LOS ANGELES, June 17, 2013 /PRNewswire/ -- Cathay General
Bancorp (NASDAQ: CATY), the holding company for Cathay Bank,
announced today that Cathay Bank has opened a branch in
Las Vegas, Nevada, located at 6110
Spring Mountain Road.
This is the first branch in Nevada for Cathay Bank. With the opening
of this new branch, Cathay Bank now has a total of 50
branches in the United States,
located in California,
New York, Texas, Washington, Massachusetts, Illinois, New
Jersey, and Nevada.
"We are pleased to be able to expand our presence into the
Las Vegas community with the
establishment of this branch," said Dunson
K. Cheng, Chairman of the Board, President, and Chief
Executive Officer of Cathay General Bancorp and Cathay Bank. "We
look forward to bringing our banking products and service to local
families and businesses in this market area."
Gorden Phong is the Branch
Manager of this new location and can be contacted directly at (702)
453-8889 during normal business hours which are: Monday
through Thursday from 9:00 a.m. to 5:00
p.m., Friday from 9:00 a.m. to 6:00
p.m., and Saturday from 9:00 a.m. to
1:00 p.m.
ABOUT CATHAY GENERAL BANCORP
Cathay General Bancorp is the holding company for Cathay Bank, a
California state-chartered
bank. Founded in 1962, Cathay Bank offers a wide range of
financial services. Cathay Bank currently operates 31 branches in
California, eight branches in
New York State, one in
Massachusetts, two in Texas, three in Washington State, three in the Chicago, Illinois area, one in New Jersey, one in Nevada, one in Hong
Kong, and a representative office in Taipei and in Shanghai. Cathay Bank's website is found at
http://www.cathaybank.com/.
FORWARD-LOOKING STATEMENTS
Statements made in this press release, other than statements of
historical fact, are forward-looking statements within the meaning
of the applicable provisions of the Private Securities Litigation
Reform Act of 1995 regarding management's beliefs, projections, and
assumptions concerning future results and events. Forward-looking
statements are based on estimates, beliefs, projections, and
assumptions of management and are not guarantees of future
performance. These forward-looking statements are subject to
certain risks and uncertainties that could cause actual results to
differ materially from our historical experience and our present
expectations or projections. Some of these risks are described in
the Cathay General Bancorp's Annual Report on Form 10-K for the
year ended December 31, 2012 (Item 1A
in particular), other reports filed with the Securities and
Exchange Commission ("SEC"), and other filings Cathay General
Bancorp makes with the SEC from time to time. Cathay General
Bancorp has no intention and undertakes no obligation to update any
forward-looking statement or to publicly announce any revision of
any forward-looking statement to reflect future developments or
events, except as required by law.
SOURCE Cathay General Bancorp