East West Bank, CITY OF INDUSTRY BRANCH

Name:East West Bank, CITY OF INDUSTRY BRANCH
Full Service Brick and Mortar Office
Review: 2.5star5 client reviews
Location:18645 Gale Ave
Rowland Heights, CA 91748

Los Angeles County
View Other Branches
 
Phone:626-965-6861
Branch Deposit:$462,993,000
FDIC Cert:#31628
Established:09/04/1990


The Bank

Name:East West Bank
Concentration:Commercial Lending Specialization
Established:01/01/1972
FDIC Insurance:01/02/1973
Holden By:EAST WEST BCORP INC
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
# of Branches:105, view all, view on map
Website:https://www.eastwestbank.com
Total Assets:$69,478,848,000
Total Deposits:$56,593,486,000
Total Equity Capital:$6,542,852,000
Total Domestic Office Deposits:$53,421,233,000
Net Income:$1,175,084,000
Quarterly Net Income:$242,756,000
Return on Assets:2%
Quarterly Return on Assets:1%
Return on Equity:19%
Quarterly Return on Equity:15%
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Client Review

5 client reviews of East West Bank scored 2.5 out of 5.

WARNING: BAD FAITH AND UNETHICAL BANKING PRACTICES!
 1star Overall Rating
by SCalif, Jan. 06, 2013

If I could give zero (0) rating to this bank, I would.

I opened an account at this bank and made a big mistake by bringing my family to also open an account without first sampling how trustworthy this bank is!

This bank acts like a dictator suddenly closed my family's account and then immediately also closed mine without any banking law or evidence to do so. We requested evidence and documentations to support its barbaric actions. The bank refused to produce any evidence. We did not have any foreign transactions or NSF checks to cause such extreme closure of our accounts WITHOUT NOTICE OR WARNING. To this date, this bank refused to comply and illegally kept our balances against our wills. That is outrageous, bad faith, unethical, and horrified!!!

* this reviewer has be with this bank for 1 - 3 years
* this review was made on East West Bank, City Of Industry Branch at Rowland Heights, CA
22 of 27 people found this review helpful. Was this review helpful to you? Yes, No   Report Abuse

1 comment. Add a comment

by consumeradvocate 2013-08-12 19:12:41
I couldn't agree with this review more. I met with the bank to get a loan on my house. I was told by the loan officer, Jila Ahdoot, that it wasn't worth her time to give me a loan unless I transferred all of my money into her bank BEFORE applying for the loan.  I questioned another employee about this, who said this was false, and then he addressed the issue in front of her and me, at which point she accused me of lying.

Then they wanted my wife to sign the application. I had her sign it, brought the application back, and they rejected it saying it either had to be notarized (even though there is no area for a notary on the form) or have her sign it in person. I brought my wife back an hour later to sign the document in front of them, and they refused to do so. Jila said I had to make an appointment to do this, this while she was in the middle of a walk in appointment,allegedly.

If I had more time, I'd report them to the better business bearough. Instead, I think I will just tell my tale to as many people as I can as a cautionary tail of why not to do business with this bank.

Grade: F minus

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