Cathay General Bancorp (NASDAQ:CATY) is a bank holding company headquartered in Los Angeles, California. Its principal subsidiary, Cathay Bank, is a full-service commercial bank established in 1962 to serve the financial needs of Chinese American communities. Cathay General Bancorp was formed as the bank’s holding company in 1990.
Cathay Bank provides a range of banking and financial services for businesses, individuals and institutions. Its offerings include commercial and residential real estate loans, commercial and industrial financing, Small Business Administration loans, consumer lending, deposit accounts, cash-management services, online and mobile banking, and wealth-management solutions.
The company primarily serves customers in major metropolitan areas across California and in selected markets in New York, Texas, Washington, Nevada, Maryland, New Jersey and Massachusetts. Through its community-oriented banking model, Cathay focuses on small and middle-market businesses, real estate investors, professionals and retail customers, with an emphasis on cross-border and multicultural banking relationships.
