LOS ANGELES, Calif., Feb. 9, 2015 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (Nasdaq:HAFC) ("Hanmi"), the holding company for Hanmi Bank (the "Bank"), today announced that as of this past weekend, Hanmi successfully completed the conversion of Central Bancorp, Inc.'s (CBI) systems into Hanmi's existing systems. The acquisition of CBI, the parent company of United Central Bank, was completed on August 31, 2014.
"Following the completion of Hanmi's acquisition of CBI, we have been working diligently to integrate our combined operations," said C. G. Kum, President and Chief Executive Officer. "These efforts culminated with the successful completion of our system conversion this past weekend. I am very pleased that this process proceeded smoothly and was completed on-schedule."
About Hanmi Financial Corporation
Headquartered in Los Angeles, Hanmi Bank, a wholly-owned subsidiary of Hanmi Financial Corporation, provides services to the multi-ethnic communities across California, Texas, Illinois, Virginia and New Jersey with 46 full-service branches as well as five loan production offices in California, Colorado, Texas, Virginia, and Washington State. Hanmi Bank specializes in commercial, SBA and trade finance lending, and is a recognized community leader. Hanmi Bank's mission is to provide a full range of quality products and premier services to its customers and to maximize shareholder value. Additional information is available at www.hanmi.com.