Cathay Bank Announces the Appointment of Ms. Jasmyne Shoemaker as Vice President, Relationship Manager, Nevada Commercial Real Estate Lending Group

LOS ANGELES, April 11, 2017 /PRNewswire/ -- Cathay Bank announces the appointment of Ms. Jasmyne Shoemaker as Vice President, Relationship Manager of its Nevada Commercial Real Estate Lending Group based in Las Vegas. In her new position, Ms. Shoemaker will focus on outreach to commercial real estate developers and investors in the Las Vegas area, including Henderson, with financing needs for acquisition, construction lending, and other traditional banking solutions.

"We are pleased to have someone with Jasmyne's professional experience and deep understanding of the local markets in the Las Vegas area joining Cathay Bank," said Mr. Chang Liu, Executive Vice President and Chief Lending Officer of Cathay Bank. "Jasmyne's hire reinforces our commitment to better serve the banking needs of commercial real estate and construction financing in the area, and we look forward to the growth and success of our new Nevada Commercial Real Estate Lending Group."

Ms. Shoemaker has 21 years of retail banking and lending experience. Prior to joining Cathay Bank, Ms. Shoemaker has served in many banking capacities including as a branch operations manager, a senior loan officer, and a director of Capital Markets. Her previous experience also includes wealth management. She was previously with the Bank of Nevada, Nevada State Bank, Merrill Lynch, and Wells Fargo Bank.

Ms. Shoemaker is a 2012 graduate of the Pacific Coast Banking School. Her office is located in the Cathay Bank Las Vegas Branch at 6110 Spring Mountain Rd., Las Vegas, NV 89146.

About Cathay Bank

Cathay Bank is a subsidiary of Cathay General Bancorp (NASDAQ: CATY). Founded in 1962, Cathay Bank offers a wide range of financial services. Cathay Bank currently operates 34 branches in California, 12 in New York State, three in the Chicago, Illinois area, three in Washington State, two in Texas, one in Maryland, one in Massachusetts, one in Nevada, one in New Jersey, one in Hong Kong, and a representative office in Taipei and in Shanghai. Cathay Bank's website can be found at www.cathaybank.com. FDIC insurance coverage is limited to deposit accounts at Cathay Bank's U.S. domestic branch locations.

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SOURCE Cathay Bank