Largest Banks in California

The top largest banks in California include Wells Fargo, City National Bank, East West Bank, Cathay Bank, among others.

Headquartered in San Francisco, Wells Fargo is the largest bank in California and the third largest in the nation with the most deposits as of 31 Dec 2008 (in billions of U.S. dollars), according to the American Banker, 2009.

Los Angeles-based City National Corp. is the parent company of City National Bank. It offers a full complement of banking, trust and investment services through offices and full-service regional centers in Southern California, the San Francisco Bay Area, Nevada and New York City. It has been recognized by Barron’s as one of America’s top wealth managers 10 years in a row (2001-2010).

East West Bank is one of the largest independent commercial banks headquartered in California. It offers a complete line of products and services, and is serves consumers and businesses throughout the U.S. and in Greater China.

Founded in 1962, Cathay Bank offers a wide range of financial services. According to the 2009 Los Angeles Business Journal Book of Lists, Cathay Bank is the third largest bank headquartered in Los Angeles. The Bank has received various accolades including being recognized by Findley Reports as a “Super Premier Performance Bank” since 1998 based on ratings for growth, performance, and financial soundness.

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