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Southern California-Based Korean American Banks Expand Eastward in Search of Growth

Korean American banks headquartered in Southern California are rapidly expanding into the East Coast, signaling a strategic push to capture new markets and meet...

Bank of Hope Signs MOU With K-SURE to Expand Korea Trade Finance

Bank of Hope has signed a memorandum of understanding (MOU) with the Korea Trade Insurance Corporation (K-SURE) to significantly expand financial support for Korean...

Bank of Hope Expands Korean Corporate Banking Support with New LA Center

Bank of Hope held a plaque ceremony on May 20 to mark the opening of its second Korean Corporate Banking Support Center at its...

Open Bank to Open Garden Grove Branch with Soft Launch in June

Open Bank is set to launch a new branch in Garden Grove, California, with a soft opening expected next month, marking a strategic expansion...

Korean American Youth Launch Cemetery Project to Preserve Independence Activist History

A group of Korean American students from the Hwarang Youth Foundation will visit Rosedale Cemetery near Koreatown, Los Angeles, on May 24 to clean...

Korean Patriot Graves Project Launches Nationwide for 80th Liberation Day

A nationwide effort to honor Korean independence patriots is launching in Los Angeles as part of the 80th anniversary of Korea’s liberation from Japanese...

Bank of Hope Secures Final Approval for Territorial Savings Merger

Bank of Hope has received final regulatory approvals for its merger with Territorial Savings Bank, a Hawaii-based financial institution. The merger is expected to...

WireBarley adds Bank of Hope into international money transfer service account list

WireBarley, a fintech company specializing in international remittances, has announced that it expanded its services and that customers can now add Southern California-based Korean-American...

Bank of Hope gets closer to merging with Territorial Savings Bank, expanding service to Hawaii

Shareholders of Territorial Savings Bank have approved its merger with Bank of Hope. The merger now requires only federal and state regulatory approvals in...

Hanmi Bank pushes to establish office in Seoul, revealing Korean-American banks’ new tactics

Hanmi Bank is moving forward with plans to open a representative office in Seoul, South Korea. On October 17, officials in the Korean-American banking industry...

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