Hana Bank USA, National Association money market rates
Hana Bank USA, National Association's Preferred Money Market advertises a promotional rate of 3.80% APY. A $10,000 balance earns 3.80%, which is 3.42 percentage points above the national savings average of 0.38% (FDIC, Oct 2026).
The rate needs a linked account at the bank.
Hana Bank USA, National Association at a glance
| Savings | |
|---|---|
| Top savings APY | Up to 3.80% · Preferred Money Market · needs a linked account at the bank · promotional rate |
| Minimum to open | $500 · Preferred Money Market |
| Against the national average | 3.42 percentage points above the 0.38% FDIC savings average (Oct 2026) |
| Money market | |
| Top money market APY | Up to 3.80% · Preferred Money Market · needs a linked account at the bank · promotional rate |
| Minimum to open | $500 · Preferred Money Market |
| Against the national average | 3.17 percentage points above the 0.63% FDIC money market average (Oct 2026) |
| FDIC certificate | 26790 · Fort Lee, NJ |
|---|---|
| Website | www.hanabank.us |
| Branches | 4 branches in CA, NJ, NY |
| Availability | Available in CA, NJ, NY |
Hana Bank USA, National Association money market rates
Rates are APY. The national savings average is 0.38% (FDIC, Oct 2026). The top tracked savings rate on Banksparency is 12.00%. Across 603 money market accounts from 540 banks in the Banksparency money market index, the median advertised rate is 1.13%, and one account in ten advertises 3.15% or more. See the highest savings rates.
What Hana Bank USA, National Association pays on deposits
FDIC call report data
An advertised rate tells you what a new savings account earns today. It cannot tell you how the bank has priced the savings and money market deposits it already holds, over time. This section shows that. The figure is computed from the interest expense and deposit balances that every bank files with the FDIC in the same form. That is what makes it comparable across banks and across quarters.
The two figures answer different questions, so they sit side by side and are not combined. That 3.80% is a promotional rate. Promotional APY; requires a Hana Bank USA checking account.
In Q2 2026, Hana Bank USA, National Association paid a higher average rate on savings and money market deposits than 95% of banks that reported a figure (FDIC call report). The all-bank median was 1.45%.
- Hana Bank USA, National Association, savings and money market
- All-bank median
How to read these figures
What the average covers. It is an average across the whole bank, taken from its own quarterly FDIC call report. It covers savings accounts and money market deposit accounts, personal and business, at every balance tier. It also covers accounts that were opened years ago and keep the rate of those years. The FDIC line does not separate consumer accounts.
The second figure. The scale row also shows the average across all interest-bearing deposits: savings, interest checking, money market accounts, CDs, personal and business. That figure covers the whole deposit book. The two are shown separately and are not combined.
What the advertised rate covers. It is the rate that this bank advertises now for a new savings account. Banksparency records it from the bank's website on the date shown beside it.
Why the two differ. They measure different things, so this page shows them side by side and keeps them apart. An advertised rate applies to one account, opened now, at today's price. The average also includes older savings balances at the rates of earlier years, money market balances that were priced in a different rate environment, and business accounts. An average below an advertised rate is the usual result of that arithmetic. On its own it is not evidence about the account that you would open.
What the average is useful for. The bank files the data itself, under reporting instructions that are the same for every filer, and the same computation runs for every bank on this site. That makes it comparable in a way that an advertisement is not. Two things on this page read it: the percentile, which shows where the quarter sits among all filers, and the chart, which shows the direction the figure has moved across quarters.
What the average cannot tell you. It cannot tell you the rate that you would earn. No single customer earns the average. For your rate, read the advertised rate above and the rate tables on this page, each with the date it was observed.
What to do next. Use the advertised rate to work out what a new account earns. Use the chart to see how the quarterly average has moved against the all-bank median. Then compare the advertised rate against the current rates on the savings-rate tables before you open an account.
Definitions: Call Report · Rate Paid on Deposits · Interest-Bearing Deposits · Front Book and Back Book · Deposit Rate Percentile
Average annualized rates paid on savings and money market deposits, and on all interest-bearing deposits, quarterly. The FDIC line for savings includes money market deposit accounts and business savings deposits and does not separate consumer accounts. Source: FDIC call report data, as reported; it may be amended. The percentile compares all FDIC filers, count-weighted. A missing quarter is suppressed, never interpolated. The percentile counts the banks that paid strictly less on savings and money market deposits, one vote per bank, among the banks that reported a figure for the quarter.
