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Center Financial Corporation

A collection of news and information related to Center Financial Corporation published by this site and its partners.

Top Center Financial Corporation Articles see all

Displaying items 1-5
  • Race for California tax board gets unusually personal

    SACRAMENTO — Contests for seats on the state tax board are typically low-profile affairs, but a battle between two lawmakers for one of the posts is shaping up as an ugly fight.
  • Merger of Nara and Center will create largest Korean-American bank in U.S.

     
    Center Financial Corp. of Los Angeles will merge with one of its Koreatown rivals, Nara Bancorp Inc., creating by far the largest Korean-American bank in the nation and continuing consolidation in a banking niche hit hard by losses on commercial...

    First PacTrust to acquire Beach Business Bank of Manhattan Beach

     
    First PacTrust Bancorp, the parent of Chula Vista's Pacific Trust Bank, has agreed to acquire Beach Business Bank, a Manhattan Beach community bank with a specialty sideline of lending to physicians across the country. The deal, expected to close early...

    Nara and Center merge to form BBCN, largest Korean American bank

     
    Bank merger: The parent companies of Center Bank and Nara Bank were scheduled to announce completion of their merger on Wednesday afternoon. The renamed BBCN Bank will be the seventh-largest bank based in Los Angeles County, with $4.4 billion in...

    Eight more banks fail; Koreatown's Center Bank takes over Oakland rival

     
    Bank regulators shut down two Northern California banks Friday and six in other states, bringing total bank failures for the year to 50 in the United States and four in California. The Federal Deposit Insurance Corp. said Innovative Bank of...