UCBH Holdings is the holding company for United Commercial Bank, Ltd (UCB). In October it announced that it would participate in the Treasury Department’s Capital Purchase Program. Treasury will purchase stock worth $298 million from UCBH under the plan. Chinese bank Misheng bought a 4.9 percent share in UCBH Holdings in March. Misheng plans to increase that stake to 20 percent by June 2009.

UCB touts itself as the “leading bank in the United States serving the Chinese community and American companies doing business in Greater China.” Its headquarters are in San Francisco, and it does business in various parts of California, New York, Atlanta, and New England with additional branches in the Pacific Northwest and one in Houston.


►Financial Documents

11-10-08 UCBH Holdings10-Q

10-23-08 UCBH Holdings Third Quarter Results

2-29-2008 UCBH Holdings 10-K

12-31-2007 UCBH 2007 Annual Report

►Federal contracts

No federal contracts found
 

►Lobbying reports (if any)

Third Quarter 2008
 
No lobbying records found.

►Political Contributions

No donations found.

►Related Articles

November 14, 2008 Minsheng Plans Bond Sale to Plug $1.5 Billion Deficit (Update1)  (Bloomberg)

 
November 6, 2008 China Minsheng Bank plans to increase stake in UCBH (TradingMarkets.com)
 
October 28, 2008 UCBH takes $298M fed funds (Business Journal)
 
 

Bailout Bank Bio: UCBH Holdings Inc

 

Federal Equity Investment

$298.7 million

Total Revenue

$751.94 million (2007)

Net Income

$102.31 million (2007)

Number of Employees

1,525

Corporate Headquarters

San Francisco, California

Business Sector

Banking

Officers and Directors

Thomas S. Wu, Chairman of the Board,
President, Chief Executive Officer

Other Officers and Directors

Corporate Website

www.ucbh.com

Executive Compensation

UCBH Holdings Inc


 

 

 

 

 

 

 

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Last Updated November 14, 2008

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