TellerScore

CFPB complaint counts · Oct 17, 2023 – Oct 17, 2026

Cathay Bank complaints

Consumers filed 60 complaints about CATHAY BANK with the Consumer Financial Protection Bureau over the past three years, 22 of them in the last 12 months. The most common product was "Checking or savings account" (62%), and the most common issue was "Managing an account". The company responded on time to 100.0% of complaints, and 0.0% of closed complaints ended with monetary or non-monetary relief.

Complaints (3 yrs)
60
Per $1B deposits
2.8median 8.5
Timely response
100.0%
Closed with relief
0.0%

The CFPB publishes complaints after the company responds or after 15 days, whichever comes first. It does not verify every fact in a complaint, and counts reflect customer volume as much as service quality. Narratives are not shown. See Cathay Bank's financial scorecard.

By product

ProductComplaintsShare
Checking or savings account3761.7%
Money transfer, virtual currency, or money service1118.3%
Mortgage610.0%
Credit reporting or other personal consumer reports58.3%
Credit card11.7%

Top issues

IssueComplaintsShare
Managing an account2745.0%
Fraud or scam610.0%
Opening an account46.7%
Trouble during payment process46.7%
Closing an account35.0%
Incorrect information on your report35.0%
Other transaction problem35.0%
Problem with a lender or other company charging your account35.0%
Money was not available when promised23.3%
Problem with a company's investigation into an existing problem23.3%
Applying for a mortgage or refinancing an existing mortgage11.7%
Other features, terms, or problems11.7%

How complaints were closed

Company responseComplaintsShare
Closed with explanation60100.0%

Top states

StateComplaintsShare
CA3660.0%
MA46.7%
NY46.7%
WA35.0%
NJ23.3%
FL11.7%
MN11.7%
NC11.7%
NV11.7%
OR11.7%

How they were submitted

ChannelComplaintsShare
Web5388.3%
Phone46.7%
Referral35.0%

Want to file a complaint? Submit it directly to the Consumer Financial Protection Bureau (CFPB) through its website. TellerScore does not accept or forward complaints.