Far East National Bank (FENB; ) was founded in 1974 by Henry Y. Hwang as the first federally chartered Asian American bank in the United States. FENB has over 600 employees and total assets exceeding US$1.7 billion. It became a
wholly owned subsidiary of
Taiwan's
Bank Sinopac in 1997. Services are provided through nine branches throughout the
Los Angeles and
San Francisco areas. The bank opened its first overseas branch in
Ho Chi Minh City,
Vietnam, in October 2004. The corporate headquarters is at Chinatown
Los Angeles.
In 2017 the bank merged with
Cathay Bank
Cathay Bank () is an American bank founded in 1962.
Cathay is headquartered in Chinatown, Los Angeles, with a corporate center in nearby El Monte, California. It has branches in California, Massachusetts, New York, Texas, Washington, Illinois ...
.
Trivia
* Henry Y. Hwang, the founder of Far East National Bank, is the father of
Tony Award winning playwright
David Henry Hwang
David Henry Hwang (born August 11, 1957) is an American playwright, librettist, screenwriter, and theater professor at Columbia University in New York City. He has won three Obie Awards for his plays '' FOB'', '' Golden Child'', and '' Yel ...
, and appears as a major character in David's play
Yellow Face (play)
''Yellow Face'' is a semi-autobiographical play by David Henry Hwang, featuring the author himself as the protagonist, DHH, mounting his 1993 play ''Face Value''. The play's themes include questions of race and of the interaction between media a ...
References
External links
Far East National Bank Homepage
Banks based in California
Companies based in Los Angeles
Banks established in 1974
2017 mergers and acquisitions
Asian-American culture in California
Defunct banks of the United States
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