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Tag: Hanmi Bank

  • Hanmi Bank $2,000 Business Checking Bonus (CA, GA, IL, NJ, NY, TX, VA)

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    Hanmi Bank Business Checking Bonus

    Hanmi Bank Business Checking Bonus

    Hanmi Bank is offering a business checking bonus of up to $2,000. The maximum bonus requires a deposit of $100,000 which you need to keep in the account for three months. It’s worth noting that this offer is limited to select states only and you need to visit a branch to open the account. Let’s see how this bonus works, and who is eligible.

    How to Earn This Bonus

    Here’s how this offer works:

    • Open a New Checking Account: Visit any Hanmi Bank branch to open a business checking account
    • Meet Eligibility Criteria: You must order, activate, and enroll your debit card in uChoose Rewards® within 30 days of account opening at uchooserewards.com
    • Maintain Balance: Keep the required average daily balance to earn qualified bonus points for the first three full months after opening the account:
      • Earn 25,000 Bonus Points ($250) with at least $15,000 balance 
      • Earn 100,000 Bonus Points ($1,000) with at least $50,000 balance 
      • Earn 200,000 Bonus Points ($2,000) with at least $100,000 balance

    Are You Eligible?

    Here are the eligibility details for this bonus:

    • Offer available in CA, GA, IL, NJ, NY, TX, VA.
    • Offer is valid for new business checking customers; new business checking customer is defined as a customer who has not had an existing business checking relationship with Hanmi within the past 60 days.
    • One eligible account per TIN. 

    Account Fees

    • Business Smart Checking has no monthly fee.
    • There’s no early closing fee, but account must remain open at time of bonus payout.

    Guru’s Wrap-Up

    This is a decent offer that will earn you a better return for three months compared to what you can get elsewhere with current interest rates. The maximum bonus of $2,000 would be a 8% return for example.

    Bank bonuses are a great way to earn some extra income, often from the comfort of your home. You can take a look at my bank bonus results for 2022 where I made over $6,000. If this bonus is not for you, then you can check our full list of available bank bonuses. You can also access bonuses available in your state by clicking the article tags below, or visiting dannydealguru.com/tag/NY-bank-bonus/. Just replace NY with your state or with “nationwide”.

    And, if you’re new to bank account bonuses, you can learn more about churning bank accounts here.

    Use the social media buttons below to share this article. Your support and engagement is always greatly appreciated.


    💡 Link & Full Details

    • OFFER PAGE
    • Max Bonus: $2,000
    • Account Type: Business Checking
    • Availability: CA, GA, IL, NJ, NY, TX, VA
    • Type of Inquiry: Soft pull
    • Direct Deposit Requirement: None
    • Other Requirements: $15K/$50K/$100K balance
    • Credit Card Funding: No
    • Monthly Fee: None
    • Early Account Closing Fee: Must keep open for bonus to post
    • Expiration Date: 12/31/26

    HT: Doctor of Credit

    Share Bank Bonuses and other deals with us and our readers

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    DDG

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  • [CA, IL, NJ, NY, TX, VA] Hanmi Bank World Elite Credit Card 50k Points – Doctor Of Credit

    [CA, IL, NJ, NY, TX, VA] Hanmi Bank World Elite Credit Card 50k Points – Doctor Of Credit

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    The Offer

    Direct link to offer

    • Hanmi Bank is offering 50,000 points after $5,000 in spend within the first 90 days on the World Elite Credit Card

    Card Details

    • $99 annual fee
    • Earn 1 Rewards Point for every $1 spent
    • 0% foreign transaction fees

    Our Verdict

    Not sure how much points are worth, but assuming they are 1¢ each this bonus is worth doing Points are worth 1 cent each. I’m also not sure if the state restriction is enforced for credit cards, but those are the states allowed for the bank account bonuses.

    Hat tip to reader John C

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    William Charles

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  • Hanmi Adds Banking Vet To Its Board – Los Angeles Business Journal

    Hanmi Adds Banking Vet To Its Board – Los Angeles Business Journal

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    Koreatown-based Hanmi Financial Corp., the parent company of Hanmi Bank, has appointed banking executive James Marasco to its board. 

    The appointment, which was made late last month, brings the local bank’s board headcount to 10 directors, including both chairmen and the company’s chief executive, Bonnie Lee. 

    Marasco transitions from the Los Angeles outlet of Gibraltar Business Capital, an Illinois-based direct lender to middle-market companies. Previously he worked at Century City-based Crescent Capital Group as a strategic advisor.

    After a year of substantial loan production — highlighted by a 16% bump in loans for its fourth quarter — the bank may tap his capital markets expertise to grow its loan portfolio, which exceeds $6 billion.

    “With decades of experience in commercial lending and a wide array of financial services management, Jim brings a wealth of knowledge and understanding to the board that will enrich our strategic discussions,” said John Ahn, the board’s chair.

    This is the first appointment to Hanmi’s board since 2021, when venture capitalist and San Francisco 49ers co-owner Gideon Yu joined. At that time, Yu’s network within the Korean American community was highlighted in his appointment, reflecting the bank’s history as the first Korean American bank.  

    The bank, which operates in nine states with 35 branches, reported $7.6 billion in assets in its fiscal-year earnings on Jan. 25. With a slight gain from its assets reported in 2022, Hanmi retained its footing amid a regional banking crisis and in its fourth-quarter earnings reported its first substantial recovery of credit-loss expense in over a year. 

    “Our proven strategies continued to drive growth and diversification in our loan portfolio and expansion of our customer base, all against the backdrop of a challenging interest rate environment and the lingering effects of an uncertain economy,” Lee said in the earnings call. 

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    James Brock

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