About Chinatrust Bank (U.S.A.)

FINANCIAL INFORMATION

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.