So what is the catch?
| Product | APY | Min to open | Min to earn | Balance cap | Monthly fee | Requirements | Rate type | 12-mo trend |
|---|---|---|---|---|---|---|---|---|
| Preferred Money Market | Up to 3.80% | $500 | $500 | not stated | not stated | Linked account at the bank · direct deposit not stated | Promotional | not enough history |
| Promotional terms: Promotional APY; requires a Hana Bank USA checking account | ||||||||
| Fine print: The interest rate and APY are variable and may change after account opening. Customers must have Hana Bank USA checking account to receive the promotional APY. | ||||||||
Rate type: one rate applies at every balance. A tiered rate changes with your balance. A promotional rate changes after the period shown. A balance cap is the largest balance the highest rate applies to.
The 12-month trend shows the highest advertised rate observed each day and includes promotional tiers where one applied.
Opening and using the account
| Availability | Available in CA, NJ, NY |
|---|---|
| Footprint | 4 branches in CA, NJ, NY |
| Eligibility | not stated |
How Hana Bank USA, National Association behaves over time
- Rate last changed
- Oct 21, 2026(effective date)
$10,000 in Hana Bank USA, National Association's Preferred Money Market earns 3.80% overall at the advertised rates, so it grows to $10,380 in a year. Prices rose 3.7% in the year to September 2026 (Consumer Price Index (CPI)). After a year of prices rising at that pace, it buys as much as $10,006 does today. The top rate is promotional. See how the federal funds rate shapes savings rates.
Who is Hana Bank USA, National Association?
| Headquarters | Fort Lee, NJ |
|---|---|
| Founded | 1986 |
| Scale | $835M assets · $588M deposits, $474M of it interest-bearing (Q2 2026, FDIC) |
| Deposit insurance | FDIC insured · Certificate 26790 |
| Charter state | New Jersey · one of 50 insured banks chartered there (Q2 2026, FDIC) |
| Size | 1,374th-largest by deposits of 4,238 insured banks (Q2 2026, FDIC) |
| Deposit growth | Higher than at 87% of 4,226 insured banks over the four quarters to Q2 2026 (FDIC) |
Financial detail is in What Hana Bank USA, National Association pays on deposits above.
Common questions about Hana Bank USA, National Association
Is Hana Bank USA, National Association FDIC insured?
Yes. Hana Bank USA, National Association is FDIC insured under certificate 26790, so deposits are covered up to $250,000 per depositor, per ownership category.
What is the minimum deposit at Hana Bank USA, National Association?
Hana Bank USA, National Association requires a minimum deposit of $500 to open its Preferred Money Market account, as observed on Oct 21, 2026. Check the bank's current terms before you open an account.
Is the 3.80% at Hana Bank USA, National Association a promotional rate?
That 3.80% is a promotional rate. Rates are as observed on Oct 21, 2026.
Does Hana Bank USA, National Association have branches?
Yes. Hana Bank USA, National Association operates 4 branches according to FDIC branch records, in addition to its website and mobile apps.
Hana Bank USA, National Association against its closest alternatives
| Bank | Savings APY | Rate paid on savings and money market deposits (Q2 2026) | Min deposit | Branches |
|---|---|---|---|---|
| Hana Bank USA, National Association | Up to3.80% | 3.16% | $500 | 4 branches in CA, NJ, NY |
| Western Alliance Bank | 3.80% | 2.77% | $500 | 38 branches across 6 states |
| Gulf Coast Business Bank | Up to3.82% | 3.60% | $2,500 | 1 branch in FL |
| High Plains Bank | Up to3.82% | not stated | $25 | 9 branches in CO |
Each savings APY is the top rate of the account the bank's own page leads with. Alternatives are the three tracked banks whose savings APY is closest to Hana Bank USA, National Association's.
Similar banks and related pages
Banks in the same rate band with the same product mix:
Other banks chartered in New Jersey, nearest to Hana Bank USA, National Association in deposits:
Rate hubs: today's highest savings rates, and money market rates.
State pages: money market rates in New Jersey, banks in New Jersey, money market rates in California, and banks in California.