Royal Business Bank announces a special high-yield CD promotion effective April 15, 2010 to May 14, 2010. Customers who open new accounts will receive a special gift. This limited-time offer is our way of showing appreciation to our customers for their support.
Royal Business Bank was founded in Los Angeles on November 18, 2008. Since the Bank opened, our economy has encountered unprecedented economic challenges and the worst financial crisis since the Great Depression. Royal Business Bank, under the leadership of Chairman of the Board, Mr. Louis Chang, and CEO & President, Mr. Alan Thian, have worked diligently to navigate the Bank through this adverse economic environment and achieving key milestones including opening new branches in San Gabriel and Torrance.
As of March 31, 2010, the Bank’s asset growth reached $188 million with, total loans of $111 million, total deposits of $122 million and total capital of $64 million. That makes us one of the most secure banks in the state.
For details of the CD promotion, please visit website at www.royalbusinessbankusa.com.