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HSBC Marks San Diego Expansion with Grand Opening Event

16 February 2011

New York, NY – HSBC Bank USA, N.A, (HSBC) part of one of the world’s largest financial services organizations, will this evening officially mark its recent expansion in San Diego with a grand opening event for over three hundred invited guests at the Natural History Museum in Balboa Park.

Since opening its first facility in December 2009, HSBC’s San Diego network now extends to three branches and a Premier Center1, employing numerous local people and serving thousands of customers. HSBC Group’s presence in over 80 countries and territories is perfectly aligned to the San Diego area, with its growing number of internationally connected businesses and individuals who benefit from both an on-the-ground HSBC branch presence and its extensive global reach.

San Diego event

During the event, HSBC will present checks for $5000 to four local charities: Project Wildlife2, Young Audiences of San Diego3, MANA de San Diego4 and Eastlake Educational Foundation5. Funds will be used to support locally-based education and wildlife preservation programs.

All HSBC branches are equipped with manned teller stations, ATMs, business banking offices and private meeting rooms as well as the latest in customer-friendly design. They provide a range of financial services to both individuals and businesses, including mortgages, loans, wealth management, and insurance.

Also offered is Premier6, HSBC’s flagship international personal banking service, which provides international recognition, worldwide support, a credit card, home-financing options, access to a relationship manager and Global View, a unique service that allows customers to view and manage all of their international accounts in one place.

Branch staff are able to serve customers in several languages including English and Spanish and between them offer over 100 years worth of combined banking experience.

David Goeden, West Coast Regional President, HSBC Bank USA, N.A., said, “San Diego, with its well-established international connections, was the obvious place in which to enhance our West Coast branch network. As ‘The world’s local bank’, we fully understand the importance of serving the San Diego community locally while helping them to make the most of opportunities globally.”

Note to editors:

Who we are

HSBC Bank USA, National Association operates more than 470 bank branches throughout the United States. There are more than 375 in New York state as well as branches in Connecticut, Washington, D.C., Florida, New Jersey, Pennsylvania, Maryland, Virginia, California, Delaware, Illinois, Oregon and Washington State. HSBC Bank USA, N.A. is the principal subsidiary of HSBC USA Inc., an indirect, wholly-owned subsidiary of HSBC North America Holdings Inc., one of the nation's largest bank holding companies by assets. HSBC Bank USA, N.A. is a member of the FDIC.

Lines of Business

HSBC Bank USA, N.A., with total assets of $186 billion as of 30 June 2010, serves its 3.8 million customers through its personal financial services, commercial banking, private banking, asset management, and global banking and markets segments.

HSBC Bank on the West Coast

Through its network of 40 branches located across the Greater Los Angeles, San Francisco, San Diego, Portland and Seattle Metropolitan areas, HSBC Bank USA, N.A. offers a full range of banking products and services to individuals, small businesses, corporations and institutions. It leverages HSBC Group's international network to provide market leading product and services to meet its clients growing international needs.

Media Contacts

1 HSBC branches are located at: 225 Broadway, Suite 140, San Diego / 640 E. San Ysidro Blvd. San Ysidro / 884 Eastlake Parkway, Suite 1619, Chula Vista. The Premier Center is located at 9255 Towne Centre Drive, Suite 235, San Diego.

2 Project Wildlife

Established in 1972, Project Wildlife gives injured, orphaned and sick wild animals a second chance at life. The medical staff and volunteers assist over 10,000 birds and mammals each year and is a critical community resource for residents and businesses in San Diego County. Under the guidance of the Executive Director, Lisa Culver, Project Wildlife employs eight full-time and four part-time staff. The organization's cadre of 500+ volunteers donates over 520,000 hours per year to care for injured, orphaned and sick wildlife.

3 Young Audiences of San Diego

For 47 years, Young Audiences of San Diego (YASD) has dedicated itself to integrating the arts into the education and lives of all children of our region through an extraordinary range of high quality performances, residencies and workshops to help our young people identify their cultural roots and discover their creative wings.

4 MANA de San Diego

MANA de San Diego is a non-profit National Women's organization. Our mission and passion is to assist young girls and women, by providing them with skills, tools and the support they need to succeed! MANA de San Diego's award-winning, educational programs do just that, through: mentoring, educational financial support, health & wellness and leadership development workshops.

5 Eastlake Educational Foundation

The EastLake Educational Foundation (EEF) is a non-profit foundation established in 1995 with the mission of raising funds to support the highest quality educational opportunities in the public schools within the community of EastLake in Chula Vista, California. Since our inception, the EEF has been successful in bringing together businesses, local residents, school staff and families in support of our mission to develop and enhance technology in the classroom and through community support, the EEF has been able to provide over $1,000,000 to equally benefit all six EastLake public schools.

6 HSBC Premier is a premium financial management service offering a range of banking, investment and financing solutions. To qualify for HSBC Premier, you need to open a Premier Checking account and maintain $100,000 in combined personal deposit and investment balances. Business owners may use their commercial balances to qualify for personal Premier membership. A monthly maintenance fee of $50 will be incurred if minimum balance requirements are not maintained.

HSBC Premier offers international recognition and support, international services, credit card rewards and protection around the world, and financial planning and wealth management through access to a Premier Relationship Manager. With Premier Centers in 42 countries and territories, HSBC Premier breaks down banking barriers allowing customers to seamlessly bank anywhere in the world. United States persons (including U.S. citizens and residents) are subject to U.S. taxation on their worldwide income and may be subject to tax and other filing obligations with respect to their U.S. and non-U.S. accounts (including, for example, Form TD F 90-22.1 (Report of Foreign Bank and Financial Accounts (“FBAR”)). U.S. persons should consult a tax adviser for more information.

Within the United States, HSBC Premier Centers can be found in Los Angeles, Miami, New York City, San Francisco, Washington, D.C., Westport, CT., and White Plains, NY. In addition to Premier Relationship Managers in branches, there are over 250 Premier Centers worldwide. For more information visit: HSBCPREMIERUSA.com.

Media Relations Contacts

The contacts listed here are for media-related inquiries only. For customer service, please visit "Contact HSBC.”

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