CATY
- Cathay General Bancorp
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Overview
Company Summary
Cathay General Bancorp (CATY) is a bank holding company based in Los Angeles, California. It serves as the parent company of Cathay Bank, which is its primary subsidiary. Cathay Bank is a regional bank that provides a range of financial services to individuals, small and medium-sized businesses, and commercial clients.
Cathay Bank offers traditional banking services such as deposit accounts, loans, mortgages, and credit cards. It operates through a network of branches primarily in California, New York, Illinois, Washington, Texas, Maryland, Nevada, and Massachusetts. The bank also provides online and mobile banking platforms, allowing customers to access their accounts and conduct various transactions digitally.
In addition to basic banking services, Cathay Bank offers specialized financial products tailored to meet the needs of its diverse customer base. These include commercial and industrial loans, commercial real estate loans, trade finance, equipment financing, and treasury management services. The bank also offers international banking services, with expertise in facilitating business transactions between the United States and Asia.
Cathay General Bancorp aims to serve the financial needs of the communities in which it operates, with a particular focus on the Chinese-American community. The company has a deep understanding of the cultural and linguistic aspects of this market, enabling it to provide specialized services and develop strong relationships with its customers.
Overall, Cathay General Bancorp, through its subsidiary Cathay Bank, operates as a regional bank that offers a comprehensive range of banking products and services to individuals and businesses, with a specific emphasis on the Chinese-American community.