Events

Golden Bank Celebrates its 35th Anniversary

On October 8, 2020, Golden Bank partnered with Hope Clinic to offer low-income families with free flu shots as part of its 35th Anniversary Celebration at our headquarter Bellaire office.
In 1985, Golden Bank was established in response to the needs of the community to serve the small businesses and new immigrant customers. Golden Bank set out to offer quality financial services because we listened and understood our customers’ needs. Golden Bank is proud to continue our tradition of putting customers first by providing free flu shots during a public health crisis as an alternative way to celebrate our 35th Anniversary.
Over the past 35 years, Golden Bank continued to support our community and actively sponsored numerous organizations and events. In 2020, as the COVID-19 pandemic and resulting hospitalizations continued to rise, Golden Bank partnered with Taiwanese Chamber of Commerce of North America (TCCNA) and donated more than 250,000 masks to City of Houston, City of Sugar Land, City of Stafford, Harris County Judge Office, Congressmen, City Councils, County Constable Office, and multiple nursing homes in Houston. Golden Bank also sponsored the “Asian Americans Salute Frontline Heroes” project to purchase and distribute meals to first responders and frontline healthcare workers to show our appreciation for these local heroes.
In celebrating Golden Bank’s 35th year milestone, Chairman Kenneth Wu said: “The past 35 years gave us a chance to learn from our customers in the community about their evolving financial needs, new opportunities and challenges. As a small and mid-size business, how the Bank can better help them integrate into the ever changing financial environment. As a Bank, we look forward to learning from our past experiences, while ensuring we adapt to the dynamic needs of our customers. We genuinely appreciate all of our customer’s trust and support, and you can be assured of our continued dedication to the Bank’s vision in providing excellent banking solutions and services.
“Golden Bank’s total assets surpassed one billion dollars last year, which was a remarkable milestone and a testament to our team’s strong performance. As we head into our 36th year, our team will stay vigilant to work diligently and efficiently, so that we can provide the same high quality of services to our wonderful customers.
“In addition to our success in Texas, and with the amazing effort and support from our employees, Golden Bank has successfully expanded in Southern California. Both our Alhambra Branch and Tustin Branch have been providing excellent banking services to our customers in the Southern California market. Our plan is to continue to expand and establish more services in California.”
Chief Executive Officer, David Lin mentioned: "As COVID-19 continues to impact our communities, Golden Bank wants to reassure you that we are taking every action to support our customers and businesses to overcome these difficult times. Today’s free flu shot event is one of the ways Golden Bank continues to be a leader in supporting our customers and community. Together, we will overcome the pandemic and be stronger!”
As always, if there is anything our Bank can assist with, please visit our local branches or call (713) 234-0854 for any of your banking needs.

 

Golden Bank, N.A. held its 2020 Annual Shareholders’ Meeting on May 14^th, 2020 at its corporate office in Houston, Texas.

“2019 was a milestone year for the Bank.  The Bank’s total assets surpassed the one billion dollar mark since October 2019, with significant loans and deposits growth.  Our Bank recorded a net-income-after-tax of $15.2 million for the year, the highest level in our bank’s history.  Although we are proud of our success, I want to emphasize that the success is a team effort, and we could not have reached these goals without the hard work and dedication from each and every one of our employees.  I want to especially thank our board of directors and our shareholders for their support and confidence in our management. 

Golden Bank upholds the principle of quality and value.  We strive for long-term and sustainable values while pursuing our business goals.  We build the Bank with a balanced strategy and minimize the risk borne by our customers and the Bank by focusing on sound and prudent practices.  Since our establishment, Golden Bank has always built our relationship with our customers on the principle of a “win-win” model. We emphasize quality products and services at the most favorable prices to our customers; while at the same time, we strive to enhance our competitiveness and efficiency through sustainable strategies. To win their loyalty and trust, our Bank works hard to achieve excellent customer satisfaction while helping them to achieve financial success.

With the recent development of the COVID-19 pandemic, safety and health of our customers and employees became the Bank’s top priority.  Golden Bank wants to reassure our community that we are taking every measure to protect our customers and our employees, while maintaining uninterrupted services to serve our customers.” said Mr. Kenneth Wu, Chairman of Golden Bank.

Herbert Ng, President of Golden Bank said: “While pursuing business development, Golden Bank has always focused on long-term values, corporate social responsibility, and sustainable enterprise development.  Golden Bank is committed to expand our services by continual development of our product and services, such as online banking, cash management and our newly launched commercial payment processing services to serve our customers in Texas and California.  

