EX-99.3 4 dex993.htm CUSTOMER FACT SHEET Customer Fact Sheet

EXHIBIT 99.3

Transforming the Korean-American Banking Landscape

 

MERGER OF EQUALS
LOGO   +    LOGO

Customer Fact Sheet

 

 

The merged companies will be the largest and strongest banking franchise in the Korean-American community

 

 

We will have more than $5 billion in assets and nearly $4 billion in deposits

 

 

We will be the only Korean-American bank with a truly national footprint

 

 

We will have more than 40 branches in Southern California, Northern California, New York, New Jersey, Seattle and Chicago

 

 

We will have the leading deposit market share among Korean-American banks in Southern California, Northern California, and the New York/New Jersey area

 

 

We will be the largest originator of SBA loans of any Korean-American bank

 

 

The combined entity will be led by a complementary partnership of executive management and Board members

 

   

Al Kang will be the CEO of the combined company and Jae Whan (J.W.) Yoo will be President

 

   

The Board of Directors of the combined holding company and bank will also have equal representation

 

 

The transaction will require the approval of regulators, as well as the shareholders of both Center and Nara

 

Southern California    LOGO

 

14 Nara branches

  

16 Center branches

  

 

New York / New Jersey

  

 

7 Nara branches

  

 

Northern California

  

 

2 Nara branches

  

3 Center branches

  

 

Seattle

  

 

2 Center branches

  

 

Chicago

  

 

1 Center branch

  


Transforming the Korean-American Banking Landscape

 

   MERGER OF EQUALS   
LOGO    +    LOGO

Customer Q&A

Q: Why is this merger being done?

A: The combination of Nara Bancorp and Center Financial will create the largest and strongest bank in the Korean-American community. It will help us to more profitably grow the franchise in the future, which will have benefits for our shareholders, our customers, and our employees.

Q: What will be the name of the new company?

A: We have not yet made a decision about the brand name.

Q: When can I start using Center’s branches and ATMs?

A: Shortly after the merger is completed. We will notify you when customers can start using the additional branches and ATMs.

Q: Will any branches be closed?

A: At this point, we expect that a few branches might be closed due to their close proximity to another branch. Decisions about which branches might close will be made in the months prior to the closing of the merger. We will provide notice well in advance of any branch that may be closing and direct customers to a nearby location that can be used instead.

Q: Will any of my accounts be affected?

A: No, all of your accounts will remain unchanged.

Q: Who should I contact if I have additional questions?

A: Please call us at (213) 639-1700 if you have additional questions.