United Commercial Bank

United Commercial Bank (Chinese: 聯合銀行) was an overseas Chinese bank in the United States, based in San Francisco, California. It was a subsidiary of UCBH Holdings. Founded in 1974 as United Federal Savings and Loan Association, it changed its name to United Savings Bank, and finally United Commercial Bank in 1998. It had operations and branches located in the San Francisco Bay Area, Sacramento, Stockton, Los Angeles and Orange Counties, New York, Boston, Greater Seattle Area, Hong Kong, Atlanta, Houston, Shanghai and two representative branches in Taipei, Taiwan and Shenzhen, China. United Commercial Bank was closed by regulators on November 6, 2009; it was the 120th U.S. bank to fail in 2009, and it had $11.2 billion in assets at the time of the bank failure.

Read more about United Commercial Bank:  Corporate History, UCBH Acquisitions

Famous quotes containing the words united, commercial and/or bank:

    The United States Constitution has proved itself the most marvelously elastic compilation of rules of government ever written.
    Franklin D. Roosevelt (1882–1945)

    A commercial society whose members are essentially ascetic and indifferent in social ritual has to be provided with blueprints and specifications for evoking the right tone for every occasion.
    Marshall McLuhan (1911–1980)

    It was like passing a boundary to dive
    Into the sun-filled water, brightly leafed
    And limbed and lighted out from bank to bank.
    That’s how the stars shine during the day.
    Wallace Stevens (1879–1955)