United International Bank
|Industry||Finance and Insurance|
|Founded||New York City, New York, U.S. (2006)|
|Headquarters||New York City, New York, U.S.|
|Mr. Fred T. Hung (CEO)|
|Revenue||N/A (Asset = $ 72.448 million)|
The bank established itself as a locally based community bank serving Chinese Americans and Asian Americans in the New York City area, and most of its clients are newly arrived immigrants and local small business owners who often face difficulties in obtaining financial support from other mainstream banks. Catching the rising tide of the booming Chinese and Asian economies, the bank also specializes in financing credit arrangement for import and export trades.
Unlike most overseas Chinese banks in the United States whose managements consist mainly of Chinese people, the managerial team of United International Bank includes a significant number of non-Asians. These include many experienced former executives of mainstream banks invited to help lead the bank to prosperity. The advisory committee and board of directors of the bank includes a number of celebrities such as the famed Dr. Henry C. Lee, and other community activists and leaders.