Cathay Bank

Overview

Cathay Bank is NASDAQ: CATY + US-based commercial bank + one of US's largest Chinese American-anchored commercial banks since Apr 19 1962 founding in Los Angeles + ~500K+ US Cathay Bank customers + Cathay Bank China subsidiary + Hong Kong + Taiwan operations [1, us-cro].

History

Apr 19 1962 — Cathay Bank founded in Los Angeles for Chinese American + Asian American communities by Chia-Sheng + Chuen-Yan Chang distinctive US Asian American banking heritage.

1990 — Cathay General Bancorp NASDAQ IPO under ticker CATY.

2010 — Cathay Bank Mobile Banking app launch.

Ownership & operator

Operating entity: Cathay General Bancorp Cathay Bank (US-based commercial bank; NASDAQ: CATY).

Major shareholders: Vanguard + BlackRock + State Street + US + international retail + institutional + foreign investors free float.

Regulators: OCC + Federal Reserve + FDIC + PBoC + national regulators.

Technical integration

Cathay Bank Mobile Banking app (iOS + Android; ~500K+ US Cathay Bank customers) + cathaybank.com online + Cathay Bank branch network across US + China + Hong Kong + Taiwan + Cathay Visa + Mastercard cards; ACH + FedNow + Zelle.

Implementations & partners

Major US Asian American + payments + commercial banking competitors: [[east-west-bank]] (East West Bank; NASDAQ: EWBC; US-based commercial bank; one of US's largest Asian American-anchored commercial banks) + [[chase-mobile]] (Chase Mobile; JPMorgan Chase US; NYSE: JPM) + [[bank-of-america]] (Bank of America; NYSE: BAC) + [[wells-fargo]] (Wells Fargo; NYSE: WFC) + [[citi-mobile]] (Citi Mobile US; Citigroup NYSE: C) + [[us-bank]] (US Bank; NYSE: USB) + [[pnc-bank]] (PNC Bank; NYSE: PNC) + [[truist]] (Truist Financial; NYSE: TFC) + [[capital-one]] (Capital One; NYSE: COF) + [[citizens-financial]] (Citizens Financial Group; NYSE: CFG) + [[fifth-third]] (Fifth Third Bank; NASDAQ: FITB) + [[huntington-bank]] (Huntington Bank; NASDAQ: HBAN) + [[keybank]] (KeyBank; NYSE: KEY) + [[regions-financial]] (Regions Financial; NYSE: RF) + [[zions-bancorporation]] (Zions Bank; NASDAQ: ZION; US Western regional bank).

Regulators: OCC + Federal Reserve + FDIC + PBoC + national regulators.

Status

Active, NASDAQ:CATY + US-based commercial bank + one of US's largest Chinese American-anchored commercial banks since Apr 19 1962 founding in Los Angeles + ~500K+ US Cathay Bank customers + Cathay Bank China subsidiary + Hong Kong + Taiwan operations [1, 2].

Sources

• 1 Cathay — official
• 2 Cathay Bank — Wikipedia
• us-cro In-corpus: reports/countries/US-united-states.md

Source

Biography extracted from cathay-bank.md. See matrix.md for standards-support matrix if present.