The FENB Story



 

Far East Headquarters Far East National Bank (FENB) was founded in 1974 as the first federally chartered Asian American bank in the United States. FENB has over 350 employees and total assets exceeding US$1.7 billion.

FENB became a wholly-owned subsidiary of Taiwan's Bank SinoPac (a member of SinoPac Holdings) in 1997. Through SinoPac Holdings' extensive financial network in the Pacific Rim, which includes more than 200 business units, FENB now provides its customers with a unique financial service platform to help integrate their business interests in the United States, Taiwan, China, Hong Kong, and Vietnam.

In Agugst of 2005, both SinoPac Holdings and the International Bank of Taipei's shareholders approved the merger between the two financial institutions. The combined company will have total assets of US$ 32 billion and more than 2.5 million customers in Asia and North America.

Both corporate and individual banking services are provided through a total of 15 branches in Los Angeles, Orange County, San Francisco, Oakland, and the Silicon Valley, along with an overseas Beijing Representative Office. FENB also has a strategic correspondent relationship with First Sino Bank in Shanghai. FENB opened its first overseas branch in Ho Chi Minh City, Vietnam in October of 2004.

The Bank provides a wide spectrum of financial services, which encompass commercial real estate lending, corporate banking, investments, treasury and foreign exchange, small business loans, mortgages, and other consumer businesses.

FENB also offers corporate advisory and capital services through the Bank's wholly-owned subsidiary, Far East Capital Corporation (FECC). FECC engages in corporate advisory services to emerging and high growth companies and obtains corporate mandates to raise equity capital, senior debt, and mezzanine debt in support of clients' business plans.

SinoPac Financial Services, Inc., an affiliate of FENB, directs the delivery of securities brokerage, mutual fund, and insurance annuity product services.

Our full-service branches and specialized groups stand ready to satisfy customers' needs and exceed their expectations.

As the Bank continues to expand its business horizon in greater breadth and depth, our vision of becoming a premier financial service provider to help our customers succeed has never been clearer. We are your key to the Pacific Rim.

 


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(c)2005 Far East National Bank | Member FDIC | Equal Opportunity Lender