According to the information of Hongta Bank official website about the red deposit project, the red deposit belongs to the bank's regular deposit project, not a wealth management product. The one-year deposit rate is 2.3%, and the five-year deposit rate is 3.2%. The longer the payment time, the higher the interest rate.
Hongta Bank is Yunnan Hongta Bank Co., Ltd., established on 200 1. Mainly for the local residents' savings and banking business in Yuxi City, Yunnan Province.