Cathay Bank opened for business with the mission of
providing financial services to the growing but
underserved Chinese-American community in the greater
Los Angeles area, thus becoming the first
Chinese-American bank in Southern California.
Recognizing that the community it served was part of
a more diverse one, Cathay Bank adopted the motto "An
Open Door for All". Its rapid expansion was
fueled by successive waves of immigration,
burgeoning trade between America an Asia, and the
economic development of the surrounding community.
Today, Cathay Bank is a subsidiary of Cathy General
Bancorp (NASDAQ:CATY), a publicly held bank holding
company with over $10.61 billion in assets as of
March 31, 2011. Its service network extends from the
West Coast to New York and Massachusetts on the
Eastern Seaboard, north to the state of Washington,
and south to Texas. Overseas, it has a
presence in the three important commercial centers
in the Asian-Pacific Rim-Taipei, Shanghai, and Hong
Bank, with years of history and experience, is
committed to providing a broad spectrum of personal
and commercial financial services.