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BBCN Bank's Overview

Total employees1350
HeadquartersLos Angeles
Founded2011 (Merger of Nara Bank est. 1989 and Center Bank est. 1986)

BBCN Bank was a prominent financial institution that, prior to its merger in 2016, stood as the largest Korean-American bank in the United States. It was formed in 2011 through the strategic merger of equals between Nara Bank (established in 1989) and Center Bank (established in 1986). Headquartered in Los Angeles, California, BBCN Bank catered primarily to the Korean-American community and small to medium-sized enterprises (SMEs), offering a comprehensive suite of banking products and services. These included commercial and consumer loans, deposit accounts, international trade finance, Small Business Administration (SBA) loans, and wealth management services. The bank was known for its strong community ties and bilingual services. In a landmark move for the Korean-American banking sector, BBCN Bank merged with Hanmi Bank in 2016 to create Bank of Hope (NASDAQ: HOPE), establishing the only super-regional Korean-American bank in the U.S. This page provides historical information regarding BBCN Bank's operations and structure before this significant merger.

Where is BBCN Bank's Headquarters?

HQ Function

The headquarters served as the main administrative and operational center, overseeing strategic planning, credit administration, regulatory compliance, and corporate governance for all BBCN Bank branches and operations.

Notable Features:

Located in a prominent high-rise commercial building on Wilshire Boulevard, the headquarters offered modern office spaces and convenient access for clients and employees. It featured dedicated departments for various banking operations and executive management.

Work Culture:

BBCN Bank fostered a work culture centered on customer service, community engagement, and professional integrity. There was a strong emphasis on bilingual capabilities to effectively serve its diverse customer base, particularly Korean-speaking clients.

HQ Significance:

The headquarters symbolized BBCN Bank's status as the leading financial institution for the Korean-American community in the U.S. It was the nerve center for its expansion and service delivery, playing a crucial role in the economic empowerment of the communities it served.

Values Reflected in HQ: The headquarters' operations and presence reflected BBCN Bank's core values of community focus, customer-centricity, financial prudence, and fostering economic growth for its clients and stakeholders.

Location:

While BBCN Bank's physical branches were located exclusively within the United States, it maintained a notable international capability, primarily focused on facilitating trade and financial transactions between the U.S. and Asia, particularly South Korea. This was achieved through a robust network of correspondent banking relationships, specialized trade finance services (letters of credit, export/import financing), and international wire transfer services. The bank did not operate its own international branches but was a key financial intermediary for businesses and individuals engaged in global commerce.

Street Address:

3660 Wilshire Boulevard, Suite 300

City:

Los Angeles

State/Province:

California

Country:

United States

BBCN Bank's Global Presence

Flushing, New York, United States

Address: 144-29 Northern Blvd, Flushing, NY 11354 (Representative historical branch)

Served as a vital connection point for the East Coast's vibrant Korean-American communities and businesses, facilitating local economic activity and international commerce, particularly with South Korea.

Chicago, Illinois, United States

Address: 5600 N. Lincoln Ave, Chicago, IL 60659 (Representative historical branch)

Supported the financial needs of the Midwest's Korean-American community, focusing on SME lending, deposit services, and fostering local business growth.

Seattle, Washington, United States

Address: 19400 Highway 99, Lynnwood, WA 98036 (Representative historical branch)

Facilitated business and personal banking for the growing Korean-American population in Washington state, contributing to local economic development.

Buying Intent Signals for BBCN Bank

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of BBCN Bank

As of April 2025, BBCN Bank' leadership includes:

Kevin S. Kim - President and Chief Executive Officer
Douglas Goddard - Executive Vice President and Chief Financial Officer
Kyu Kim (Bonita Kim) - Executive Vice President and Chief Operating Officer
Mark Lee - Executive Vice President and Chief Credit Officer

Investors of BBCN Bank

BBCN Bank has been backed by several prominent investors over the years, including:

Prior to its merger, BBCN Bank (as BBCN Bancorp, Inc.) was a publicly traded company listed on the NASDAQ Global Select Market under the ticker symbol 'BBCN'.
Its shareholders comprised a diverse group of institutional investors (including mutual funds, pension funds, and asset management firms) as well as individual retail investors.
Information on specific major institutional holders during its operational period would be available through historical financial data providers.

Executive New Hires/Exits in the Last 12 Months

Hire0
Exits0

In the 12 months leading up to its merger with Hanmi Bank in July 2016, executive activities at BBCN Bank were predominantly focused on the planning and execution of this transformative combination. This period saw key leadership roles defined for the succeeding entity, Bank of Hope, rather than significant standalone hires or exits from BBCN itself.

Departures

Scott Yoon-Suk Whang, Scott Yoon-Suk Whang's tenure as Chairman of BBCN Bancorp concluded with the completion of the merger. Alvin D. Kang (from Hanmi) became the Chairman of the newly formed Bank of Hope.
Douglas Goddard, Douglas Goddard's role as CFO of BBCN Bank concluded with the merger. The CFO role for Bank of Hope was filled by C. G. Kum from Hanmi Financial.

New Appointments:

N/A, No major new external executive appointments to BBCN Bank (distinct from merger-related role designations for Bank of Hope) were publicly highlighted in its final 12 months of operation as an independent entity.

Technology (Tech Stack) used by BBCN Bank

Discover the tools BBCN Bank uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

BBCN Bank Email Formats and Examples

For its corporate communications, BBCN Bank (operating with the domain bbcnbank.com) likely employed standard email address formats common in the banking industry. These formats would have been crucial for internal and external communication.

Common formats included [first_initial][last]@bbcnbank.com (e.g., jsmith@bbcnbank.com) or [first].[last]@bbcnbank.com (e.g., john.smith@bbcnbank.com).

Format

jsmith@bbcnbank.com

Example

0 (Historical domain, no longer active for email)%

Success rate

News and media

Los Angeles TimesDecember 7, 2015

BBCN Bank and Hanmi Bank to merge, creating largest Korean American bank

BBCN Bancorp Inc. in Los Angeles and Hanmi Financial Corp. in Koreatown announced they will merge, creating the nation’s largest Korean American bank with $12.3 billion in assets. The new bank will be called Bank of Hope....more

PR NewswireJuly 29, 2016

BBCN Bancorp, Inc. and Hanmi Financial Corporation Complete Merger of Equals to Create Bank of Hope

BBCN Bancorp, Inc. (NASDAQ: BBCN) and Hanmi Financial Corporation (NASDAQ: HAFC) today announced the successful completion of their merger of equals. The combined company, Hope Bancorp, Inc., and its wholly owned subsidiary, Bank of Hope, create the only super regional Korean-American bank in the United States....more

GlobeNewswireMay 5, 2016

BBCN Bancorp and Hanmi Financial Shareholders Approve Merger of Equals

BBCN Bancorp, Inc. and Hanmi Financial Corporation announced that at their respective special meetings of stockholders held today, the stockholders of both companies approved the proposed merger of equals between BBCN and Hanmi....more

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