Innovative Bank
| Status: | Inactive as of 04/16/2010 |
| Absorption - Assisted | |
| Successor Bank: | Bank of Hope |
| Headquarters: | Innovative Bank 360 Fourteenth Street Oakland, CA 94612 |
| Established: | 07/01/1982 |
| FDIC Insurance: | 07/01/1982 |
| FDIC Cert: | #23876 |
| Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
| Total Assets: | $266,816,000 |
| Total Deposits: | $223,164,000 |
History
| 1982-07-01 | Institution established: Original name:Bank of Oakland | |
| 2002-01-23 | Changed name to Innovative Bank | |
| 2010-04-16 | Failed. Acquired with government financial assistance and subsequently operated as part of Center Bank (26610) | |
| 2011-12-01 | Acquired Nara Bank (27530) in LOS ANGELES, CA | |
| 2011-12-01 | Changed name to BBCN Bank (26610) | |
| 2011-12-01 | Moved bank headquarters from OAKLAND, CA to LOS ANGELES, CA | |
| 2013-02-21 | Acquired Pacific International Bank (57246) in SEATTLE, WA | |
| 2013-08-13 | Acquired The Foster Bank (27447) in CHICAGO, IL | |
| 2016-07-29 | Acquired Wilshire Bank (23301) in LOS ANGELES, CA | |
| 2016-07-29 | Changed name to Bank of Hope (26610) |