United Commercial Bank

Infobox_Company
company_name = United Commercial Bank
company_
company_type = Public (nasdaq|UCBH)
company_slogan =
foundation = San Francisco, CA (1974)
location = San Francisco, CA
key_people = Thomas S. Wu, Chairman, President & CEO
num_employees = 1,318
industry = Finance and Insurance
products = Banking
revenue = $583.3 million USD (profit $100.9M FY 2006)
homepage = [http://www.ibankunited.com www.ibankunited.com]

United Commercial Bank (Chinese: 聯合銀行) is a overseas Chinese bank in the United States, based in San Francisco, CA. It is a subsidiary of UCBH Holdings. Founded in 1974 as United Federal Savings and Loan Association, it changed its name to United Savings Bank, and finally United Commercial Bank in 1998. It has operations and branches located in the San Francisco Bay Area, Sacramento, Stockton, Los Angeles and Orange Counties, New York, Boston, Greater Seattle Area, Hong Kong, Atlanta, Houston, Shanghai and two representative branches in Taipei, Taiwan and Shenzhen, China.

On January 11, 2007, UCBH announced that it was acquiring The Chinese American Bank with branch locations in Manhattan, New York and Flushing, New York. The deal is expected to close in the second quarter of 2007. On March 27, 2007, it was announced that UCBH would acquire Business Development Bank.

Acquisitions

* Asian American Bank & Trust Company (2005)
* Summit National Bank (2006)
* The Chinese American Bank (2007)
* Business Development Bank Ltd. (2007) (pending)

External links

* [http://www.ibankunited.com/ United Commercial Bank homepage]