American Continental Bank

American Continental Bank (Chinese: 美國大陸銀行) is an overseas Chinese bank in the United States. Headquartered in Industry, California, with a branch office in San Gabriel, California, the bank is privately held and was established on October 6, 2003.

American Continental Bank
TypePrivate
IndustryFinance and Insurance
FoundedOctober 6, 2003
HeadquartersLos Angeles County, California
Key people
Mr. Terry Lou, CEO
ProductsBanking
Total assets$ 328.579 million (March 31, 2021)
Websitewww.americancontinentalbank.com

The bank was first created by a group of local businessmen and individuals who were interested in providing specialized financial services to the Chinese community. The City of Industry, California is an area with higher concentration of factories, and the local Chinese population is greatly involved in production. As a result, the bank provides financial services to small and mid-sized businesses like other overseas Chinese banks in the United States, but the bank originally focused on those in the manufacturing industry.

In October 2022, the Taiwan-based Taichung Bank announced plans to acquire the American Continental Bank.[1]

References
  1. Pan, Tzu-yu and; Ko, Lin (1 October 2022). "Taichung Commercial Bank board agrees to acquire American bank". Central News Agency. Retrieved 4 October 2022. Republished as: "TCB to purchase American Continental". Taipei Times. 3 October 2022. Retrieved 4 October 2022.
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