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It was formerly known as Green Bank (or the Rural Green Bank of Caraga), which was a Philippine rural bank based in Butuan and also acquired since 2013 by East West Banking Corporation alongside FinMan Bank, a rural bank based in Pasig. Prior to its acquisition it was the largest bank in the Caraga region in terms of assets, and it had 46 branches.
In 1973, East West Federal Bank was founded as a federal savings and loan association, focused on serving the Chinese American community in Southern California. [12]In 1991, during the savings and loan crisis, the company acquired Pacific Coast Savings, [13] [14] [15] which increased the bank's assets from $600 million to $1 billion and expanded operations to San Francisco, California.
East West Bancorp is the parent company of East West Bank.It is a publicly owned company with over $70 billion in assets as of 2024. [1] [2] The company's wholly owned subsidiary, East West Bank, is the largest state-chartered bank in California as of 2023. [3]
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Julia Suryapranata Gouw is the former president, chief operating officer [2] [3] and a member of the board of directors of East West Bancorp, Inc. and East West Bank. [4] She originally joined East West Bank in 1989 as controller and became executive vice president and chief financial officer from 1994 to 2008.
The bank's operations were merged into East West Bank. [4] The bank, which took on $299 million preferred stock Troubled Asset Relief Program (TARP) funding from the United States Treasury in 2008—which is now a loss to the Treasury—is also expected to cost the FDIC some $1.4 billion in losses, the bulk of the losses on about $7.7 billion ...
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A loyalty program typically involves the operator of a particular program setting up an account for a customer of a business associated with the scheme, and then issue to the customer a loyalty card (variously called rewards card, points card, advantage card, club card, or some other name) which may be a plastic or paper card, visually similar to a credit card, that identifies the cardholder ...