EverTrust Bank is a subsidiary of Industrial Bank of Taiwan (IBT). Headquartered in the City of Pasadena in Southern California, EverTrust Bank was established in 1995 by a group of overseas Chinese bankers and entrepreneurs. In July 2006, IBT reached an agreement with the Bank to purchase 100% stake of the Bank via a newly established U.S. holding company, IBT Holdings Corp. The acquisition was consummated on March 30, 2007 and has become an important step in IBT's strategy of international expansion.
Presently, the Bank focuses on servicing Chinese businesses in California providing C&I, trade finance, commercial real estate and construction loans as well as deposit services. EverTrust Bank has seven full service branches located at Pasadena, City of Industry, Alhambra, Irvine, Rosemead, Cupertino and Arcadia.
www.evertrustbank.com - 21819 - EverTrust Bank
