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UCBH HOLDINGS INC. San Francisco, California; Bank Operator Eyes Growth In L.A., New York.(THE NEW AMERICA)
Byline: MARILYN MUCH
Thomas Wu is quick to tell you he doesn't need acquisitions to fuel his company's growth.
But if the chief executive of UCBH Holdings Inc. finds a deal that fits into his game plan, you can be sure he won't pass up the chance to examine it.
Based in San Francisco, UCBH is the holding company for United Commercial Bank, which caters to Asian-Americans via 41 branches in California and one in Brooklyn, N.Y.
In the past seven months, UCBH has closed on two buys. It purchased Bank of Canton of California in October. Two months later, it acquired the $12.7 million deposit portfolio of Broadway National Bank in Brooklyn.
Just as the ink was drying on those deals, Wu signed a pact on another.
Early last month, UCBH agreed to buy First Continental Bank, which boasts $333.9 million in assets and four branches serving the San Gabriel Valley in Southern California.
- UCBH Holdings, Inc. Completes Acquisition of First Continental Bank;...
- Press release article from: Business Wire July 14, 2003 700+ words
...executive officer of UCBH Holdings, Inc...market share in southern California. The successful...regional director of southern California and will direct...TM) throughout southern California. "We have long admired the UCBH culture of unsurpassed...
- UCBH Holdings, Inc. Signs Definitive Agreement to Acquire First Continental...
- Press release article from: Business Wire April 3, 2003 700+ words
...third quarter of 2003. UCBH management projects...our market share in southern California," said Thomas S...Executive Officer of UCBH Holdings, Inc...leadership in directing our southern California business as we focus...Teleconference and Webcast UCBH will hold a conference...
- UCBH Holdings, Inc. Appoints Mr. Joseph Jou to Board of Directors; Appointment...
- Press release article from: Business Wire July 18, 2003 700+ words
...which was acquired by UCBH on July 11, 2003...business community in southern California. "We are very pleased...Executive Officer of UCBH Holdings, Inc...1991. We anticipate UCBH will benefit from his...expertise and contacts in southern California. We look forward to...
- UCBH Holdings, Inc. Announces the Opening of Westminster Branch in Southern...
- Press release article from: Business Wire March 31, 2006 700+ words
...Inc. (Nasdaq:UCBH), the holding...s presence in Southern California. With the opening...Executive Officer of UCBH Holdings, Inc...to increase our Southern California market share." About UCBH Holdings, Inc...
- UCBH Holdings, Inc. Opens New Commercial Banking Center in Southern California;...
- Press release article from: Business Wire April 6, 2001 700+ words
...Nasdaq:UCBH), the holding...presence in Southern California. A seasoned...officer of UCBH Holdings...business in the Southern California market...business in Southern California by the end...year." UCBH Holdings...
- UCBH Holdings, Inc. Appoints Mr. Joseph Lee as President and Chief Executive...
- Press release article from: Business Wire November 2, 2004 700+ words
...Holdings, Inc. (Nasdaq:UCBH), the holding company of...Chief Executive Officer of UCBH Holdings, Inc. "With more...branches throughout Northern and Southern California, also offer financial consulting...principal invested. About UCBH Holdings, Inc. UCBH Holdings...
- UCBH Holdings, Inc. Announces Opening of San Marino Branch in California.
- Press release article from: Business Wire June 3, 2008 700+ words
...NASDAQ:UCBH), the holding...Valley of the Southern California market. With...market share in Southern California. "We are...Officer of UCBH Holdings...customers in Southern California." About UCBH Holdings...
- UCBH Holdings, Inc. Reports 57% Increase in 2003 Second Quarter Net Income.
- Press release article from: Business Wire July 17, 2003 700+ words
...said, "We are pleased with UCBH's strong financial performance...the dedicated focus of the UCBH team in successfully executing...the BCC acquisition in which UCBH will reduce the securities...commercial bank headquartered in southern California. We believe that this acquisition...