Fact Sheet

Bailout Bank Bio: Saigon National Bank

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January 08, 2009
Programs: Budget & Tax

First Community Bancshares, Inc. logoAccording to its website: “Saigon National Bank is a locally owned community bank devoted to serving the financial needs of the Vietnamese business community in Southern California.” Saigon National Bank has one branch and twelve employees. Saigon National Bank will receive $1.2 million through the Treasury Department’s Capital Purchase Program, the smallest amount given to any institution to date.


Resources

Bank Bio Chart | Financial Documents | Federal contracts

Lobbying reports | Political Contributions | Related Articles


Bailout Bank Bio: Saigon National Bank

 

Federal Equity Investment

$1.2 million

Total Revenue

$700 thousand

Net Income

-$1.3 million

Number of Employees

12

Corporate Headquarters

Westminster, California

Business Sector

Financial

Officers and Directors

John J. Kennedy, President & CEO

Bill Cutter, EVP & CCO

Roy Painter, EVP & CFO

Michael Maher, SVP & Manager

Hieu Tran, Chairman of the Board

Corporate Website

http://www.saigonnational.com/

Executive Compensation

Unable to Locate

 

 

 

 

 

 

 

 

 

 

 

 

 

  

 

 

 

 

 

►Financial Documents

Unable to locate financial documents.

Federal contracts

No federal contracts found. 

Lobbying reports (if any)

Third Quarter 2008
 
No lobbying reports found.

Political Contributions

No political contributions found.

Related Articles

November 12, 2008 OC bank gets cut of $700 billion bailout OCRegister

October 29, 2008 Treasury Invests in Little Saigon Bank But Not Downey Orange County Business Journal

October 29, 2008 Orange County bank gets a share of bailout pot Los Angeles Times

 

Last Updated January 8, 2009

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