Golden Security Bank
![]() | |
Industry | Banking |
---|---|
Founded | August 27, 1982; 42 years ago (August 27, 1982) |
Defunct | August 24, 2011; 13 years ago (August 24, 2011) |
Fate | Acquired by First General Bank |
Headquarters | Rosemead, California |
Golden Security Bank was a bank headquartered in Rosemead, California, with operations in Southern California. The bank catered to Chinese-Americans in low- and moderate-income areas. In 2011, the bank was acquired by First General Bank.
History
The bank was established on August 27, 1982 in the Chinatown neighborhood of Los Angeles.
In October 2005, the bank's headquarters were moved to Rosemead, California.
In 2009, state regulators ordered the company to raise capital.[1]
In 2011, the bank was acquired by First General Bank.[2][3]
References
- ^ Reckard, E. Scott (June 27, 2009). "Irvine's MetroPacific Bank is shut down". Los Angeles Times.
- ^ "First General Bank and Golden Security Bank Merger Completed" (Press release). Business Wire. August 24, 2011.
- ^ "First General Bank and Golden Security Bank to Merge" (Press release). Business Wire. May 26, 2011.
- v
- t
- e
Chinese American banks
- Abacus Federal Savings Bank
- American Continental Bank
- American Premier Bank
- Asia Bank
- Bank of the Orient
- Cathay Bank
- Chinese American Bank
- East West Bank
- EverTrust Bank
- First American International Bank
- Global Commerce Bank
- Golden Security Bank
- Los Angeles National Bank
- MetroCorp Bancshares
- Omni Bank (California)
- Pacific Global Bank
- Preferred Bank
- Royal Business Bank
- Southwestern National Bank
- Tomato Bank
- United International Bank
- United Orient Bank
- Universal Bank