Hanmi News

  • Apr 12, 2011 Hanmi Bank Teams Up with Shin-Soo Choo of the Cleveland Indian

    Hanmi Bank Teams Up with Shin-Soo Choo of the Cleveland Indian

    LOS ANGELES, Apr 12, 2011 (GlobeNewswire via COMTEX) -- 
    Hanmi Financial Corporation (Nasdaq:HAFC), the holding company for Hanmi Bank announced that Shin-Soo Choo of the Cleveland Indians will serve as the bank's marketing spokesperson. 

    Choo and Hanmi's executive management team conducted a press conference at the Oxford Palace Hotel in Los Angeles to promote the sponsorship. 

    "We are very excited to commence a relationship with one of baseball's premier players," said Jay S. Yoo, President and Chief Executive Officer. "Mr. Choo's fine reputation and philanthropic nature has made him a role model in the Korean-American community and beyond. Hanmi Bank has also built its brand on serving its community and beyond, and so we find Mr. Choo, a Korean-born major league baseball player, a perfect match to be our spokesperson." 

    In 2009, Choo became the first Asian to reach a 20-20 club of 20 home runs and 20 stolen bases with a batting average of .300. He reached the 20-20 club for the second straight year in 2010. He also led the American League right fielders in assists with 14. "I'm excited to partner with a premier Korean-American bank," said Choo. "Hanmi Bank shares my passion for continued growth and results. Their commitment to excellence mirrors my approach to baseball, and I look forward to working with them as a leading Korean-American Bank."


  • Jan 20, 2011 NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS

    NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS

    All funds in a "noninterest-bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010,  through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules.

    The term "noninterest-bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts ("IOLTAs"). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money-market deposit accounts.

    For more information about temporary FDIC insurance coverage of transaction accounts, visit ww.fdic.gov.

  • Jul 30, 2010 Hanmi Bank Successfully Raises Capital

    Hanmi Bank Successfully Raises Capital

    Hanmi Financial Corporation Announces Successful Closing of Offerings

    LOS ANGELES, Jul 27, 2010 (GlobeNewswire via COMTEX)

    Hanmi Financial Corporation (Nasdaq:HAFC), the holding company for Hanmi Bank, today reported that it has successfully completed its rights and best efforts public offerings. Hanmi raised approximately $47 million in the rights offering and $73 million in the best efforts public offering, for an aggregate total raised in the offerings of $120 million.

    "We are extremely pleased with the successful closing of the offerings, and we intend to use the proceeds to satisfy the bank regulatory requirement of contributing at least $100 million of the net proceeds from the offerings to Hanmi Bank by July 31," stated Jay S. Yoo, President and Chief Executive Officer.

    Cappello Capital Corp. acted as Hanmi's financial advisor in connection with the rights offering and as its exclusive placement agent in connection with the best efforts public offering.

    About Hanmi Financial Corporation

    Headquartered in Los Angeles, Hanmi Bank, a wholly-owned subsidiary of Hanmi Financial Corporation, provides services to the multi-ethnic communities of California, with 27 full-service offices in Los Angeles, Orange, San Bernardino, San Francisco, Santa Clara and San Diego counties, and a loan production office in Washington State. Hanmi Bank specializes in commercial, SBA and trade finance lending, and is a recognized community leader. Hanmi Bank's mission is to provide a full range of quality products and premier services to its customers and to maximize shareholder value. Additional information is available at www.hanmi.com.

    Forward-Looking Statements

    This press release contains forward-looking statements, which are included in accordance with the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "potential," or "continue," or the negative of such terms and other comparable terminology. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. These statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ from those expressed or implied by the forward-looking statement. These factors include the following: failure on or about July 26, 2010 to close on any or all of the remaining amount available in the best efforts public offering; inability to consummate the proposed transaction (the "Transaction") with Woori Finance Holdings Co. Ltd. ("Woori") on the terms contemplated in the Securities Purchase Agreement entered into with Woori on May 25, 2010; failure to receive regulatory or stockholder approval for the Transaction; inability to continue as a going concern; inability to raise additional capital on acceptable terms or at all; failure to maintain adequate levels of capital and liquidity to support our operations; the effect of regulatory orders we have entered into and potential future supervisory action against us or Hanmi Bank; general economic and business conditions internationally, nationally and in those areas in which we operate; volatility and deterioration in the credit and equity markets; changes in consumer spending, borrowing and savings habits; availability of capital from private and government sources; demographic changes; competition for loans and deposits and failure to attract or retain loans and deposits; fluctuations in interest rates and a decline in the level of our interest rate spread; risks of natural disasters related to our real estate portfolio; risks associated with Small Business Administration loans; failure to attract or retain key employees; changes in governmental regulation, including, but not limited to, any increase in FDIC insurance premiums; ability to receive regulatory approval for Hanmi Bank to declare dividends to the Company; adequacy of our allowance for loan losses, credit quality and the effect of credit quality on our provision for credit losses and allowance for loan losses; changes in the financial performance and/or condition of our borrowers and the ability of our borrowers to perform under the terms of their loans and other terms of credit agreements; our ability to successfully integrate acquisitions we may make; our ability to control expenses; and changes in securities markets. In addition, we set forth certain risks in our reports filed with the U.S. Securities and Exchange Commission ("SEC"), including attached as an Exhibit to a Current Report on Form 8-K filed with the SEC on June 18, 2010, and current and periodic reports filed with the U.S. Securities and Exchange Commission hereafter, which could cause actual results to differ from those projected. We undertake no obligation to update such forward-looking statements except as required by law.

