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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.
The card itself is a smart card about the size of a credit card. [1] Defense personnel that use the CAC include the Selected Reserve and National Guard , United States Department of Defense (DoD) civilian employees, United States Coast Guard (USCG) civilian employees and eligible DoD and USCG contractor personnel. [ 1 ]
In 2003, EastWest Bank had a network of 129 branches and 145 ATM terminals, this was after the merger with the former Ecology Savings Bank in 2002 [18] and the former AIG Philam Savings Bank in 2009. [19] [20] The merger resulted in EastWest Bank becoming the sixth largest lender for housing, auto and credit cards in the country. [21]
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