First American International Bank
 | This article needs additional citations for verification. (September 2018) |
| Company type | Banking |
|---|---|
| Website | faib.com |
First American International Bank (
Chinatown, Flushing, this privately held community bank
was first established on November 15, 1999.
The bank was established to serve
mortgages have been made in low-moderate income and distressed areas as defined by the United States Department of the Treasury
.
The bank provided credit counseling, and worked with local social service organizations such as the Chinese American Planning Council in conducting educational and counseling sessions on the use of basic banking services, personal credit, and housing mortgages for Chinese immigrants.
The bank was designated as a Certified Community Development Financial Institution (CDFI) by the United States Department of the Treasury.
The bank was acquired by Royal Business Bank in April 2018.[1]
References
- ^ "RBB Bancorp to acquire First American International (NASDAQ:RBB)". SeekingAlpha. 2018-04-23. Retrieved 2021-07-29.
