History

About CTBC Bank

With 12 branches coast to coast in California, New Jersey, and New York, CTBC Bank is one of the first Asian American Banks to operate both in the Eastern and Western United States. CTBC Bank is committed to providing premier banking services to our communities. We care about the individual consumers in the community as well as the local merchants and business enterprises. From the issuance of Letters of Credit to real estate & construction loans, our highly professional staff will put forth our best effort to meet your every financial need.

OUR CHRONICLE

YearNotable Events
1989China Trust Bank of New York ("CTBNY") was established in New York by Messrs. Jeffrey L.S. Koo and Kenneth C.M. Lo with an initial capital investment of $10,000,000.
1990CTBNY was profitable after 5 months of operations.
1991CTBNY established the Flushing Branch in Queens, New York.
1992CTBNY established the Chinatown Branch in Manhattan, New York.
1994CTBNY established the Brooklyn Branch in Brooklyn, New York.
CTBNY initiated credit card service and issued VISA and MasterCard credit cards to its clientele.
1995China Trust Holdings Corp. acquired Trans National Bank located in Monterey Park, California and renamed the Bank "China Trust Bank of California" ("CTBCA").
CTBCA relocated its headquarters to the newly renovated China Trust Bank Building in Torrance, California and established the Torrance Branch, its fifth branch overall.
1996CTBCA established the Milpitas, City of Industry, and Irvine Branches in California.
1997 On August 20, 1997, China Trust Bank of California changed its name to Chinatrust Bank (U.S.A.) ("CTB(USA)"). August 29, 1997, merged with China Trust Bank of New York and formed Chinatrust Bank (U.S.A.).
CTB(USA) established the Arcadia, Cerritos, Cupertino branches in California and the Edison branch in New Jersey.
CTB(USA)'s total assets surpassed $1 billion.
1998 CTB(USA) established the Alhambra branch in California.
CTB(USA) relocated its Wall Street (N.Y.) branch and Eastern Regional Office from 88 Pine St. to 366 Madison Ave., New York and renamed the Branch Midtown Branch.
1999CTB(USA) established the Seattle Loan Production Office in Washington.
2000 CTB(USA) launched internet banking products and services.
2001 On May 5, 2001, Chinatrust Commercial Bank, Taiwan acquired CTB(USA).
CTB(USA)'s total assets surpassed $1.7 billion.
2005 CTB(USA) established the Fremont and Rowland Heights branches in California.
2006CTB(USA) established the East Hanover Branch in New Jersey and Diamond Bar Branch in California.
2009 CTB(USA) introduced new mortgage programs, offering a variety of products to meet our customers' mortgage needs.
2010Launched Chinatrust Select Banking VIP program.
2012 First Chinese Bank in the United States to launch a mobile banking App.
2013 CTBC Bank relocates its headquarters from Torrance to the newly renovated CTBC Bank building in the Downtown Los Angeles Financial District.
The Bank is renamed “CTBC Bank”