Cathay General provides commercial banking products and services for individuals and professionals. read more
Cathay Bank Company Culture
Cathay Bank Culture
This score is derived from employee ratings & reviews3.9/5
Cathay Bank's Overall Culture is rated B
Top Rated Culture Dimensions
CEO Rating
AEnvironment
A-Leadership
A-Perks & Benefits
A-Happiness
B+Cathay Bank CEO
Top 10%Top 10% of Similar Size Companies on Comparably
Pin Tai
80 /100
See More
Diversity at Cathay Bank
Top 35%Top 35% of Similar Size Companies on Comparably
B
Diverse employees at Cathay Bank have rated Outlook, CEO Rating, and Perks And Benefits as the highest categories they have scored
Women at Cathay Bank
Bottom 40%Bottom 40% of Similar Size Companies on Comparably
C
Women at Cathay Bank have rated CEO Rating, Outlook, and Leadership as the highest categories they have scored
Cathay Bank eNPS
Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"Top 35%Top 35% of Similar Size Companies on Comparably
Recommend to a Friend?
15
Cathay Bank employees are 15% more likely to recommend Cathay Bank as a great place to work
| 50% | Promoters |
|---|---|
| 15% | Passives |
| 35% | Detractors |
Working at Cathay Bank
Working at Cathay Bank is rated average by 45 employees, across various culture dimensions. Cathay Bank employees are most satisfied about CEO Rating, Environment, and Leadership categories, putting Cathay Bank’s culture in the Top 30% compared to similar sized companies on Comparably and in the Top 40% compared to other companies in Los Angeles. See below in detail how working at Cathay Bank was rated by employees.
Overall Company Culture at Cathay Bank
B
Overall Company Culture at Cathay Bank is rated B
Last updated months ago
Top
30%
Cathay Bank ranks in the Top 30% of other companies on Comparably with 1,001-5,000 Employees for Overall Company Culture Score
Cathay Bank Employee Reviews
Out of 5 Cathay Bank employee reviews, 100% were positive.
| Positive Reviews | 100% |
|---|---|
| Constructive Feedback | 0% |
Positive Reviews From Cathay Bank Employees
- What are some of the best things about your team?everyone works together as a team.
- What is the best part about your compensation package?a fair wage, excellent benefits, and overall compensation plan great.
- What do you like best about the leadership team?Our CEO is a visionary leaders who embraces changes and welcomes feedbacks and ideas from front line and junior managements.
Cathay Bank Company Information
Cathay Bank Company Overview
Cathay General provides commercial banking products and services for individuals and professionals.
Cathay Bank Mission, Vision & Values
Cathay Bank Mission Statement
It is the mission of Cathay Bank to be responsive to the financial needs of our customers and the communities we serve. We are committed to providing a broad spectrum of personal and commercial banking products and services and are here to develop meaningful, long-term relationships that demonstrate our appreciation for our customers’ businesses and our commitment to their financial success.
Cathay Bank Vision Statement
At Cathay Bank, our vision is to assist our customers in realizing their financial goals. We strive to be their most valuable and trusted source for banking product and service solutions.
Cathay Bank Values
- our customers
- employees
- stockholders
- the communities we serve
- We create loyalty through commitment
- trust
- demonstrate integrity
- passion through responsiveness and flexibility
| Headquarter | Los Angeles, CA United States of America |
|---|---|
| Website | www.cathaybank.com/ |
| Founding Date | 1962 |
| Company Status | Public |
Cathay Bank Competitors
Cathay Bank competitors include Capital One, Wells Fargo, Bank of America, and Bank of the West. Cathay Bank ranks 1st in Overall Culture Score on Comparably vs its competitors. See below how Cathay Bank compares to its competitors with CEO Rankings, Product & Services, NPS, Pricing, Customer Services, Overall Culture Score, eNPS, Gender and Diversity Scores.
Culture Video
Cathay Bank Employees
45 employees at Cathay Bank have reviewed Cathay Bank across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was months ago.
Overall, the 45 Cathay Bank employees give their leadership a grade of A-, or Top 15% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.
