Founded in 1962, Cathay Bank is a financial institution that serves individuals and business customers. The bank operates more than 45 locations in California, New York, Massachusetts, Texas, Washington, Illinois and New Jersey. It provides a range of checking, individual retirement and savings account options. In addition, Cathay Bank offers certificates of deposit and debit and credit cards. The bank provides a variety of loans for commercial financing, automobiles, homes and real estate properties. It offers merchant banking and cash and wealth management solutions. Cathay Bank has various subsidiaries, Cathay Holdings and GBC Real Estate Investments. The bank is a part of Cathay General Bancorp.
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