American Continental Bank
Encyclopedia
American Continental Bank (美國大陸銀行) is an overseas Chinese bank in the United States
. Headquartered in Industry, California
, with a branch office
in San Gabriel, California
, this privately-held community bank
was established on October 6, 2003.
The bank was first created by a group of local businessmen and individuals who were interested in providing specialized financial services to the Chinese
community. The city of Industry, California is an area with higher factories, and the local Chinese population is greatly involved in the production. As a result, the bank was providing financial services to small and mid-sized business
like the other overseas Chinese bank in the United States, but the bank originally focused on those in the manufacturing business.
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
. Headquartered in Industry, California
Industry, California
Industry is an industrial suburb of Los Angeles in the San Gabriel Valley region of Los Angeles County. Home to over 2,500 businesses and 80,000 jobs, but only 219 residents at the 2010 census - down from 777 residents as of the 2000 United States census - the city is almost entirely industrial...
, with a branch office
Branch (banking)
A branch, banking center or financial center is a retail location where a bank, credit union, or other financial institution offers a wide array of face-to-face and automated services to its customers....
in San Gabriel, California
San Gabriel, California
San Gabriel is a city in Los Angeles County, California, United States. It is named after the Mission San Gabriel Arcángel, founded by Junipero Serra. The city grew outward from the mission and in 1852 became the original township of Los Angeles County. San Gabriel was incorporated in 1913...
, this privately-held community bank
Bank
A bank is a financial institution that serves as a financial intermediary. The term "bank" may refer to one of several related types of entities:...
was established on October 6, 2003.
The bank was first created by a group of local businessmen and individuals who were interested in providing specialized financial services to the Chinese
Han Chinese
Han Chinese are an ethnic group native to China and are the largest single ethnic group in the world.Han Chinese constitute about 92% of the population of the People's Republic of China , 98% of the population of the Republic of China , 78% of the population of Singapore, and about 20% of the...
community. The city of Industry, California is an area with higher factories, and the local Chinese population is greatly involved in the production. As a result, the bank was providing financial services to small and mid-sized business
Small business
A small business is a business that is privately owned and operated, with a small number of employees and relatively low volume of sales. Small businesses are normally privately owned corporations, partnerships, or sole proprietorships...
like the other overseas Chinese bank in the United States, but the bank originally focused on those in the manufacturing business.