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Chinese American Bank

1967 establishments in New York City2007 mergers and acquisitionsBanks based in New York CityBanks disestablished in 2007Banks established in 1967
Chinese-American culture in New York CityChinese American banksDefunct banks of the United StatesPrivately held companies based in New York City

The Chinese American Bank (Chinese: 中美銀行) was an overseas Chinese bank in the United States headquartered in New York City, with branch offices in Chinatown, Manhattan and in Chinatown, Flushing. The privately owned community bank was established in 1967 to serve the ethnic Chinese in Chinatown. A burgeoning community of Chinese immigrants in the Flushing Chinatown prompted the bank to open another branch there. The Chinese American Bank was acquired by United Commercial Bank in the second quarter of 2007; United Commercial Bank later went defunct and was acquired by East West Bank in November 2009.

Excerpt from the Wikipedia article Chinese American Bank (License: CC BY-SA 3.0, Authors).

Chinese American Bank
Bowery, New York Manhattan

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Latitude Longitude
N 40.716388888889 ° E -73.995833333333 °
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Bowery

Bowery
10002 New York, Manhattan
New York, United States
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Confucius Plaza
Confucius Plaza

Confucius Plaza Apartments is a limited-equity housing cooperative in Chinatown, Manhattan, New York City. The 44-story brown brick tower block complex (433 ft (132 m)) with 762 apartments was constructed in 1975 at a cost of $38.387 million. The building was the first major public-funded housing project built for almost exclusively Chinese Americans. The complex contains 762 apartments, the Yung Wing Public School, P.S. 124 (K-5), shops, community space and a day care center. The complex is located north of Chatham Square at the intersection of Bowery, Doyers Street, and Division Street. One of the most frequently visited landmarks in Chinatown is the 15-foot bronze statue of Confucius, the Chinese philosopher, in front of the complex. Sculpted by Liu Shih, the statue was presented by the Chinese Consolidated Benevolent Association as a token of appreciation, and to commemorate the U.S. bicentennial. At its base, a Confucian proverb is inscribed aside an American Flag, praising a just government with remarkable leaders of wisdom and ability.During the construction of Confucius Plaza, Asian American activists organized several successful protests alleging discriminatory hiring practices by the contractor, DeMatteis Organization, for refusing to hire Asian construction workers. On May 16, 1974, a protest of 250 individuals organized by Asian Americans for Equal Employment (now Asian Americans for Equality) resulted in a work stoppage when protestors entered the construction site. Protestors held signs in English and Chinese which stated “The Asians build the railroad; Why not Confucius Plaza” and “DeMatteis, you are big racist.” Over 55 people were arrested for trespassing and disorderly conduct. Several weeks later, DeMatteis agreed to hire 27 minority workers.A section of Second Avenue Subway tunnel was built in the 1970s, constructed concurrently with the plaza underneath it, and is lightly graffitied.