About Us

UIB brings satisfaction and prosperity to you with wisdom and innovation integrated from the cultural virtues from the East and the West.
 

UNITED INTERNATIONAL BANK SERVING COMMUNITY

The growth of Asian-Americans and their contribution to the community’s economic growth in the New York area have been quite impressive in recent years. With a continuous influx of new immigrants, the Asian-American community has been growing by leaps and bounds. The exponential growth of the Asian-American population and the fast expansion of their economic activities have combined to create an ever-increasing demand for quality banking products and services. In view of this development, a group of senior bankers and successful entrepreneurs decided to join force to establish a new bank – United International Bank (the “UIB”). It is their common vision and interest to facilitate the continued success of the growing New York Asian-American community. By establishing UIB as a locally based community bank, the goal is to help the Asian-Americans making further contribution to the social and economic vitality of New York City. UIB is therefore committed to serving the community with easier access to decision-makers, high quality professional services, a full product menu, and most important, innovative delivery of customer value and convenience.

Many Asian-Americans in the greater New York area are small local business owners. They often have difficulty in obtaining bank financing to support their business growth. To address this issue, UIB has established a “Small and Mid-sized Business Financial Service Center” dedicated to helping local small businesses. The lending professionals in UIB’s “Business Banking Department” are highly experienced in working with business concerns and entrepreneurs for a variety of credit arrangements ranging from import and export trade finance transactions, accounts receivable and inventory financing, revolving working capital lines of credit, to financing for equipment purchases and other capital expenditures. UIB also has special expertise in a variety of mortgage loan products, both residential and commercial, as well as construction lending, for a broad spectrum of property types and financing arrangements with flexible terms, competitive pricing and fast approvals. The collective expertise assembled among the UIB’s professional banking personnel will ensure that UIB can adequately serve the community’s credit needs.

THE “88 BANK” - CONVENIENCE TO CUSTOMERS

UIB has pioneered the concept of opening to customers for 365 days a year (366 days for leap years), including Saturdays, Sundays and national holidays. UIB also operates extended weekday hours, opening to customers from 8:00 am to 8:00 pm from Monday to Friday, and from 10:00 am to 4:00 pm for weekends and national holidays, to accommodate the busy schedules of retailers and commuters. In addition, UIB provides Automated Teller Machines (ATM’s), Internet Banking services, Online Bill-Payment and a fully automated state-of-the-art banking system for customers to access their accounts anytime and anywhere. UIB is also the forerunner in providing both traditional Chinese and simplified Chinese languages on its ATM and internet banking website to serve the Chinese readers from all around the world. UIB is dedicated to creating value for its customers in the most convenient manner and banking hours.

THE PROFESSIONAL TEAM AT UIB

Mr. Jerry D. Li, Chairman and CEO of UIB, has over twenty-five-year of banking experience on a global basis. He has a deep appreciation of the market trends and customer demands. Mr. Li is an active participant in the activities of the community groups such as the Mont Jade Technology Association. Mr. Li provides a strong leadership and vision to guide the future growth of UIB.

The President of UIB, Mr. Fred Hung, CPA, has over twenty years of professional experience in the Big-4 accounting firms, international financial institutions and community banks. Mr. Hung has special expertise in banking laws and regulations, financial planning and overall bank management. Mr. Hung also has many years of community service experience serving as a board member for the Asian American For Equality and Renaissance Economic Development Corporation in New York.

Under the leadership of Mr. Li and Mr. Hung, UIB boasts a highly experienced team of professional banking managers each of whom has close to twenty years of commercial banking experience. The wealth of experience and expertise represented by the UIB team of management is indeed quite unique among Asian-American community banks.

UIB has adopted the best industry practice in Corporate Governance, with an unusually strong and active Board of Directors providing overall oversight and governance for the entire bank. In addition to Mr. Li and Mr. Hung, represented on the Board are successful business and community leaders and outside directors who are senior seasoned bankers having held top management responsibility at well-known banks. In alphabetical order, the members of the UIB Board of Directors are:

• Mr. William J. Cardew – Retired Vice Chairman of the Merchant Bank of New York
• Mr. Fred T. Hung – President of UIB
• Mr. Jerry D. Li – Chairman and CEO of UIB
• Mrs. Yvonne Liu – Principal of Multicultural Radio Broadcasting
• Mr. Ian F. MacKinnon – Retired Executive Vice President and Chief Credit Officer of the Barclays Bank of New York
• Mr. Raymond M. Pride – Former senior executive of The Dai-Ichi Kangyo Bank and former Federal Reserve Bank examiner
• Mr. Myint J. Kyaw a/k/a Jeffrey Wu – Principal of Hong Kong Supermarket Group, Mon Chong Loong Trading Corp. and an active investor in commercial real estate and other businesses

