East West Bank
East West Bank offers a wide range of personal and business banking services, including checking and savings accounts, loans, wealth management, and specialized international banking solutions.
Personal Checking and Savings Accounts
East West Bank offers a variety of personal checking accounts tailored to meet different needs, including Value Checking, Premier Checking, Premier Maximizer Money Market, Student Plus Checking, Global Student Account, Senior Checking, and Community Checking. Their range of savings accounts includes options such as Premier Savings, Senior Savings (62+), Student Plus Savings, and Certificates of Deposit (CDs). These accounts are designed to provide customers with flexible and beneficial options for managing their finances.
Business Banking Services
East West Bank provides specialized business banking services aimed at catering to diverse business needs. Accounts available to business customers include Standard Business Checking, Business Performance Checking, Analyzed Business Checking, and Business Money Market accounts. They also offer Small Business Administration (SBA) loans with favorable terms including low down payments, longer maturities, and smaller monthly payments. Additionally, the bank provides commercial banking services such as loans and lines of credit, commercial real estate financing, and expertise in sectors like clean tech, energy finance, entertainment, healthcare, and private equity.
Online and Mobile Banking Services
East West Bank offers robust online and mobile banking services designed for convenience and efficiency. Features include account monitoring, bill payments, and a variety of money transfer options such as Zelle®, domestic wire transfers, and international wire transfers. The East West Bank mobile app allows customers to apply for new accounts, check balances, transfer money, deposit checks, and pay bills, all from their mobile devices.
Wealth Management Services
East West Bank provides comprehensive wealth management services for individuals seeking thorough financial planning. These services include investment planning, retirement planning, college planning, insurance planning, business planning, and estate planning. The bank also offers a Robo-Investing service, which provides automated, low-cost investment strategies. Their secured credit card does not require a Social Security Number and has no foreign transaction fees, catering to international clients.
International Banking Services
East West Bank specializes in providing international banking services, focusing on foreign exchange, trade finance, and international payments. Their program for Foreign-Invested Enterprises (FIE) includes credit facilities secured by Standby Letters of Credit. Additionally, they offer a UnionPay Prepaid Card, which is a popular payment option in China, and provide various foreign currency accounts and services for businesses engaged in international trade. The bank holds a commercial business operating license in China, enabling seamless expansion for U.S.-based clients into China, and vice versa.