To help our community and customers to overcome the impact of the COVID-19 pandemic, Golden Bank actively rolled out the Paycheck Protection Program (PPP) from the U.S. Small Business Administration.  We have successfully completed millions of PPP loans and helped hundreds of small business customers and non-customers to obtain loans to keep their workers on payroll.”

At the shareholder’s meeting, the attending shareholders re-elected the seven current board members - Kenneth Wu, Milton Yang, Richard Tseng, Al Duran, Alice Chen, Dennis Wu and Herbert Ng to continue to serve as directors of Golden Bank for the coming year. The Board also elected Mr. Kenneth Wu as the Chairman, Mr. Milton Yang, Mr. Richard Tseng and Mr. Al Duran as the Vice Chairman.

Golden Bank, N.A. with over 30 years of community banking experience serves our customers in Texas and Southern California.  We understand the needs of our customers, and provide a full-line of flexible, convenient and professional banking services.  For more information, please visit the bank’s website: www.goldenbank-na.com.

Golden Bank Headquarter: 9315 Bellaire Blvd. Houston, Texas 77036; Telephone: 214-814-2971

Congressman Visit

Identity Theft Protection

Partnered with Fonteno Senior Education Center to provide the workshop to seniors, which cover how to prevent their identity from being compromised by third parties. The presentation also go over how to protect yourself from identity theft and what to do if you believe you have fallen victim to it.

On Tuesday, September 18, 2018, Golden Bank held the ribbon cutting ceremony and reception to celebrate its new Alhambra Branch Grand Opening. Congresswoman Judy Chu,  Assembly Member Ed Chau, Monterey Park City Mayor Stephen Lam, San  Marino City Vice Mayor Dr. Steven Huang,  Director General of Taipei  Economic and Cultural Office in Los Angeles Ambassador Abraham Chu, Chinese Consolidated Benevolent Association President Peter Luong, Honorable President World Taiwanese Chamber of Commerce Jackson Yang, County Supervisor Office Community Outreach Deputy Jimmy Wu, AHMC Healthcare Co Chief Executive Officer Dr. Wen-Ta Chiu, Alhambra Chamber of Commerce Marketing Manager Stan Yonemoto,  Deputy Director General of Taipei Economic and Cultural Office in Los Angeles Tony Ong, and many distinguished guests joined the ceremony to congratulate the new partner in the community.

Golden Bank is the first and one of the largest Chinese-American banks based in Texas.  Golden Bank was established in 1985 in response to requests from the community that wanted excellent banking services for small businesses as well as new immigrants. Ever since its inception, Golden Bank stayed true to the goal of not only providing top-quality banking and advisory services, but also offering more individualized services that would be tailored to understanding each of our customers’ unique needs. In addition, Golden Bank strives to respond and deliver an integrated approach of marketing and technical assistance to our customers.

Golden Bank’s headquarter is located in the City of Houston, which is the 4^th most populous city in the United States.  Based on 2010 Census, City of Houston’s population is 2.1MM, Asian population consists of 6%.  Houston’s economy is mainly concentrated in Energy and Medical, where Texas Medical Center is the world’s largest concentration of healthcare and research institutions. Mission Control of NASA’s Johnson Space Center is also located in Houston.

“Your presence today is greatly appreciated and is encouragement and assurance for us to fulfill our goals at this new branch. Golden Bank currently has 6 branches in the Greater Houston and Dallas Areas; two loan production offices at Irvine and Rowland Heights, and now we have two full branches in Tustin and Alhambra. In the past years, Golden Bank has had significant growth in loans and deposits. Today, our total assets reached $880 million and net income as of July 2018 was $8 million. We believe the opening of our Alhambra branch will further enhance the overall banking relationships with nearby retail businesses and residents, as well as providing easier access and convenience to the surrounding communities. It also clearly demonstrates Golden Bank’s commitment as a partner for the economic and financial development in this area. “ Kenneth Wu, Chairman of Golden Bank said.

Dr. Joe Huang, Chief Executive Officer of Golden Bank said, “Chairman Wu and I have recruited a team of successful managers as foundation for our expansion to San Gabriel Valley in addition to a branch and a loan production office at Tustin, and a loan production office at City of Industry. As CEO, I will ensure all California offices are part of this learning organization, and our process and strategy are in line with the easy and effective way we serve our customers. Let’s celebrate again when we reach $1 billion total assets next year and 15% ROE the year after. Thank you. “