Universal Bank
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Universal Bank | |
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Type | Private |
Founded | West Covina, California, (1954) |
Headquarters | Los Angeles County, California, and Orange County, California |
Key people | N/A |
Industry | Finance and Insurance |
Products | Banking |
Revenue | N/A (Asset = $ 449.228 million) Return on assets = 1.31 Return on equity = 12.5 |
Website | www.universalbank.com |
Universal Bank (Chinese: 環球銀行) is an overseas Chinese bank in the United States. Headquartered in West Covina, California, with branch offices in Arcadia, California, Eagle Rock, Los Angeles, California, Monterey Park, California, Orange, California, and Rosemead, California, this privately-held community bank was first established on November 17, 1954.
Universal Bank has recently focused on providing mortgage and other real estate financing for Chinese/Asian immigrants in the local community, following them to the regions outside of their traditional residential areas, and becoming one of the few overseas Chinese banks in Los Angeles to venture into Orange County, California.