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Bank holding company: Hanmi Financial Corporation (HAFC)

Hanmi Financial Corporation (NASDAQ: HAFC) was founded in 2000 and listed on NASDAQ in 2001 with an IPO. It is headquartered in Los Angeles, California, and has 635 full-time employees. It is a bank holding company. Through controlling Hanmi Bank ( Korean American Bank), providing commercial banking products and services in the United States.

Hanmi Bank

Hanmi Financial Corporation (HAFC):

Hanmi Bank, a wholly-owned subsidiary of Hanmi Financial Corporation, provides personal and commercial financial services. The latter is an American community bank that focuses on the Korean-American community and covers most of California.

As of January 24, 2019, Hanmei Finance has established 39 full-service branches and branches in California, Texas, Illinois, Virginia, New Jersey, New York, Colorado, Washington and Georgia. 9 loan offices.

Hanmi Financial Corporation provides various deposit products, including non-interest checking accounts, interest-bearing checking and savings accounts, transferable orders for withdrawal accounts, money market accounts and certificates of deposit.

Hanmi Financial Corporation also provides real estate loans, including commercial real estate, construction and residential real estate loans; commercial and industrial loans, such as commercial loans and commercial credit lines, as well as international finance, trade services and products including letters of credit and import and export financing.

In addition, Hanmi Financial Corporation also provides consumer loans, including car loans, secured and unsecured personal loans, home improvement loans, home equity credit lines, unsecured credit lines and credit cards; small business management loans for business purposes, including self-occupation Commercial real estate, business acquisitions, start-ups, franchise financing, working capital, improvement and renovation, inventory and equipment, debt refinancing, and equipment lease financing.

On May 21, 2018, Hanmi Financial Corporation acquired Southwestern National Bank.

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