Employees at Cathay Bank are generally satisfied with their total compensation at Cathay Bank, which includes a combination of pay, stock and equity, and benefits.
Overall, employees at Cathay Bank are not very pleased with their team. 45 Participants grade the quality of their coworkers a C-. Less than half believe the meetings at Cathay Bank are effective, and the majority look forward to interacting with their coworkers.
The majority of employees at Cathay Bank believe the environment at Cathay Bank is positive. Most Participants believe the pace of work at Cathay Bank is comfortably fast. About 80% of the employees at Cathay Bank work 8 hours or less, while 10% of them have an extremely long day - longer than twelve hours.
Overall, the employees at Cathay Bank are happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.
Joining Cathay Bank - Employee Onboarding
The prevailing opinion from Comparably users in Los Angeles about their company is that it was very prepared on their first day. Los Angeles employees concluded that their overall onboarding experience was positive. 74% said their direct manager was helpful with their acclimation during the first 90 days. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.
Cathay Bank KPIs and OKRs
Employees’ understanding of Cathay Bank's KPIs and OKRs is essential for its success. Out of 2 Cathay Bank employees who’ve answered, “Are your company’s goals clear and are you invested in them?” 2 have said yes.
Are your company's goals clear, and are you invested in them?
Are the KPIs/OKRs for your department clear?
Cathay Bank CEO & Leadership
Cathay Bank CEO - Pin Tai
80 /100
Pin’s approval rate is in the Top 10% of all CEOs of similar-sized companies on Comparably, and in the Top 10% compared to the CEOs of all other companies in Los Angeles. Cathay Bank’s CEO is highly regarded especially by African American/Black employees, Hispanic or Latino employees, and employees with Over 10 Years experience. However, Caucasian employees, employees with 3 to 6 Years experience, and employees in the Finance department have a less favorable view of the CEO and believe there is room for improvement. Compared to Cathay Bank’s competitors, Pin Tai ranks right above Bank of America CEO Brian Moynihan. Under Tai’s leadership, Cathay Bank employee respondents are most happy about their Environment and the company’s Leadership. Meetings and Team are two areas, according to respondents, where Cathay Bank could stand to see real improvement.
Cathay Bank Leadership
The Cathay Bank Executive Team is rated a “B” and led by CEO Pin Tai, CFO Heng Chen, and SVP, Operations Administration Olha Holland
Pin Tai CEO / President
Pin Tai serves as the CEO / President of Cathay Bank.
Olha Holland SVP, Operations Administration
Olha Holland serves as the SVP, Operations Administration for Cathay Bank. Olha started at Cathay Bank in December of... read more
Ross Chung SVP Director Sales & Service
Ross Chung serves as the SVP Director Sales & Service for Cathay Bank. Ross started at Cathay Bank in June of 2014. Ross... read more
Jennifer Powells SVP and Director of HR
Jennifer Powells serves as the SVP and Director of HR for Cathay Bank. Jennifer started at Cathay Bank in December of .... read more
Hugo Correa Director of Accounting & Financial Reporting
Hugo Correa serves as the Director of Accounting & Financial Reporting for Cathay Bank. Hugo started at Cathay Bank in... read more
Mickey Hsu VP, Recruiting Manager
Mickey Hsu serves as the VP, Recruiting Manager for Cathay Bank. Mickey started at Cathay Bank in June of 2004. Mickey... read more
Eddie Chang EVP & Manager
Eddie Chang serves as the EVP & Manager for Cathay Bank. Eddie started at Cathay Bank in December of . Eddie is based in... read more
Cathay Bank Salaries
How much does Cathay Bank pay?
How much do people at Cathay Bank get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Cathay Bank is $106,023, or $50 per hour, while the estimated median salary is $108,845, or $52 per hour.
At Cathay Bank, the highest paid job is a Group Engineering Manager at $202,993 annually and the lowest is a Technical Support at $46,835 annually. Average Cathay Bank salaries by department include: Sales at $142,642, Business Development at $93,695, Marketing at $87,937, and IT at $100,524. Half of Cathay Bank salaries are above $108,845.
