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MetroCorp Bancshares, Inc.
MetroCorp headquarters and MetroBank branch - Dynasty Plaza, Chinatown and Greater Sharpstown, Houston, Texas
Company type
Public
Traded as
Nasdaq: MCBI
Industry
Finance and Insurance
Founded
Houston, Texas, United States
Headquarters
Texas California
Key people
Mr. George M. Lee, CEO Mr. David Choi, CFO
Products
Banking
Number of employees
315
Website
www.metrobank-na.com www.metrounitedbank.com
MetroCorp Bancshares, Inc. (MetroCorp, Nasdaq: MCBI) was an American banking corporation headquartered in Chinatown and in Greater Sharpstown in Houston, Texas.[1][2][3][4]
MetroCorp, first incorporated in 1998, was an overseas Chinese bank holding company for two overseas Chinese banks in the United States: MetroBank National Association (MetroBank, simplified Chinese: 首都银行; traditional Chinese: 首都銀行; pinyin: Shǒudū Yínháng) and Metro United Bank. The company was one of the few overseas Chinese banks / financial institutions that were publicly held. MetroBank operated banks in Greater Houston and the Dallas-Fort Worth Area in Texas.[5][6] MetroBank had its headquarters in its parent company's offices.[2]
As of 2007 MetroBank was one of four overseas Chinese banks with its headquarters in Houston, and it was the only Houston-based overseas Chinese bank that is publicly traded.[7] The other MetroCorp subsidiary, Metro United Bank, operated in California.[8] Metro United had its headquarters in the City of Industry.[9]
In 2014, East West Bank acquired MetroBank for $268 million in cash and stock,[10] and MetroBank branches were to be rebranded in 2014.[11]
^"Contact the Board Archived 2011-06-15 at the Wayback Machine." MetroBank. Retrieved on December 27, 2010. "Corporate Secretary MetroCorp Bancshares, Inc. 9600 Bellaire Blvd. Suite 252 Houston, TX 77036 United States ."
^ ab"Contact Us Archived 2010-11-26 at the Wayback Machine." MetroBank. Retrieved on December 27, 2010. "MetroBank, N.A. 9600 Bellaire Blvd., Suite 252 Houston, Texas 77036"
^"Map Major Roads Archived 2012-03-07 at the Wayback Machine." Greater Sharpstown Management District. Retrieved on August 15, 2009.
^Rodriguez, Lori. "Opinions vary over naming the growing Asian community on Houston's southwest side." (). Alternate version without Chinatown map: "DIVERSITY DEBATE / Chinatown outgrowing name / Opinions vary over naming the growing Asian community on Houston's southwest side Archived 2012-10-11 at the Wayback Machine." Houston Chronicle. Wednesday May 9, 2007. A1.
^"MetroCorp Bancshares Inc. (Nasdaq:MCBI), a Texas corporation, which through its subsidiary, MetroBank, NA, provides community banking services in Houston[...]"
^"Branch Locations." MetroBank. Retrieved on December 27, 2010.
^Moreno, Jenalia. "Houston's 'Chinatown' near Beltway 8 sparks banking boom." Houston Chronicle. Sunday February 18, 2007. Retrieved on October 16, 2011.
^Barr, Greg. "MetroBank comes under watch of industry regulators." Houston Business Journal. Sunday September 27, 2009. Last modified on Thursday September 24, 2009. Retrieved on December 27, 2010.
^"About Us." (Archive) Metro United Bank. Retrieved on December 27, 2010. "Metro United Bank is headquartered in Rowland Heights and was established to meet the diverse financial needs of customers throughout Southern and Northern California."
^"California bank boosts Texas footprint with MetroCorp deal." Houston Business Journal. January 23, 2014. Retrieved on April 29, 2016.
^"Sign of the times: MetroBank to make the switch to East West Bank." Houston Business Journal. May 6, 2014. Retrieved on April 29, 2016.
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