Cathay Bank's asset
Cathay Bank

@cathaybank.com

From checking, savings, home mortgages to the convenience of online and mobile banking, Cathay Bank offers customers a wealth of personal banking solutions.

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About

Description

Cathay Bank is a commercial bank based in the United States. It was founded in 1962 in Los Angeles, California, and has since grown to become one of the largest banks catering to the Asian-American community in the country. The bank's headquarters are located in Los Angeles.


Cathay Bank offers a wide range of products and services to its customers. These include personal and business banking solutions such as checking and savings accounts, loans and credit lines, mortgages, and wealth management. The bank also provides international banking services, including trade finance, foreign exchange, and remittances.


On a global scale, Cathay Bank operates primarily in the United States. It has a strong presence in several states, including California, New York, Texas, and Washington. The bank has a network of branches that serve its diverse customer base.


Cathay Bank has a subsidiary called Cathay General Bancorp, which is a holding company for Cathay Bank and other financial service providers. This subsidiary helps the bank in expanding its operations and offering a wider range of products and services. In terms of its market position, Cathay Bank is considered a significant player in the banking sector, particularly within the Asian-American community.


The bank has successfully built a reputation as a trusted institution that understands the needs of its customers. While its global sales figures are not readily available, Cathay Bank has managed to compete effectively with both local and international banks operating in the United States. In recent years, Cathay Bank has focused on expanding its digital banking capabilities to provide a seamless customer experience.


The bank has introduced various technological solutions to improve efficiency and convenience, such as online and mobile banking platforms. As of the latest available information, Cathay Bank continues to grow and evolve. It remains committed to serving the financial needs of its diverse customer base and maintaining its position as a leading Asian-American-focused bank in the United States

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