Far East National Bank

Far East National Bank (FENB) was founded in 1974 as the first federally chartered Asian American bank in the United States. FENB has over 350 employees and total assets exceeding US$1.8 billion. FENB became a wholly-owned subsidiary of Taiwan's Bank SinoPac (a member of SinoPac Holdings) in 1997. Through SinoPac Holdings' extensive financial network in the Pacific Rim, which includes more than 200 business units, FENB now provides its customers with a unique financial service platform to help integrate their business interests in the United States, Taiwan, China, Hong Kong, and Vietnam. In November 2006, Bank SinoPac finalized its merger with the International Bank of Taipei. The combined company has total assets of over US$34 billion and serves more than 2.5 million customers in Asia and North America from more than 204 service locations. Both corporate and individual banking services are provided through a total of 15 branches in Los Angeles, Orange County, San Francisco, Oakland, and the Silicon Valley, along with an overseas Beijing Representative Office. FENB also has a strategic correspondent relationship with First Sino Bank in Shanghai. FENB opened its first overseas branch in Ho Chi Minh City, Vietnam in October 2004. The Bank provides a wide spectrum of financial services, which encompass commercial real estate lending, corporate banking, investments, treasury and foreign exchange, small business loans, mortgages, and other consumer businesses.