Cathay Bank is a financial services company originally founded to support Los Angeles' growing Chinese American community, providing them with the tools and services they need to achieve their goals. Founded in 1962, the firm operates in nine states in the U.S. as well as a branch in Hong Kong and representative offices in Beijing, Shanghai, and Taipei. Cathay General Bancorp is the holding company for Cathay Bank.The staff at Cathay Bank come from unusually diverse demographic backgrounds. The company is 52.1% female and 69.8% ethnic minorities. Despite its diversity in other areas, Cathay Bank employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Democratic Party, at 88.0%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Democratic Party. Cathay Bank has great employee retention with staff members usually staying with the company for 3.4 years.The average employee at Cathay Bank makes $48,845 per year. Pay at Cathay Bank is significantly lower than some of its highest paying competitors, like Green Dot, First Republic Bank, and Bank of the West, which pay $113,101, $108,055, and $83,013, respectively.A large finance company with 1,100 employees and an annual revenue of $537.4M, Cathay Bank is headquartered in Los Angeles, CA.
Cathay Bank's mission statement
To providing a broad spectrum of personal and commercial banking products and services and are here to develop meaningful, long-term relationships that demonstrate our appreciation for our customers businesses and our commitment to their financial success.
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Cathay Bank is ranked #19 on the Best Finance companies to work for in Los Angeles, CA list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.
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Cathay Bank diversity
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Diversity score
We calculated Cathay Bank’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Cathay Bank’s workforce.
Cathay Bank diversity summary. Zippia estimates Cathay Bank's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Cathay Bank's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Cathay Bank's workforce.
Cathay Bank has 1,100 employees.
52% of Cathay Bank employees are women, while 48% are men.
The most common ethnicity at Cathay Bank is Asian (47%).
30% of Cathay Bank employees are White.
15% of Cathay Bank employees are Hispanic or Latino.
The average employee at Cathay Bank makes $48,845 per year.
Cathay Bank employees are most likely to be members of the democratic party.
Employees at Cathay Bank stay with the company for 3.4 years on average.
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Compare Cathay Bank salaries to competitors, including Green Dot, First Republic Bank, and Bank of the West. Employees at Green Dot earn the highest average yearly salary of $113,101. The salaries at First Republic Bank average $108,055 per year, and the salaries at Bank of the West come in at $83,013 per year.
Rank
Company
Average salary
Jobs
1
$113,101
0
2
$108,055
0
3
$83,013
0
4
$81,042
0
5
$76,381
0
6
$75,483
0
7
$65,629
0
8
$63,564
0
9
$61,566
0
10
$56,358
0
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Zippia gives an in-depth look into the details of Cathay Bank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Cathay Bank. The employee data is based on information from people who have self-reported their past or current employments at Cathay Bank. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Cathay Bank. The data presented on this page does not represent the view of Cathay Bank and its employees or that of Zippia.
Cathay Bank may also be known as or be related to CATHAY GENERAL BANCORP, Cathay Bank, Cathay General Bancorp and Cathay Holdings LLC.