Southwestern National Bank

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Southwestern National Bank

Type	Private
Founded	Houston, Texas (1997)
Headquarters	Texas
Key people	N/A
Industry	Finance and Insurance
Products	Banking
Revenue	N/A (Asset = $ 237.068 million) Return on assets = 1.3 Return on equity = 14.73
Website	www.swnbk.com

Southwestern National Bank (美南銀行) is a overseas Chinese bank in the United States. Headquartered in Houston, Texas, with branch offices in Plano, Texas, Richardson, Texas and Sugar Land, Texas, this privately-held community bank was first established on November 3, 1997.

The location of Southwestern National Bank (美南銀行) in the south reflects the one of the newest trends of Chinese American and Asian American population diffusion into the area other than the traditional regions settled by Asian Americans such as the western United States and northeastern United States. The establishment of this bank was in accompany with the booming economy of the late 1990’s in the regions of Telecom Corridor (Silicon Prairie) and Silicon Hills, which attracted a significant amount of Chinese / Asia scientists and engineers.

In addition to the traditional Chinese clients, a significant number of the ethnic minority clients of Southwestern National Bank (美南銀行) are Hoa (Chinese Vietnamese), and Vietnamese, and the bank was consequently among the first banks to offer the service of Vietnam money remittance in its international banking business.