Korea Exchange Bank

Status:Inactive as of 10/09/1998
 Merger - Without Assistance
Successor Bank:Nara Bank
Headquarters:Korea Exchange Bank
136-40 39th Avenue
Flushing, NY 11354
Established:01/30/1967
FDIC Insurance:07/30/1985
FDIC Cert:#33689
Charter Class:Insured U.S. branch of a foreign chartered institution (IBA)
Total Assets:$21,171,000
Total Deposits:$21,003,000

History

1985-07-30FDIC certificate number changed from (0) to
1985-07-30Institution established: Original name:Korea Exchange Bank
1998-10-09Merged into and subsequently operated as part of Nara Bank, National Association (27530) in LOS ANGELES, CA
2000-02-25Acquired Korea First Bank of New York (24918) in NEW YORK CITY, NY
2000-02-25Reorganized.
2001-02-02Reorganized.
2003-08-25Acquired Asiana Bank (34831) in SUNNYVALE, CA
2005-01-04Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
2005-01-04Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2005-01-04Changed name to Nara Bank (27530)
2011-12-01Changed name to BBCN Bank (26610)
2011-12-01Merged into and subsequently operated as part of BBCN Bank (26610) in LOS ANGELES, CA
2013-02-21Acquired Pacific International Bank (57246) in SEATTLE, WA
2013-08-13Acquired The Foster Bank (27447) in CHICAGO, IL
2016-07-29Changed name to Bank of Hope (26610)
2016-07-29Acquired Wilshire Bank (23301) in LOS ANGELES, CA

Financial Information (1997-12-31 and Older)