Cathay General Bancorp (CATY) NASDAQ

48.01

+0.07(+0.15%)

Updated at September 30 04:00PM

Currency In USD

Cathay General Bancorp

Address

777 North Broadway

Los Angeles, CA 90012

United States of America

Phone

213 625 4700

Sector

Financial Services

Industry

Banks - Regional

Employees

1266

First IPO Date

December 14, 1990

Key Executives

NameTitlePayYear Born
Mr. Chang Ming LiuChief Executive Officer, President & Director1.79M1967
Mr. Heng W. ChenExecutive Vice President, Chief Financial Officer & Treasurer947,5501953
Mr. Dunson K. ChengExecutive Chairman of the Board1.15M1945
Ms. Georgia LoAssistant Secretary & Investor Relations0N/A
Ms. May K. ChanSenior Vice President, General Counsel, Secretary & Sustainability Officer01978

Description

Cathay General Bancorp operates as the holding company for Cathay Bank that offers various commercial banking products and services to individuals, professionals, and small to medium-sized businesses in the United States. The company offers various deposit products, including passbook accounts, checking accounts, money market deposit accounts, certificates of deposit, individual retirement accounts, and public funds deposits. It also provides loan products, such as commercial mortgage loans, commercial loans, small business administration loans, residential mortgage loans, real estate construction loans, and home equity lines of credit, as well as installment loans to individuals for household, and other consumer expenditures. In addition, the company offers trade financing, letter of credit, wire transfer, forward currency spot and forward contract, traveler's check, safe deposit, night deposit, social security payment deposit, collection, bank-by-mail, drive-up and walk-up window, automatic teller machine, Internet banking, investment, and other customary bank services, as well as securities and insurance products. As of March 1, 2022, it operated 31 branches in Southern California, 16 branches in Northern California, 10 branches in New York, four branches in Washington, two branches in Illinois, and two branches in Texas, as well as one branch each in Maryland, Massachusetts, Nevada, and New Jersey, and Hong Kong; and a representative office each in Beijing, Taipei, and Shanghai. The company was founded in 1962 and is headquartered in Los Angeles, California.