| History |
| 2008 |
Aug. |
Jackson Heights Branch relocated and changed the name to Woodside Office |
|
May. |
Stanford Full Branch, CA (21th overall office) |
|
Mar. |
Nara Bank enters the New Jersey market with branch in Brick, NJ (20th overall office) |
| 2007 |
Jul. |
Introduction of Remote Deposit and Cash Management Services |
|
Apr. |
Garden Grove Full Branch, CA (19th overall office) |
| 2006 |
Dec. |
$2 Billion in Total Assets |
|
Nov. |
Teamed up with Allpoint, an ATM network to offer 32,000 surcharge-free ATMs, nationwide. |
|
Oct. |
New Corporate Offices - 3731 Wilshire Blvd., Suite 1000, Los Angeles, CA 90010 |
|
Mar. |
Fullerton Full Branch, CA (18th overall office) |
| 2005 |
|
|
|
Aug. |
Gardena Branch, CA (16th overall office) |
| 2004 |
Mar. |
Rowland Heights Branch, CA (15th overall office) |
| |
Jan. |
First Korean American bank included in the S&P index |
| 2003 |
Oct. |
Acquired Deposits/Loans of Korea Exchange Bank in New York (Deposits of million and Loan of $43 million) |
| |
Aug. |
Wilshire Branch, CA (14th overall office) |
| |
Aug. |
Acquired Asiana Bank in California ($25 million in assets with one full service branch in Oakland, CA – 11th overall office) |
| |
Jun. |
Diamond Bar Branch, 6th market branch (13th overall office) |
| |
May |
Virginia Loan Production Office, 6th LPO |
| |
Mar. |
$1 Billion in Total Assets |
| |
|
First Korean American banks to offer Korean Collateral Loans |
| 2002 |
Dec. |
Acquired Deposits of Industrial Bank of Korea ($45 million) |
| 2001 |
Dec. |
Atlanta Loan Production Office, 5th LPO |
| |
Sep. |
Cerritos Branch, 8th full service branch (12th overall office) |
|
Aug. |
Nara Scholarship Foundation established |
| 2000 |
Sep. |
New Jersey Loan Production Office, 4th LPO |
| |
Aug. |
Oakland Branch, 7th full service branch (11th overall office) |
| |
Jul. |
$500 Million in Total Assets |
| |
Feb. |
Nara Bancorp, Inc. organized as parent company of Nara Bank, N.A. |
| |
|
Acquired Korea First Bank in New York ($75 million in assets) and opened 3 branches in Manhattan, Jackson Heights, and Flushing (8th/9th/10th overall) |
| 1998 |
Oct. |
Acquired Korean Exchange Bank in Flushing, NY ($23 million in assets) |
| |
Sep. |
Fullerton Branch, 4th market branch (7th overall office) |
| |
Jul. |
Glendale Branch, 3rd market branch (6th overall office) |
| |
Jun. |
Northern California Loan Production Office, 2nd LPO |
| |
Apr. |
Seattle Loan Production Office, 1st LPO |
| |
Jan. |
Listed on NASDAQ (closing price $4.39, split adjusted) |
| 1997 |
Dec. |
Silicon Valley Branch, 3rd full service branch (5th overall office) |
| |
|
Valley Branch, 2nd market branch (4th overall office) |
| |
Jun. |
Torrance Branch, 1st market branch (3rd overall office) |
| |
Jan. |
U.S. Small Business Administration granted PLP status |
| 1996 |
Jun. |
Downtown Branch, 2nd full service branch (2nd overall office) |
| 1994 |
Jan. |
Miju Bank changed its name to Nara Bank |
| 1989 |
Jun. |
Miju Bank (United Citizens Bank) founded, Olympic Branch (1st overall office) |