    This news release was distributed by GlobeNewswire, www.globenewswire.com

    To view the full financial report, click here.

    SOURCE: Hanmi Bank

    CONTACT: Hanmi Financial Corporation Brian E. Cho, Chief Financial Officer (213) 368-3200 David Yang, Investor Relations and Corporate Planning (213) 637-4798

  • Jul 22, 2010 Hanmi Bank Koreatown Plaza Branch Celebrates 30th Anniversary

    Hanmi Bank Koreatown Plaza Branch Celebrates 30th Anniversary


    Hanmi Bank Koreatown Plaza Branch Celebrates 30th Anniversary
  • Jun 04, 2010 Go Korea! Go Hanmi! World Cup 2010!

    Go Korea! Go Hanmi! World Cup 2010!


    Hanmi Bank is distributing scarves and balloon sticks to Hanmi Bank customers for World Cup 2010 while supplies last.
  • May 19, 2010 Transaction Account Guarantee Program

    Transaction Account Guarantee Program


    Hanmi Bank is participating in the FDIC's Transaction Account Guarantee Program. Under that program, through December 31, 2010, all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules.
  • Apr 12, 2010 Hanmi Bank San Diego Branch Celebrates 10th Anniversary

    Hanmi Bank San Diego Branch Celebrates 10th Anniversary


    Hanmi Bank San Diego Branch Celebrates 10th Anniversary
  • Jan 29, 2010 Hanmi Bank Rowland Heights Branch Celebrates 20th Anniversary

    Hanmi Bank Rowland Heights Branch Celebrates 20th Anniversary

    On January 29, 2010, Hanmi Bank Rowland Heights branch held its 20th Anniversary Celebration.
    A short anniversary ceremony was conducted to recognize loyal customers who have banked with Hanmi's Rowland Heights branch for the past twenty years. Additionally, three of Hanmi Bank employees who have been with the bank for twenty years were recognized and appreciated as well.
    Mr. Jay S. Yoo, President & CEO of the bank presented each individuals with an appreciation plaque and bouquet. He commented that "it is because of these valuable customers and employees that Hanmi Bank Rowland Heights Branch continues to thrive and maintain its reputation. I am very thankful for their trust and loyalty."

  • Jun 22, 2009 Hanmi Bank Garden Grove-Brookhurst Branch Celebrates 20th Anniversary

    Hanmi Bank Garden Grove-Brookhurst Branch Celebrates 20th Anniversary


    Garden Grove-Brookhurst branch opened its door to the local businesses and residents on June 22, 1989.

    To celebrate its 20th Anniversary, a special ceremony was held on June 22. Guests included Hanmi Bank employees, regular branch customers and 8 very loyal customers who have maintained their banking relationship with Garden Grove-Brookhurst branch since it opened.

    Special appreciation plaques were presented to the customers by Mr. Jay S. Yoo, President & CEO of Hanmi Bank.

    During the ceremoney, Mr. Yoo also recognized 3 employees who have worked for the branch for 20 years. He personally thanked each and everyone and stated. "Hanmi Bank obtained its leadership position and enjoyed consistent growth largely due to loyalty of our customers and employees. They are our biggest assets."

    To further celebrate the day, all customers visiting the branch received a small thank you gift.

  • Jun 19, 2009 Hanmi Bank's New Internet Banking & Bill Pay to Launch on 07/27

    Hanmi Bank's New Internet Banking & Bill Pay to Launch on 07/27



    Hanmi Bank is excited to launch a new internet banking!!

    With new internet banking, you will be able to:

    • Select from two language options (English & Korean)
    • Receive notifications of deposits and loans
    • Check 16 months of e-statements and history
    • Customer reset options for login and password
    • Prevent identity theft and hacking through intelligent authentication
    • Enjoy new and improved bill payment site

    More to come...

    At the end of business day on July 24, 2009: 

    You will not be able to make transactions. Only account balance and transaction summary will be available.

    You will not be able to enroll in Internet banking service

    Bill payment feature will be not be available

    Above services will be updated on July 27, 2009.

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