Hanmi Financial To Close Four Branch Offices - Quick Facts

(RTTNews) - Hanmi Financial Corp. (HAFC), the holding company for Hanmi Bank (the "Bank"), announced the planned closure and consolidation of three branch offices in Harvey, Naperville (South) and Roselle, Illinois and one branch office in Springfield, Virginia.

The closing of these branches is scheduled for August 28, 2015 after regulatory notice requirements are met. The closures will result in an estimated annual pre-tax cost savings of $2.7 million. Non-recurring charges associated with the branch closings are estimated to be approximately $0.9 million.

After these closures, Hanmi will operate 42 full-service branches and 6 loan production offices in California, Texas, Illinois, Virginia, New Jersey, New York, Colorado, Washington and Georgia.