With 17 branches coast to coast in
California, New Jersey, New York and Washington, Chinatrust
Bank (U.S.A.) is one of the first banks to operate both in the Eastern
and Western United States. Chinatrust Bank (U.S.A.) 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
|
Year
|
Notable
Events
|
|
1989
|
China 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.
|
|
1990
|
CTBNY was
profitable after 5 months of operations.
|
|
1991
|
CTBNY established
the Flushing Branch in Queens, New York.
|
|
1992
|
CTBNY established
the Chinatown Branch in Manhattan, New York.
|
|
1994
|
CTBNY established
the Brooklyn Branch in Brooklyn, New York.
|
|
CTBNY initiated
credit card service and issued VISA and MasterCard credit cards
to its clientele.
|
|
1995
|
China 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.
|
|
1996
|
CTBNY established
the Elmhurst Branch in Queens, New York.
|
|
CTBCA 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)"). After close of the business
on August 29, 1997, China Trust Bank of New York merged into 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.
|
|
1999
|
CTB(USA)
established the Seattle Loan Production Office in Washington.
|
|
CTB(USA)
established the Rockville Branch in Maryland.
|
|
2000
|
CTB(USA)
launched Internet banking products and services.
|
| 2001 |
On May
5, 2001, Chinatrust Commercial Bank, Taiwan aquired CTB(USA).
|
|
CTB(USA)'s total
assets surpassed $1.7 billion. |
| 2002 |
CTB (USA) established
the Houston Loan Production Office in Texas.
|
| 2003 |
CTB
(USA) upgraded the Seattle Loan Production Office to Seattle Branch
in Bellevue, Washington and relocated the office from 10900 N.E.
8th St., #1120, Bellevue, WA 98004 to 500 108th Ave. N.E.#1H3, Bellevue,
WA 98004. |