Bank holding company operating through its subsidiary, Cathay Bank, providing banking services primarily in California.
Cathay General Bancorp serves as the pivotal holding company overseeing Cathay Bank, a cornerstone in the provision of comprehensive commercial banking services across the United States. Established in 1962 and headquartered in Los Angeles, California, Cathay General Bancorp offers a diverse range of financial products and services tailored to meet the needs of individuals, professionals, and small to medium-sized businesses. The corporation's extensive array of deposit products includes passbook accounts, checking accounts, money market deposit accounts, certificates of deposit, individual retirement accounts (IRAs), and public funds deposits, providing flexible options for managing personal and business finances.
In addition to its robust deposit offerings, Cathay General Bancorp facilitates access to an expansive suite of loan products. These encompass commercial mortgage loans, commercial loans, Small Business Administration (SBA) loans, residential mortgage loans, real estate construction loans, and home equity lines of credit. The corporation also extends installment loans to individuals for household expenses and other consumer expenditures, ensuring comprehensive financial solutions that support both personal and business ventures.
Beyond its core banking services, Cathay General Bancorp enhances customer convenience through a host of additional financial services. These include trade financing, letter of credit services, wire transfers, foreign currency exchange, traveler's checks, safe deposit boxes, night deposits, social security payment deposits, collection services, bank-by-mail, drive-up and walk-up windows, automatic teller machines (ATMs), Internet banking, investment products, and insurance services. This integrated approach underscores Cathay General Bancorp's commitment to delivering tailored financial solutions and exceptional customer service while upholding its legacy of trust and reliability in the banking industry.