East West Bancorp, Inc. history, company profile (overview) and corporate video
East West Bancorp, Inc. is a holding company headquartered in Pasadena, California, United States. It is the parent company of East West Bank, one of the largest independent banks headquartered in Southern California.
Through its subsidiaries, it provides banking and financial services, such as personal banking, business banking, commercial banking, international banking, home loans, and wealth management.
HISTORY
East West Bank was established in 1973 as East West Federal Bank, the first federally-chartered savings institution focused primarily on serving the financial needs of Chinese-Americans in Los Angeles.
In 1991, the company acquired Pacific Coast Savings.
In 1998, East West Bancorp was established.
In 1999, East West Bancorp acquired First Central Bank.
In 2004, Trust Bank was acquired.
In 2005, United National Bank was acquired.
In 2006, Standard Bank was acquired.
In 2009, the company acquired the assets of United Commercial Bank (UCB).
In 2014, MetroCorp Bancshares, which operated as MetroBank, was acquired.
With more than 3,000 employees and over 120 locations in the U.S. and China, East West Bancorp is considered one of the Largest Public Companies in the World, according to Forbes.
*Information from Forbes.com, Wikipedia.org, and www.eastwestbank.com/en.
**Video published on YouTube by “East West Bank“