RBB Bancorp: President Biden appoints RBB Bancorp President and CEO Alan Thian to Community Development Advisory Board (Form 8-K)

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President Biden appoints RBB Bancorp CEO Alan Thian to Community Development Advisory Board

Los Angeles, California, September 20, 2021 – RBB Bancorp has announced the appointment of Alan Thian, President and CEO, to the advisory board of the US Treasury Department’s Community Development Financial Institutions Fund. Mr. Thian is one of nine community development leaders appointed nationally to advise the CDFI Fund Director on CDFI Fund policies.

“I am honored to serve as a member of the Community Development Advisory Board,” Mr. Thian said.

The Community Development Financial Institutions Fund (CDFI Fund) plays an important role in generating economic growth and opportunities in some of our country’s most troubled communities. By offering tailored resources and innovative programs that invest federal dollars alongside private sector capital, the CDFI Fund serves mission-driven financial institutions that take a market-based approach to supporting economically disadvantaged communities.

Company overview

RBB Bancorp is a community financial holding company headquartered in Los Angeles, California. As of June 30, 2021, the company had total assets of $ 3.9 billion. Its wholly-owned subsidiary, The Bank, is a full-service commercial bank, providing business banking services to Chinese-American communities in Los Angeles County, Orange County, and Ventura County, California; in Las Vegas, Nevada; in Brooklyn, Queens and Manhattan in New York; Edison, New Jersey, and two branches in the Chicago, Chinatown and Bridgeport neighborhoods. Banking services include remote deposit, online banking, mobile banking, commercial and investor real estate loans, business loans and lines of credit, commercial and industrial loans, SBA 7A and 504 loans, single family residential loans 1 to 4, auto loans, trade finance, a full line of deposit account products and wealth management services. The bank has nine branches in Los Angeles County; two branches in Ventura County; a branch in Irvine, California; a branch in Las Vegas, Nevada; six branches and a loan operations center in Brooklyn, Queens and Manhattan in New York; a branch in Edison, New Jersey; and two branches in Chicago, Illinois. The Company’s administrative and loan center is located at 1055 Wilshire Blvd., Los Angeles, CA 90017, and its financial and operational center is located at 7025 Orangethorpe Avenue, Buena Park, CA 90621. The website address of the Company Company is www.royalbusinessbankusa.com.

Disclaimer

RBB Bancorp published this content on September 21, 2021 and is solely responsible for the information it contains. Distributed by Public, unedited and unmodified, on September 21, 2021 20:51:02 PM UTC.


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