Nara Bank

Status:Inactive as of 12/01/2011
 Merger - Without Assistance
Successor Bank:Bank of Hope
Headquarters:Nara Bank
3731 Wilshire Boulevard, Suite 1000
Los Angeles, CA 90010
Established:06/16/1989
FDIC Insurance:06/16/1989
FDIC Cert:#27530
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Total Assets:$3,013,513,000
Total Deposits:$2,274,021,000

History

1989-06-16Institution established: Original name:United Citizens National Bank
1994-02-07Changed name to Nara Bank, National Association
1998-10-09Acquired Korea Exchange Bank (33689) in NEW YORK CITY, NY
2000-02-25Reorganized.
2000-02-25Acquired Korea First Bank of New York (24918) in NEW YORK CITY, NY
2001-02-02Reorganized.
2003-08-25Acquired Asiana Bank (34831) in SUNNYVALE, CA
2005-01-04Changed name to Nara Bank
2005-01-04Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2005-01-04Changed primary regulatory agency from COMPTROLLER OF THE CURRENCY to FEDERAL RESERVE BOARD
2011-12-01Merged into and subsequently operated as part of BBCN Bank (26610) in LOS ANGELES, CA
2011-12-01Changed name to BBCN Bank (26610)
2013-02-21Acquired Pacific International Bank (57246) in SEATTLE, WA
2013-08-13Acquired The Foster Bank (27447) in CHICAGO, IL
2016-07-29Changed name to Bank of Hope (26610)
2016-07-29Acquired Wilshire Bank (23301) in LOS ANGELES, CA

Financial Information (2011-09-30 and Older)