Cathay Bank

Cathay Bank is a regional bank headquartered in Los Angeles, California, and a subsidiary of Cathay General Bancorp. It was founded to serve Chinese-American communities and has historically been an important financial institution for Chinese-speaking consumers and business owners. The bank offers services in English, Mandarin, and Cantonese, which makes it accessible to customers more comfortable in Chinese languages.

For individual customers, Cathay Bank commonly offers checking and savings accounts, home mortgages, personal loans, and wealth management services. The bank serves both everyday consumers and more affluent clients in the communities it targets.

For businesses, Cathay provides business checking and savings, commercial loans, commercial real estate financing, SBA lending, and international banking services. International trade finance and cross-border banking services are areas where Cathay has developed particular expertise, given its customer base's connections to Asia.

Cathay Bank operates branches across California, New York, Texas, Illinois, Washington, Georgia, Massachusetts, New Jersey, Nevada, and other states with significant Chinese-American communities. It also has representative offices in Asia.

For home buyers, Cathay Mortgage offers conventional and other loan products. Personal loans are available for qualifying customers.

Cathay Bank serves as an important financial bridge for Chinese-American entrepreneurs and families with business or personal financial connections between the United States and Asia. Its bilingual service and international banking capabilities make it a distinctive option compared to general-purpose retail banks in its markets.

Cathay Bank is FDIC-insured and deposits are covered up to applicable limits. Rates, fees, and product availability vary by individual circumstances and location.