Description
Hope Bancorp, Inc. is the holding company of Bank of Hope. Bank of Hope is a California state-chartered bank (the Bank). The Bank offers commercial and retail banking loan and deposit products.
The Company’s principal business activities are conducted through the Bank and primarily consist of earning interest on loans and investment securities that are primarily funded by customer deposits and other borrowings. The Company offers business banking products for small and medium-sized businesses and individuals.
It accepts deposits and originate a range of loans, including commercial business loans, real estate loans, trade finance loans, small business administration (SBA) loans, auto loans, single-family mortgages, warehouse lines of credit, personal loans, and credit cards.
It offers cash management services to its business customers. The Company also offers investment and wealth management services to its clients, and mobile banking application for smart devices.