Hope Bancorp, Inc. operates as the bank holding company for Bank of Hope that provides banking services for small and medium-sized businesses, and individuals in the United States. The company accepts personal and business checking, money market, savings, time deposit, and individual retirement accounts. Its loan products include commercial loans to businesses for various purposes, such as working capital, purchasing inventory, debt refinancing, business acquisitions, and other business related financing needs; real estate loans; small business administration loans; and consumer loans, such as single-family mortgage, home equity, auto, credit card, and personal loans. The company also offers trade finance services, including the issuance and negotiation of letters of credit, as well as handles documentary collections; warehouse lines of credit to mortgage loan originators; and commercial equipment lease financing. In addition, it provides cash management services, such as remote deposit capture, lock box, and ACH origination services; investment and wealth management services; mobile banking services; debit card services; foreign exchanges services, safe deposit boxes, and other customary bank services; internet banking services; and automated teller machine services. As of December 31, 2021, the company operated 47 full-service branches in California, Washington, Texas, Illinois, New York, New Jersey, Virginia, and Alabama; SBA loan production offices in Atlanta, Houston, Dallas, Denver, Portland, Seattle, Fremont, and Southern California; and a representative office in Seoul, Korea. Hope Bancorp, Inc. was incorporated in 2000 and is headquartered in Los Angeles, California.
Hope Bancorp was established in 1989 as a bank holding company. It was originally named BBCN Bancorp, with Bank of Hope being its primary subsidiary. The company opened its first branch in 1991 and has since grown to become one of the leading banks in the nation, operating over 150 branches in California, New York, New Jersey, Illinois, Virginia, Washington and Texas.
Mr. Thomas P. Stenger (Sr. Exec. VP & Chief Risk Officer)
Mr. Jason K. Kim (Sr. EVP & Pres of Western Regional of Bank of Hope)
Mr. Peter J. Koh (Sr. EVP & COO)
Mr. Andy Chan (Exec. VP & Chief Internal Audit Exec.)
Mr. Daniel H. Kim (Exec. VP and Chief Strategy & Admin. Officer)
Ms. Angie Yang (Sr. VP and Director of IR & Corp. Communications)
Ms. Angelee J. Harris (Exec. VP, Gen. Counsel & Corp. Sec.)
Hope Bancorp has been awarded by Forbes Magazine as one of the Most Trustworthy Financial Companies in 2018, recognized by American Banker as one of the Top 10 Consumer Banks in 2018 and awarded the Top Regional Bank in the West in 2019 by Global Finance Magazine.
United States 