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Cathay Bank

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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, United States report.

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 (JPMorgan Chase) (Chase Mobile; JPMorgan Chase US; NYSE: JPM) + Bank of America (Bank of America; NYSE: BAC) + Wells Fargo Mobile + Fargo virtual assistant (Wells Fargo; NYSE: WFC) + Citi Mobile (Citigroup) (Citi Mobile US; Citigroup NYSE: C) + U.S. Bank (USB) (US Bank; NYSE: USB) + PNC Bank (PNC Bank; NYSE: PNC) + Truist Bank (Truist Financial; NYSE: TFC) + Capital One Mobile (Capital One; NYSE: COF) + Citizens Bank (Citizens Financial Group) (Citizens Financial Group; NYSE: CFG) + Fifth Third Bank (Fifth Third Bank; NASDAQ: FITB) + Huntington Bank / Huntington Mobile (Huntington Bank; NASDAQ: HBAN) + KeyBank / KeyCorp (KeyBank; NYSE: KEY) + Regions Financial / Regions Mobile App (Regions Financial; NYSE: RF) + Zions Bank (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

Source

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

source · content/wallets/cathay-bank/index.md