Center Bank to Celebrate 25th Anniversary by Ringing the NASDAQ Opening Bell on March 18

LOS ANGELES--(BUSINESS WIRE)--Center Financial Corporation (NASDAQ: CLFC), the holding company of Center Bank, today announced that its Directorate will celebrate Center Bank’s 25^th anniversary by ringing the NASDAQ Stock Market Opening Bell on Friday, March 18, 2011. Chairman of the Board Jin Chul Jhung, along with three founding Directors, Chung Hyun Lee, David Z. Hong and Sang Hoon Kim, Director Kevin S. Kim and President and Chief Executive Officer Richard S. Cupp will share the honor of opening the NASDAQ Stock Market. The Bank first opened its doors on March 18, 1986, under the name California Center Bank.

The ceremony will take place at 9:30 a.m. ET at NASDAQ’s MarketSite in New York’s Times Square. A live webcast of the NASDAQ Opening Bell will be available at:
http://www.nasdaq.com/about/marketsitetowervideo.asx.

About Center Financial Corporation

Center Financial Corporation is the holding company of Center Bank, a community bank offering a full range of financial services for diverse ethnic and small business customers. Founded in 1986 and specializing in commercial and SBA loans and trade finance products, Center Bank has grown to be one of the nation’s leading financial institutions focusing on the Korean-American community, with total assets of $2.27 billion at December 31, 2010. Headquartered in Los Angeles, Center Bank operates a total of 22 full-service branches and two loan production office. The company has 16 full-service branches located throughout Southern California and three branches in Northern California. Center Bank also operates two branches and one loan production office in the Seattle area, one branch in Chicago and a loan production office in Denver. Center Bank is a California state-chartered institution and its deposits are insured by the FDIC to the extent provided by law. For additional information on Center Bank, visit the company’s Web site at www.centerbank.com.