Veronica Tsang of Cathay Bank Receives 2017 Ellis Island Medal of Honor

LOS ANGELES, May 18, 2017

"As I read through the list of past honorees, I am humbled but proud to be selected as one of the Ellis Island Medal of Honor recipients by NECO. I am grateful for Cathay Bank's support of my involvement in the work I do for the community," Tsang said. "One of my passions is community involvement. My current community activity involvement includes serving as the Vice Chairperson on the board of the Chinese American Planning Council, as Chairperson on the board of the Most Holy Redeemer Catholic Academy-St. Michael's School, as Chairperson on the board of the Gift of Life, Inc., and as Vice President of Flushing Council on Culture and the Arts."

"These non-profit organizations focus on helping new immigrants and less fortunate individuals so they can live the American dream," she continued. "I strongly believe it is better to give than to receive. Everyone needs a little break; whatever help I can give might make a difference in someone's life. This is one of the reasons I stay active and involved in these organizations."

Since its founding in 1986, the Ellis Island Medal of Honor has been officially recognized by the House of Representatives and Senate, and each year's recipients are read into the Congressional Record.

NECO has honored such distinguished and diverse Americans including seven U.S. presidents; Nobel laureate Elie Wiesel; Generals Norman Schwarzkopf and Colin Powell; Justice Sandra Day O'Connor; Secretaries of State Madeleine Albright, Condoleezza Rice, and Hillary Clinton; Bob Hope; Muhammad Ali; Frank Sinatra; and Rosa Parks — all of whom have distinguished themselves through their significant philanthropic and humanitarian contributions to this country.

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About Cathay Bank

Cathay Bank is a subsidiary of Cathay General Bancorp (NASDAQ: CATY). Founded in 1962, Cathay Bank offers a wide range of financial services. Cathay Bank currently operates 34 branches in California, 12 in New York State, three in the Chicago, Illinois area, three in Washington State, two in Texas, one in Maryland, one in Massachusetts, one in Nevada, one in New Jersey, one in Hong Kong, and a representative office in Taipei and in Shanghai. Cathay Bank's website can be found at www.cathaybank.com. FDIC insurance coverage is limited to deposit accounts at Cathay Bank's U.S. domestic branch locations.

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SOURCE Cathay Bank