EverTrust Bank is a subsidiary of O-Bank.
Headquartered at Crossroads Parkway in the City of Industry in Southern California, EverTrust Bank was established in 1995 by a group of overseas Chinese bankers and entrepreneurs. In July 2006, O-Bank reached an agreement with the Bank to purchase 100% stake of the Bank via a newly established U.S. holding company, IBT Holdings Corp. The acquisition was consummated on March 30, 2007 and has become an important step in O-Bank's strategy of international expansion.
Presently, the Bank focuses on servicing Chinese businesses in California providing C&I, trade finance, commercial real estate and construction loans as well as deposit services. EverTrust Bank has eight full service branches located at Crossroads Parkway (City of Industry), City of Industry, Alhambra, Irvine, Cerritos, Cupertino, Arcadia, and Milpitas.
As of December 31, 2022, EverTrust Bank had assets of US $839 million.
Looking forward, EverTrust Bank has vision and professionalism, and is committed to enhance its earnings capabilities and pursue a sustainable growth. EverTrust bank will draw on the experience and expertise of the O-Bank Group to expand its product offerings and geographic reach.