Our History

Company History

The Bank was formerly the Taichung District Joint Saving Company that was approved and established in April 1953, and began its operations in August the same year to provide joint saving services. Its serving area covered Taichung County/City, Changhwa County and Nantou County.The Law of Bank was amended and promulgated in 1975. Thus the Joint Saving Company was officially placed into banking system and transformed to small and medium enterprises bank. In order to comply with legal regulations and business development, the Bank had made efforts for three year and was officially transformed to “Taichung District Small and Medium Enterprises Bank” in 1978. Furthermore, in order to expand business scope and publicize its capital, the Bank went public with initial public offering stocks in May 1984, and gradually consolidated a firm foundation.In the beginning of establishment, the capital was only NT$500,000. Later on, several capital additions were implemented to strengthen capital structure. Currently, the actual capital amount is NT$15.38 billion.

With relentless efforts of all employees for more than 50 years, our operation base has become stable gradually, and business grows rapidly. Business offices have increased from 5 branches in the beginning, to 79 branches today. Our service network has evolved from regional to national-wide. In addition to Trust Department, International Banking Department, and Offshore Banking Branch, there are also 8 designated foreign currency branches to provide complete commercial banking services to our clients. In recent years, our Bank was experienced growing business. The bank has officially changed to “Taichung Commercial Bank” in 1998, declaring that the Bank has become a nation-wide commercial bank.

Lastly, the Bank intends to make efforts for becoming “a bank involved in local life and culture with caring and sharing” with a full customer orientation by understanding the needs of customers, constantly caring for customers , participating in local and community activities for local residents and enhancing the Bank’s image.In addition, the Bank also focuses on small and medium enterprise by activating professional and friendly services, in order to become a small and medium enterprise bank involved in local life and culture.