Hanmi Bank Hosts Grand Opening Celebration of New Branch in Duluth, Georgia

Rhea-AI Summary

Hanmi Financial Corporation (HAFC) celebrated the grand opening of its first full-service branch in Georgia, located in Duluth. The event was attended by state officials including Representative Long Tran and Commissioner Kirkland Carden, along with Hanmi executives including CEO Bonnie Lee. The new branch, situated less than 30 miles from Atlanta at 2330 Pleasant Hill Road, comes amid strong Korean business investment in Georgia, with Korean companies announcing over $10 billion in new investments and 12,600 job creations in FY2023. Total Georgia-Korea trade reached $17.5 billion last year. The branch offers comprehensive personal and business banking services, including checking, savings, commercial lending, and SBA loans.

Positive

• Strategic expansion into Georgia's growing Korean business market with trade value of $17.5 billion
• Entry into a region with significant Korean investment activity ($10 billion+ in FY2023)
• Potential to capture business from 12,600 new jobs created by Korean companies in Georgia

Negative

• None.

DULUTH, Ga., June 05, 2025 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (Nasdaq: HAFC) (“Hanmi”), the holding company for Hanmi Bank, today welcomed local officials and community members to its grand opening celebration for its newest branch in Duluth, Georgia. Honored guests included Georgia State Representative Long Tran (Dist. 80), and Gwinnett County Commissioner Kirkland Carden. They were joined by several Hanmi Bank executives, including Bonnie Lee, President and CEO, Anthony Kim, Chief Banking Officer, and Cindy Yum, who serves as Branch Manager for the new Duluth location.

The Duluth branch is Hanmi’s first full-service branch in Georgia, located at 2330 Pleasant Hill Road, Suite 100 – less than 30 miles from Atlanta. Georgia continues to be a key hub for Korean business investment and expansion. In fiscal year 2023, Korean companies announced over $10 billion in new investments and the creation of more than 12,600 jobs across the state, according to the Office of the Governor. Total trade between Georgia and Korea reached $17.5 billion last year, underscoring the strength of this dynamic economic partnership.

“Our expansion in Georgia is an important step in our growth plans, and we’re excited to be a part of this community,” said Bonnie Lee, President and Chief Executive Officer of Hanmi Financial Corporation. “Duluth is a vibrant and diverse city that values business opportunity and community strength. We look forward to supporting local businesses and individuals, and contributing to the continued economic vitality of this region through our relationship-based banking model.”

Hanmi Bank Duluth Branch offers a comprehensive range of personal and business banking services, including checking and savings accounts, commercial lending, SBA loans, and specialized financial solutions. Bank hours are Monday to Friday, 9:00 AM to 5:00 PM.

About Hanmi Financial Corporation
Headquartered in Los Angeles, California, Hanmi Financial Corporation owns Hanmi Bank, which serves multi-ethnic communities through its network of 32 full-service branches, five loan production offices and three loan centers in California, Colorado, Georgia, Illinois, New Jersey, New York, Texas, Virginia and Washington. Hanmi Bank specializes in real estate, commercial, SBA and trade finance lending to small and middle market businesses. Additional information is available at www.hanmi.com.

Contact
Kelly McAndrew
Financial Profiles, Inc.
310-622-8239
kmcandrew@finprofiles.com

Source: Hanmi Bank

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1979e6ea-5852-40ca-a7fe-5713ce755da3

FAQ

Where is the new Hanmi Bank (HAFC) branch located in Georgia?

The new Hanmi Bank branch is located at 2330 Pleasant Hill Road, Suite 100 in Duluth, Georgia, less than 30 miles from Atlanta.

What services does Hanmi Bank's new Duluth branch offer?

The branch offers personal and business banking services, including checking and savings accounts, commercial lending, SBA loans, and specialized financial solutions.

What are the operating hours of Hanmi Bank's new Duluth branch?

The branch is open Monday to Friday, from 9:00 AM to 5:00 PM.

How significant is Korean business investment in Georgia where HAFC opened its new branch?

Korean companies announced over $10 billion in new investments and created more than 12,600 jobs in Georgia during fiscal year 2023, with total Georgia-Korea trade reaching $17.5 billion.

Who is the Branch Manager of Hanmi Bank's new Duluth location?

Cindy Yum serves as the Branch Manager for the new Duluth location.