15 employees at Cathay Bank rank their Compensation in the Top 25% of similar sized companies in the US (based on 45 ratings) while 12 employees at Cathay Bank rank their Perks And Benefits in the Top 15% of similar sized companies in the US (based on 15 ratings).
Salaries contributed from Cathay Bank employees include job titles like Director of Operations, Auditor, and Customer Service Manager. Comparably data has a total of 2 salary records from Cathay Bank employees.
Last updated months ago.
| Summary | Salary Range | Percentile |
|---|---|---|
1st Percentile $66k | $66k | 1st Percentile |
17th Percentile $87k | $87k | 17th Percentile |
33rd Percentile $108k | $108k | 33rd Percentile |
50th Percentile $167k | $167k | 50th Percentile |
67th Percentile $227k | $227k | 67th Percentile |
83rd Percentile $257k | $257k | 83rd Percentile |
100th Percentile $290k | $290k | 100th Percentile |
$106,023*
Average Compensation
$108,845*
Median Compensation
* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.
Cathay Bank Salaries by City
Cathay Bank Salaries by Department
Diversity & Inclusion at Cathay Bank
Diverse employees at Cathay Bank score the company 72/100 across various culture categories, placing Cathay Bank in the Top 35% of companies on Comparably with 1,001-5,000 Employees for Comparably's diversity score. The Diversity score provides insights into how diverse employees feel and rate their work experience at Cathay Bank across various culture dimensions.
Ranked Culture the Highest
Ranked Culture the Lowest
Cathay Bank Perks & Benefits
Health & Wellness
- Dental Insurance
- Vision Insurance
- Health Insurance
- Life Insurance
Paid Time Off
- PTO / Vacation Policy
- Paid Holidays
Financial Benefits
- 401K / Retirement Plan
- Employee Stock Purchase Plan
Cathay Bank PTO
Cathay Bank's PTO and Vacation policy typically gives 15-20 days off a year with 50% of employees expected to be work free while out of office. Paid Time Off is Cathay Bank's 2nd most important benefit besides Healthcare when ranked by employees, with 33% of employees saying it is the most important benefit. Cathay Bank's benefits and PTO Package averages to represent a less than $500 cash value per month.
Other than healthcare, which of the following benefits is most important to you?
Does your boss expect you to work when you're on vacation?
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?
Cathay Bank Careers
Cathay Bank Jobs
No Recent Jobs found for Cathay Bank on Comparably
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H1B Visa
In 2019, Cathay Bank applied for 2 H1B visas. Of the work permits applied for, 50% were approved.
An in-depth look at ‘Certified-withdrawn’ H1B applications at Cathay Bank unveil that one approved work permit application was withdrawn before the employee’s start date.
Work Permit Application Outcome
2
Total Applied
H1B Applications Outcome
- 50% Granted (1 out of 2)
- 0% Denied ( out of 2)
- 50% Withdrawn Application was withdrawn by the employer before approval/rejection (1 out of 2)
- 0% Certified-Withdrawn Application was approved but later withdrawn by employer ( out of 2)
This data was calculated using publicly sourced data from OFLC Performance Data
Let Cathay Bank Know You Want To Work There
Overview of Candidates Interested in Cathay Bank on Comparably
Candidates By Department
All Industries | 44% | |
|---|---|---|
Finance | 33% | |
Product | 11% | |
Operations | 11% |
Candidates By Location
Los Angeles | 33% | |
|---|---|---|
Denver | 22% | |
Norman | 11% | |
San Francisco | 11% | |
Tampa | 11% | |
Other | 11% |
Frequently Asked Questions regarding Cathay Bank
Who is the CEO of Cathay Bank?
Cathay Bank CEO is Pin Tai, their score by employees is 80
What is Cathay Bank eNPS?
The eNPS for Cathay Bank is 15
What is the salary for Accountant in Cathay Bank?
Accountant average salary in the US is 70k
What are the salaries in the Business Development in Cathay Bank?
The average salaries for Business Development in Cathay Bank is 94k
Who are Cathay Bank competitors?
Cathay Bank main competitors are Capital One, Wells Fargo, Bank of America, Bank of the West
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