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Home > Company Index > Banking > Banking - West > Pacific Union Bank

Pacific Union Bank
Nasdaq (SC): PUBB
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 PROFILE
The first Korean-American community bank in California and its second-largest bank (behind Hanmi Financial), Pacific Union Bank has been serving its consumer and business clients since 1974. With about a dozen branches primarily in southern California, it offers such deposit products as checking, savings, and money market accounts, CDs, and IRAs. With these funds, Pacific Union writes primarily commercial real estate mortgages (more than half of its loan portfolio); it also offers residential mortgages, commercial and SBA loans, and a variety of consumer loans. The bank also offers its business customers cash management and international trade financing. Korea Exchange Bank owns almost 65% of the company.

 COMPETITION
Hanmi Financial Corporation (HAFC)
Nara Bancorp, Inc. (NARA)
Wilshire State Bank (WSBK)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 48.00
1-Yr. Sales Growth: 5.3%
Employees: 257
Revenue per employee: $186,770.43

 KEY PEOPLE
• Woon Seok Hyun
    CEO
• Y. Dianne Kim
    CFO

 CONTACT INFO
3530 Wilshire Blvd. #1800
Los Angeles, CA 90010
US
Phone: 213-385-0909
Fax: 213-386-6869
Online: Web Site

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