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Open Bank

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Min Kim to Lead Open Bank Board with Focus on Supportive Leadership

Min Kim, who has served as Open Bank’s president and CEO for the past 15 years, will step down on June 30 and assume...
Business

Open Bank reveals incoming CEO Sang-kyo Oh’s contract details

Open Bank has disclosed the employment terms for incoming CEO Sang-kyo Oh, according to a public filing made on May 29. The contract states that...
Business

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...
Business

Open Bank Chairman Brian Choi Retires After Transformative Leadership

Open Bank Chairman Brian Choi is stepping down after 15 years of leadership that transformed the financial institution from the brink of closure to...
Local

Open Bank announces Sang Kyo Oh as new CEO and leadership succeeding plans for 2025

Open Bank has announced the new head of the bank. OP Bancorp, the bank's holding company, announced on August 23 that it has appointed Open...
Local

Open Bank launches new branding campaign, focusing on community support

Open Bank is launching a new branding advertisement campaign. The bank is initiating a branding promotion campaign in the first half of this year under...
Local

Open Bank recognized as ‘The Most Improved SBA Lender’ by Texas administration

A Korean-American bank headquartered in LA, Open Bank has been recognized as a top SBA lender in Texas. Open Bank announced on January 25 that...
Local

Four Korean banks’ stocks hit 52-week lows after the shut down of Silicon Valley Bank

Publicly traded Korean-American banks have also seen their stock prices plummet in the wake of the bankruptcy of Silicon Valley Bank (SVB), the world's...
Local

Open Bank Accepting Applications For Stewardship Program

To support the nonprofits in the Korean-American community, Open Bank announced Thursday that it is now accepting applications for the stewardship program. Applications for Open...
Local

Korean Banks’ Demand for CFOs Growing

The ratio of non-Korean chief financial officers (CFO) at Korean-run financial institutions are continuously getting larger. Four of seven Southern California-based Korean banks are employing...
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