Universal Bank
Encyclopedia
Universal Bank 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
.
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
. Headquartered in West Covina, California
West Covina, California
West Covina is a city located in Los Angeles County, California. Located some east of Downtown Los Angeles in the eastern San Gabriel Valley, it is a mostly middle class suburb of Los Angeles...
, with branch offices
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 Arcadia, California
Arcadia, California
Arcadia is an affluent city in Los Angeles County, California, United States, and located approximately northeast of downtown Los Angeles in the San Gabriel Valley and at the base of the San Gabriel Mountains....
, Eagle Rock, Los Angeles, California
Eagle Rock, Los Angeles, California
In 1909, Hill Avenue, now Hill Drive, was one of Eagle Rock's most beautiful streets. Other streets were Royal Drive , Acacia Street , Kenilworth Avenue , Highland Avenue , and Fairmont Avenue...
, Monterey Park, California
Monterey Park, California
Monterey Park is a city in Los Angeles County, California, United States, east of downtown Los Angeles. The city's motto is "Pride in the past, Faith in the future"...
, Orange, California
Orange, California
Southern California is well-known for year-round pleasant weather: - On average, the warmest month is August. - The highest recorded temperature was in 1985. - On average, the coolest month is December. - The lowest recorded temperature was in 1950...
, and Rosemead, California
Rosemead, California
Rosemead is a city in Los Angeles County, California, United States. As of the 2010 census, it had a population of 53,764. Rosemead is part of a cluster of cities, along with Arcadia, Temple City, Monterey Park, San Marino, and San Gabriel, in the west San Gabriel Valley with a growing Asian...
, 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 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
Los Ángeles
Los Ángeles is the capital of the province of Biobío, in the commune of the same name, in Region VIII , in the center-south of Chile. It is located between the Laja and Biobío rivers. The population is 123,445 inhabitants...
to venture into Orange County, California
Orange County, California
Orange County is a county in the U.S. state of California. Its county seat is Santa Ana. As of the 2010 census, its population was 3,010,232, up from 2,846,293 at the 2000 census, making it the third most populous county in California, behind Los Angeles County and San Diego County...
.