIMBR - 4.40% APY
UFB Direct - 4.01-4.21% APY
Upgrade - 4.02% APY
Valley Direct - 4.30% APY
Varo Bank - 2.50-5.00% APY
Wells Fargo - 0.05-2.51% APY
Western Alliance Bank - 4.30% 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 8/18/2025)	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