Pacific Global Bank
 | |
| Type | Subsidiary (since September 2019) |
|---|---|
| Industry | Financial services |
| Founded | Chicago (1995) |
| Headquarters | Chicago |
Key people | Betty Chow |
| Products | Banking |
| Website | www.pacificglobalbank.com |
Pacific Global Bank (Chinese: 高寶銀行) is a commercial bank in the United States. Headquartered in Chicago, with 3 branches in Chinatown, Chicago and Bridgeport, Chicago, the community bank was privately held and was established on November 9, 1995.
Although the bank generally provides the similar kind of services catering to the local Chinese community, its clients include greater portions of scientists and engineers than other overseas Chinese banks, which cater more to small business owners and import–export merchants. This reflects the general occupational trend of Chinese Americans in the Chicago region, and had helped the bank expand rapidly.
In September 2019, Pacific Global Bank was acquired by Royal Business Bank for $32.5 million.[1]
References[]
- ^ "Pacific Global sale brings L.A.-based Chinese-American bank to Chicago". Crain's Chicago Business. 2019-09-06. Retrieved 2021-06-04.
External links[]
- Asian-American culture in Chicago
- Chinese-American culture in Illinois
- Chinese American banks
- Companies based in Chicago
- Banks based in Chicago
- Banks established in 1995
- Privately held companies based in Illinois
- 2019 mergers and acquisitions