Industrial and Commercial Bank of China Limited (“ICBC”), listed on both SSE and SEHK, is the largest bank in the world by total assets [ SNL data, as of 2014.]. It has its presence in six continents, and its overseas network has expanded to more than 40 countries and regions. For several times, ICBC was ranked in the first place of the largest public enterprise in the world among the Global 2000 listed by the US magazine Forbes.
The Industrial and Commercial Bank of China (USA) NA (“ICBC USA” or the “Bank”) is the U.S. subsidiary of ICBC with ICBC as the Controlling Shareholder owning 80% shares, East Asia Holding Company, Inc. owns the other 20%. ICBC USA is a national bank chartered by the Office of the Comptroller of the Currency (the “OCC”).
It provides retail and commercial banking services such as deposit-taking, lending, remittances, and settlement. Deposits at ICBC USA are insured by the FDIC. ICBC USA operates three branches in New York City, five branches in the greater Los Angeles area, five branches in the greater San Francisco area, and deposit and loan production offices in Seattle, Washington, and Houston, Texas.
In the United States, ICBC has four institutions providing a full suite financial services to consumer, business, and financial institution customers. ICBC’s New York branch (“NYBR”) engages in wholesale deposit-taking, lending, and other banking services primarily for business clients. The NYBR also serves as the U.S. dollar clearing center for ICBC.
Industrial and Commercial Bank of China Financial Services LLC (“ICBC FS”) primarily provides fixed-income securities clearing and financing services to institutional clients. In 2015, ICBC purchased a 60% controlling interest in Standard Bank Plc, forming ICBC Standard Bank Plc (“ICBC SB”). ICBC SB wholly owns ICBC Standard NY Holdings Inc, a holding company with two regulated subsidiaries operating in the securities, commodities, swaps, and foreign exchange markets, ICBC Standard Securities Inc. (“ICBC Securities”), an SEC-registered broker-dealer and member of the Financial Industry Regulatory Authority, and ICBC Standard Resources (America) Inc. (“ICBC Resources”), a CFTC-registered introducing broker, commodity trading advisor and the commodity pool operator and member of the National Futures Association.
2. THE MISSION OF ICBC USA
To Support Local Economic Development
To Create Value for Sino-US Cross-Border Customers
To Promote USD – RMB Exchange
ICBC USA has the mission of promoting the ICBC brand in the USA to the image of a global leading bank with the best profitability, performance, and prestige. Its goal is to establish itself as a profitable bank focusing on the cross-border niche market between US and China. It aims to do so with its expertise, service capabilities, and an effective branch network in major urban centers. ICBC USA also makes effort to support local community development through offering credits, education, and donations to local retail businesses, households, and organizations following Community Reinvestment Act.
With strong management capability and leading technology, ICBC USA will be actively engaged in providing services to consumer, business, and institution customers in the areas of deposit taking, lending, remittances, and settlement. As the extension of ICBC Global service network into the U.S. market, the Bank will dedicate itself to becoming a new bridge for Sino-US trade and economic development and a new platform for bilateral financial exchanges and cooperation.
Contact Details
ICBC USA has 13 branches across the East and West coasts in the U.S. to provide convenient services for you. Should you have any question, please contact our branch or email us [email protected]. You also can follow “ICBC (USA)” on WeChat.
New York City
Canal Street Main Branch
202 Canal Street, New York, NY 10013
Tel: (212) 238-8208
Fax: (212) 219-3378
ATM Available
Brooklyn Branch
5714 8th Avenue, Brooklyn, NY 11220
Tel: (718) 210-0508
Fax: (718) 492-4201
ATM Available
Flushing Branch
39-02 Main Street, Flushing, NY 11354
Tel: (347) 905-9772
Fax: (718) 886-3912
ATM Available
Ground Floor
1185 Avenue of the Americas, New York, NY 10036
Only ATMs Available, No Branch Services
Northern California
San Francisco Chinatown Branch
1001 Grant Avenue, San Francisco, CA 94133
Tel: (415) 352-6900
Fax: (415) 576-1260
ATM Available
Clement Branch
622 Clement Street, San Francisco, CA 94118
Tel: (415) 668-8877
Fax: (415) 668-9972
Branch Only
Noriega Branch
1250 Noriega Street, San Francisco, CA 94122
Tel: (415) 665-8877
Fax: (415) 665-6962
Branch Only
Oakland Branch
401 9th Street, Oakland, CA 94607
Tel: (510) 208-2140
Fax: (510) 208-3785
ATM Available
South San Francisco Branch
235 Grand Avenue, Suite 101, South San Francisco, CA 94080
Tel: (650) 872-9700
Fax: (650) 872-9707
ATM Available
Southern California
Alhambra Branch
388 East Valley Boulevard, Suite 118, Alhambra, CA 91801
Tel: (626) 300-8888
Fax: (626) 284-8697
ATM Available
Hacienda Heights Branch
17180 Colima Road, Hacienda Heights, CA 91745
Tel: (626) 965-3938
Fax: (626) 965-5947
ATM Available
San Gabriel Branch
168 West Valley Boulevard, San Gabriel, CA 91776
Tel: (626) 656-0880
Fax: (626) 571-2378
ATM Available; Limited Branch Services Starting August 15, 2022
Temple City Branch
5773 Rosemead Boulevard, Temple City, CA 91780
Tel: (626) 656-8888
Fax: (626) 656-8889
ATM Available
Torrance Branch
23133 Hawthorne Boulevard, Suite 100, Torrance, CA 90505
Tel: (310) 802-7388
Fax: (310) 802-7399
ATM Available
Washington
Seattle Business Center
701 Pike Street, Suite 2150, Seattle, WA 98101
Tel: (206) 876-8000
Texas
Houston Business Center
2800 Post Oak Blvd, Suite 5105, Houston, TX 77056
Tel: (281) 763-7228