Korea Exchange Bank

Status:Inactive as of 04/23/2004
 Absorption - Without Assistance
Successor Bank:Bank of Hope
Headquarters:Korea Exchange Bank
181 West Madison, Suite 2100
Chicago, IL 60602
Established:01/30/1967
FDIC Insurance:03/07/1980
FDIC Cert:#33667
Charter Class:Insured U.S. branch of a foreign chartered institution (IBA)
Total Assets:$24,988,000
Total Deposits:$16,812,000

History

1975-09-05FDIC certificate number changed from (0) to
1975-09-05Institution established: Original name:Korea Exchange Bank
2004-04-23Merged into and subsequently operated as part of Center Bank (26610) in LOS ANGELES, CA
2005-04-15Reorganized.
2010-04-16Acquired Innovative Bank (23876) in OAKLAND, CA as part of a government assisted transaction.
2011-12-01Moved bank headquarters from CHICAGO, IL to LOS ANGELES, CA
2011-12-01Changed name to BBCN Bank (26610)
2011-12-01Acquired Nara Bank (27530) 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 (2004-03-31 and Older)