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Korean American banks

Georgia’s Metro City Bank to Focus on Two LA Branches as Merger Closes

Metro City Bank has completed its acquisition of First IC Bank, formally closing the Metro City Bank merger on Dec. 1 and becoming the...

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...

CBB Bank Fort Lee Branch Approved

CBB Bank has received approval from the Federal Reserve to open a new branch in Fort Lee, New Jersey, marking the bank’s first expansion...

Korean Bank Presidents Attend Investor Relations

Presidents of Korean-American banks are actively seeking investor relations after finishing up the second quarter of 2017. Hanmi, Open and CBB have sent their presidents...

Bank of Hope President Earns $840k a Year

The revelation of Bank of Hope president Kevin Kim’s salary, approximately $840,000 a year, has sparked an interest in the earnings of U.S.-based Korean...

Korean Banks’ ROA Slightly Above Average

The return on assets (ROA) of Korean-American banks is above average, according to a recent data compiled by the California Bankers Association (CBA). All seven...

Korean Banks Looking to Transform and Diversify

Korean banks across the United States are gearing up to kick start 2017. Through their New Year messages, presidents of Korean-American banks presented both...

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