Pacific Global Bank is an overseas Chinese bank

Overseas Chinese Banks

Overseas Chinese banks excelled in commerce, finance, and many other industries. They created many banks originally to remit money back to China but now they cater to the people of their adopted countries. These overseas Chinese banks contributed to a large extent to the development of the...

 in the United States

United States

The United States of America is a federal constitutional republic comprising fifty states and a federal district...

. Headquartered in Chicago

Chicago

Chicago is the largest city in the US state of Illinois. With nearly 2.7 million residents, it is the most populous city in the Midwestern United States and the third most populous in the US, after New York City and Los Angeles...

, 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 Chinatown, Chicago

Chinatown, Chicago

The Chinatown neighborhood in Chicago, Illinois, is on the South Side , centered on Cermak and Wentworth Avenues, and is an example of an American Chinatown, or ethnic-Chinese neighborhood. By the [ftp://ftp2.census.gov/census_2000/datasets/demographic_profile/Illinois/2kh17.pdf 2000 Census], has...

, this privately-held

Privately held company

A privately held company or close corporation is a business company owned either by non-governmental organizations or by a relatively small number of shareholders or company members which does not offer or trade its company stock to the general public on the stock market exchanges, but rather the...

 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 November 9, 1995.

Chicago and the surrounding area originally had the third-largest population of Chinese American

Chinese American

Chinese Americans represent Americans of Chinese descent. Chinese Americans constitute one group of overseas Chinese and also a subgroup of East Asian Americans, which is further a subgroup of Asian Americans...

s in the U.S., after the Northeast

Northeastern United States

The Northeastern United States is a region of the United States as defined by the United States Census Bureau.-Composition:The region comprises nine states: the New England states of Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont; and the Mid-Atlantic states of New...

 and West Coast

West Coast of the United States

West Coast or Pacific Coast are terms for the westernmost coastal states of the United States. The term most often refers to the states of California, Oregon, and Washington. Although not part of the contiguous United States, Alaska and Hawaii do border the Pacific Ocean but can't be included in...

Although the 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:...

 generally provides the similar kind of services catering to the local Chinese

Chinese people

The term Chinese people may refer to any of the following:*People with Han Chinese ethnicity ....

 community, its clients include greater portions of scientists and engineers than other overseas Chinese banks, which cater more to small 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...

 owners and import

Import

The term import is derived from the conceptual meaning as to bring in the goods and services into the port of a country. The buyer of such goods and services is referred to an "importer" who is based in the country of import whereas the overseas based seller is referred to as an "exporter". Thus...

–export

Export

The term export is derived from the conceptual meaning as to ship the goods and services out of the port of a country. The seller of such goods and services is referred to as an "exporter" who is based in the country of export whereas the overseas based buyer is referred to as an "importer"...

 merchant

Merchant

A merchant is a businessperson who trades in commodities that were produced by others, in order to earn a profit.Merchants can be one of two types:# A wholesale merchant operates in the chain between producer and retail merchant...

s. This reflects the general occupational trend of Chinese Americans in the Chicago region, and had helped the bank expand rapidly.