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More than half a century ago, we opened our doors at Cathay Bank to serve the growing Chinese American community in Los Angeles. We helped our customers put down new roots with homes. We supported their businesses, which continue to sustain generations. We worked with them to cultivate communities untied by a shared drive to create and build lives in Southern California.
Over time, we’ve expanded along with our customers. Today, we’re a subsidiary of Cathay General Bancorp (NASDAQ: CATY), a publicly held bank holding company with more than $15.6 billion in assets. We operate in nine states across the United States and have outposts in Hong Kong, Beijing, Shanghai and Taipei. Forbes ranks us in the Top 20 on Forbes Best Banks in America 2021 list – the sixth year in a row we have achieved this distinction.
While the people we serve have evolved and changed, the spirit of what makes up our customers remains the same. Every one believes in the power of initiative and perseverance. Each aims to achieve what’s possible. All strive to live their best lives. And we’re happy to work alongside them – providing the tools and services to get them where they want to go.