Current Business Spotlight
East West Bank
Updated March 31, 2016
Headquartered in California, East West Bank (Nasdaq: EWBC) is a top performing commercial bank with exclusive focus on the U.S. and Greater China markets. With assets totaling $32.4 billion and a market capitalization of $4.7 billion, it ranks among the 25 largest banks in the United States, and is the largest independent bank headquartered in Southern California with 2,800 employees. East West Bank is one of only a few American banks that have a full banking license in China. Therefore, it operates in more than 130 locations across the United States and China, including in the United States markets of California, Georgia, Nevada, New York, Massachusetts, Texas and Washington. In China, East West Bank’s presence includes full service branches in Hong Kong, Shanghai, Shantou and Shenzhen, and representative offices in Beijing, Chongqing, Guangzhou, Taipei and Xiamen.
East West Bank offers a full range of products and services to the Cerritos community. It offers checking and savings accounts, loans, credit cards, CDs and wire transfers. Additionally, it offers home loans and home equity lines of credit. Finally, East West Bank offers a variety of investment services, such as retirement and estate planning.
East West Bank also provides financing to high-growth industry sectors such as real estate, entertainment and media, high-tech, private equity and venture capital, and aviation. Focused on relationship-driven banking, East West Bank has successfully paired and facilitated numerous cross-border collaborations. With knowledge and expertise in navigating cultural and financial landscapes of both countries, East West Bank connects business owners and individuals to countless opportunities that exist between the world’s two largest economies.
As the premier financial bridge between East and West, East West Bank is recognized by iconic industry publications. For the last six consecutive years (2010-2015), it has been ranked in the top 15 of “America’s 100 Best Banks” by “Forbes.” In 2011, it was listed in “Fortune” magazine’s “Top 10 Stocks.” For the sixth year in a row, East West Bank has generated record earnings. As a steadfast and expanding bridge, its IDC rating is “superior,” and its Fitch rating is “investment grade.”
With its vision to be the premier financial bridge, East West Bank actively participates in nonprofit and community-based organizations, providing worthwhile programs and services to enhance people’s lives. Its community partners include the Getty, the Asian Art Museum of San Francisco, the United Way of Greater Los Angeles and the Los Angeles Lakers. Its unfaltering support of small businesses in the community has earned it Small Business Association’s “2015 Export Lender of the Year.”
The Cerritos branch of East West Bank is located at 11813 E. South Street in Cerritos. The hours of operation are Monday through Thursday, 9 a.m. to 5 p.m.; Friday, 9 a.m. to 6 p.m.; and Saturday, 9 a.m. to 2 p.m. The phone number is (562) 924-8222 and the branch manager is Kim Fung Chu. The website is eastwestbank.com.