THE UIB ADVISORY BOARD AND HONORARY GENERAL COUNSEL

Dr. Henry C. Lee – UIB Advisory Board Chairman

Dr. Lee is currently the Chief Emeritus for Scientific Services for the State of Connecticut and a full professor of forensic science at the University of New Haven, where he has helped to set up the Henry C. Lee Forensic Institute. He is the first Asian-American to achieve a US state-level head position. In the field of forensic science, he is an established professional authority. Dr. Lee’s spirit in pursuing the truth, along with his insight and wisdom in judgment allows him to let the evidence speak to expose the truth. He has authored and co-authored twenty books. The cases that he investigated have become teaching models in the international forensic science field. He has been involved in many well-known and prominent cases, such as in the O.J. Simpson case and the 3-19 shooting incident of the Taiwan President and Vice President. Dr. Lee has been honored more than eight hundred times with awards from various countries and organizations, including the Donero Award from the International Association of Identification and the Distinguished Fellow from American Academy of Forensic Science.

Mr. Christopher Kui – UIB Advisory Board Member

Mr. Kui is a long-time champion of community service and an advocate for Asian the immigrant community. Mr. Kui was appointed to the New York City Planning Commission by Mayor Michael R. Bloomberg. He is also the Executive Director of Asian Americans for Equality (AAFE) which recently raised fifty million dollars and constructed over five hundred affordable housing units and helped families access more than one hundred fifty million dollars in mortgage financings to purchase homes. In 1999, Mr. Kui was appointed through the President to be a member of the U.S.-China Residential Building Council, responsible for community planning and residential housing developments. Mr. Kui founded and chairs the board of directors for the Renaissance Economic Development Corporation, an organization that provides financing and technical assistance to immigrant-, minority- and women-owned small businesses and which has made significant contributions to rebuilding Chinatown after 9/11.

Dr. Hugh H. Mo – UIB Honorary General Counsel

At the young age of 33, Dr. Mo was appointed as the Deputy Commissioner in Charge of Trials in the New York City Policy Department, the first Asian American ever appointed to such a position. After successfully serving as the Deputy Commission for four years (1984 – 1988), Dr. Mo returned to his private legal practice by joining the law firm of Whitman & Ransom as the Partner-In-Charge of the China Practice Group. His extensive law experience and wide community connections have helped numerous new immigrants and corporate clients in litigation, commercial, criminal and real estate matters. In 1994, Dr. Hugh Mo started his law firm and quickly built a successful practice. Dr. Mo also serves as the General Counsel to the Permanent Mission of the People’s Republic of China to the United Nations in New York as well as the U.S. General Counsel for many foreign corporate entities and entrepreneurs.

BUSINESS PHILOSOPHY AND CORE VALUE

The underlying business philosophy of UIB is founded on a firm conviction of achieving Win-Win-Win for its customers, shareholders and employees. Customers expect and deserve high quality service from their banks and UIB stands ready to meet those expectations. We at UIB recognize that as a service business, banks compete on the quality of their services and the efficiency of their service delivery. Management and staff at UIB understand and are firmly convinced that maximizing value for customers is entirely consistent with value creation for the shareholders. None of this would be possible without the dedication and commitment from the employees. UIB strives to create the best working environment for its employees who in turn will be fully dedicated to the creation of value for the customers and shareholders of the bank Many innovative measures have thus been adopted by UIB to encourage its employees to achieve the highest possible level of performance. For example, employees at UIB will not find time-card punching machines to keep their times and instead, they will be enrolled in an employee stock option program so that they will be rewarded with their fair share of the fruit of their efforts.

Diligence and innovation are the hallmark of the UIB value. Innovations introduced by UIB to create customer benefits include features such as the “Full House Deposit Account”, the “Free Free Checking Account”, free and nationwide usage of ATM cards for customers meeting certain minimum requirements, internet banking and imaging services, innovative real estate lending programs, etc. All this and more are provided to UIB customers in the most convenient manner and banking hours. Every one of us at UIB continuously looks for better ways to serve our customers – our number one mission and our top and only priority.