Hanmi Financial (NASDAQ:HAFC) is a California-based bank holding company that operates through its primary subsidiary, Hanmi Bank. Founded in 1982 by members of the Korean‐American community in Los Angeles, the company offers a full spectrum of commercial and retail banking services tailored to meet the needs of small to mid‐sized businesses, real estate developers and individual consumers. Its core mission centers on providing personalized, relationship‐driven financial solutions to a diverse customer base.
Hanmi Bank’s product portfolio includes commercial real estate loans, construction financing, business and commercial lending, and consumer banking services such as residential mortgage loans, automotive financing and personal lines of credit. On the deposit side, the bank offers checking and savings accounts, money market accounts and certificates of deposit. To support more sophisticated client needs, Hanmi provides treasury management, trade finance and digital banking platforms designed to streamline cash management and cross‐border transactions.
Originally focused on serving Korean‐American communities in Southern California, Hanmi has expanded its footprint into other key markets across the United States, with branch offices in Northern California, Texas, Georgia, New York and Washington. This geographic diversification enables the bank to tap into booming real estate and commercial markets while maintaining its commitment to the ethnic communities it has long served. Correspondent banking relationships further extend its reach to clients with national and international transaction requirements.
Over the years, Hanmi Financial has been guided by a leadership team steeped in community banking expertise. Under the direction of President and Chief Executive Officer Charles H. Song, the company emphasizes conservative underwriting, strong risk management and community engagement. Hanmi continues to support local nonprofit initiatives and cultural organizations, reinforcing its founding vision of fostering economic growth and financial inclusion within its core markets.
