CBB Bank Expands Its Retail Banking Network in the Eastern U.S.

CBB Bank Opens First New York Branch in Flushing, Completing Its “Eastern Banking Belt” After Fort Lee

CBB Bank, a midsize Korean American bank based in the western U.S., has made a bold move into the New York market, accelerating the expansion of its retail banking network in the East. On the 7th, CBB Bank held a grand opening for its Flushing branch—its first in New York State and its second location in the eastern U.S.—and began official operations.

The new Flushing branch, together with the bank’s existing Fort Lee branch in New Jersey, creates a community-focused financial network serving the New York–New Jersey metro area. The bank plans to offer local Korean American small-business owners and small and midsize businesses more tailored financial solutions, including faster loan reviews and customized wealth management.

Attendees at the ribbon-cutting ceremony included Chairman Soon-han Park, CEO Seung-ho Park, and New York Regional Director Eun-kyo Kim, along with prominent New York political and business leaders. The executives emphasized the importance of working in partnership with the local community and announced their vision of becoming a trusted financial partner to New York’s Korean American community.

Questions about this story?

AI answers only from this article and related ones.

Answered from ten years of our reporting. Check legal and tax questions with a professional.