Cathay General Bancorp

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Cathay General Bancorp is a bank holding company headquartered in Los Angeles, California. It was founded in 1962 and is currently one of the largest banks in the United States focused on serving the Chinese American community.
The company’s main subsidiary, Cathay Bank, operates over 60 branches in California, Illinois, Massachusetts, Nevada, New Jersey, New York, Texas, and Washington. The bank provides a wide range of financial services including personal and business banking, home loans, and international banking.
Cathay General Bancorp is publicly traded on the NASDAQ stock exchange under the ticker symbol CATY. As of 2021, it has total assets of over $21 billion and employs over 1,200 people. The company’s mission is to provide financial services to diverse communities, with a particular focus on the Chinese American community.
In addition to its banking operations, Cathay General Bancorp is also involved in charitable and community initiatives. It has partnered with organizations such as the American Red Cross and the United Way to support disaster relief efforts and local community programs. The company also has a program called Go Beyond which encourages employees to volunteer and give back to their communities.
Cathay General Bancorp has received recognition for its financial performance, diversity and inclusion efforts, and community involvement. In 2020, it was named one of the Best Banks in America by Forbes and ranked as one of the Top 50 Corporate Philanthropists by the Los Angeles Business Journal. The company has also been recognized as a leader in diversity and inclusion by organizations such as Forbes and Fortune.

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