Center Financial Announces Passing of Founding Director David Z. Hong
15 Novembro 2011 - 5:00PM
Business Wire
Center Financial Corporation (NASDAQ: CLFC), the holding company
of Center Bank, today announced with profound sadness that David Z.
Hong, a founding director of Center Bank, passed away unexpectedly
yesterday.
“Our entire company is deeply saddened by Mr. Hong’s untimely
passing,” said Kevin S. Kim, chairman of Center Financial
Corporation and Center Bank. “Having immigrated to the United
States in the mid 1950s and becoming a successful public
accountant, Mr. Hong was well respected as a prominent figure in
the rapidly growing Korean-American community of Southern
California. He led an exemplary life as a model Korean-American
citizen, and the achievements of Center Bank will certainly be an
important part of his legacy. It has been our honor to have him
serve on the board, and I join the entire Center Bank organization
in extending our prayers and deepest condolences to Mr. Hong’s
family.”
Chung Hyun Lee, the original founding Director of Center Bank,
stated: “Personally, I have lost a trusted colleague as well as a
long-time cherished friend. David’s contributions to the bank over
the past 26 years have been immeasurable, and he will be dearly
missed. In addition to his commitment and dedication to Center
Bank, those who knew David Hong will remember him for his
professionalism, his enthusiasm for sports and how devoted he was
to his family. While I am more than deeply saddened by this loss, I
pay tribute to David Hong’s life well lived.”
David Hong was one of the founding directors of Center Bank
having served continuously as a director of Center Bank for the
past 26 years and of Center Financial Corporation for 11 years. Mr.
Hong owned and operated his own public accounting practice for 41
years. He also served as Chairman of the Korea Merchant Marine
University Alumni Association and Director of Korean Churches for
Community Development (KCCD). He received a B.S. from Korea
Merchant Marine University as well as a B.A. in Economics and
Accounting from Baker University in Kansas. Mr. Hong also attended
the University of California, Los Angeles for additional
post-graduate studies.
Mr. Hong is survived by his wife, two sons and seven
grandchildren. He was 81 years old.
About Center Financial
Corporation
Center Financial Corporation is the holding company of Center
Bank, a community bank offering a full range of financial services
for diverse ethnic and small business customers. Founded in 1986
and specializing in commercial and SBA loans and trade finance
products, Center Bank has grown to be one of the nation’s leading
financial institutions focusing on the Korean-American community,
with total assets of $2.26 billion at September 30, 2011.
Headquartered in Los Angeles, Center Bank operates a total of 21
full-service branches and two loan production offices. The company
has 16 full-service branches located throughout Southern California
and two branches in Northern California. Center Bank also operates
two branches and one loan production office in the Seattle area,
one branch in Chicago and a loan production office in Denver.
Center Bank is a California state-chartered institution and its
deposits are insured by the FDIC to the extent provided by law. For
additional information on Center Bank, visit the company’s Web site
at www.centerbank.com.
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