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Koreatown English guide draws strong interest at CiCLAVIA

The Korea Daily’s Koreatown English guide drew overwhelming interest at CiCLAVIA, with all 2,000 copies claimed quickly by visitors eager to explore Koreatown’s food, culture, and small businesses.

Hanmi Bank Adds Wire Transfers, Biometric Login to Business Accounts

Hanmi Bank has significantly upgraded its digital banking services for business checking account holders, introducing expanded online functionality and enhanced security tools. With the latest...

Southern California-Based Korean American Banks Expand Eastward in Search of Growth

Korean American banks headquartered in Southern California are rapidly expanding into the East Coast, signaling a strategic push to capture new markets and meet...

Open Bank to Open Garden Grove Branch with Soft Launch in June

Open Bank is set to launch a new branch in Garden Grove, California, with a soft opening expected next month, marking a strategic expansion...

Hanmi Bank to close branch in Koreatown Plaza after 40 years of operation to improve efficiency

Hanmi Bank is closing its Koreatown Plaza (KTP) branch after more than 40 years. The bank recently sent a letter to its customers informing them...

Hanmi Bank pushes to establish office in Seoul, revealing Korean-American banks’ new tactics

Hanmi Bank is moving forward with plans to open a representative office in Seoul, South Korea. On October 17, officials in the Korean-American banking industry...

49ers co-owner buys Malibu home for $52 million, breaking area record price

A Korean-American entrepreneur has purchased an ultra-expensive mansion in Malibu. Gideon Yu, a former big-tech executive turned investor and co-owner of the National Football League's...

Bank of Hope and Hanmi Bank are closing branches for operation efficiency

Bank of Hope and Hanmi Bank are undergoing branch consolidations. On March 1, Bank of Hope closed three Southern California branches, Wilshire/Manhattan, Maple, and Huntington...

SoCal’s Korean-American Banks report annual net income of $308 million in 2023

Korean-American banks in Southern California posted sluggish profits in the fourth quarter amid tough business conditions but managed to maintain their assets, deposits, and...

Hanmi Bank CEO Bonnie Lee named one of 25 Powerful Women to Watch

Hanmi Bank President and CEO Bonnie Lee has been named The Most Powerful Women to Watch 2023. On September 27, American Banker, a leading financial...

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