Velo by East West BankTM is a global digital banking service owned by East West Bank, one of the largest independent banks headquartered in California (NASDAQ Symbol: EWBC). It is a fast, easy, and safe way for consumers to access premium financial products and services offered by East West Bank, as well as a source of useful tips and insights to connect customers to emerging opportunities.
As a premier bank focused on the United States and Greater China markets, East West Bank is committed to building a financial bridge for our global consumer and business customers’ cross-border needs. When searching for a new name for our next-generation consumer digital platform, we choose the symbol of the red envelope. Although giving red envelopes started as a Chinese tradition, it has grown into a popular universal gesture of giving with love – expanding the financial bridge one step further by connecting people around the world. Our name Velo is derived from red envelope – and the four letters that celebrate giving with “love.” In Latin, Velo also means speed, which symbolizes our wish to provide global consumers with fast and convenient services that meet their modern lifestyle.
Operates over 130 locations worldwide, with a focus on the United States and Greater China
In 2019, Forbes ranked East West Bank as No. 8 in “Best Banks in America”
Over $42 billion in total assets. Publicly traded on NASDAQ (“EWBC”)