Top 10 Asian American-Owned Banks
There are more than 10 Asian American-owned banks that are widely recognized. However, Innovative zone india Magazine can provide you with a list of remarkable Asian American-owned banks in the United States :
1. Cathay Bank
Cathay Bank is a Chinese American bank Capital in Los Angeles, California. It is one of the oldest and largest banks helping the Asian American community in the United States.
2. East West Bank
East West Bank is a Chinese American bank headquartered in Pasadena, California. It provides a wide range of banking and financial services, most importantly to the Chinese American community.
3. Bank of Hope
Bank of Hope, a Korean American bank with its headquarters located in Los Angeles, California, was previously known as BBCN Bank. It provides services to a variety of groups around the country through its network of branches, including Korean Americans.
4. Hanmi Bank
Hanmi Bank is a Korean American bank headquartered in Los Angeles, California. It offers a comprehensive range of financial services tailored to the needs of Korean Americans and other ethnic communities.
5. Woori America Bank
Woori America Bank is a subsidiary of South Korea-based Woori Bank. It operates branches in major cities across the United States and provides banking services to Korean Americans and other communities.
6. Shinhan Bank America –
Shinhan Bank America is a subsidiary of South Korea-based Shinhan Bank. It offers a wide range of banking products & services to individuals, businesses, and institutions in the United States.
7. Cathay General Bancorp –
Cathay General Bancorp is the best bank holding company for Cathay Bank. It provides various banking and financial services through its subsidiary, Cathay Bank, catering to Asian American groups and beyond.
8. United Central Bank
United Central Bank is a subsidiary of Taiwan-based United International Bank. It serves diverse communities, including Asian Americans, through its network of branches in several states.
9. Pacific City Bank
Pacific City Bank is a Korean American bank headquartered in Los Angeles, California. it offers a range of banking services to individuals and businesses, with a focus on serving the Korean American community.
10. Bank Leumi USA
While not Asian American-owned, Bank Leumi USA has a significant presence in the Asian American community, particularly in cities with large populations of Asian Americans. It offers tailored banking solutions to meet the needs of diverse customers.
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Note: Please note that the ownership and focus of these banks may vary, and it’s advisable to conduct further research or contact the banks directly for more information.