Nara Bancorp and Center Financial Receive Final Regulatory Approval for Merger of Equals

Nara Bancorp, Inc. NARA and Center Financial Corporation CLFC today announced the receipt of approval from the Federal Deposit Insurance Corporation (FDIC) for the planned merger of Nara Bank and Center Bank. This represents the final regulatory approval required for the merger of the two companies. Approvals have previously been received from the California Department of Financial Institutions and the Federal Reserve Bank of San Francisco.