EXHIBIT 99.3

    HANMI FINANCIAL CORPORATION ANNOUNCES RESIGNATION OF CHUNG HOON YOUK AS
          PRESIDENT & CEO; APPOINTS YONG KU CHOE AS ACTING PRESIDENT

LOS ANGELES, Apr 30, 2003 (BUSINESS WIRE) -- The Board of Directors of Hanmi
Financial Corporation ("Hanmi") (Nasdaq: HAFC) and its wholly owned subsidiary
Hanmi Bank ("Hanmi Bank") announced today that Chung Hoon Youk, President and
Chief Executive Officer of Hanmi and Hanmi Bank, has resigned as President and
Chief Executive Officer and as a director due to personal reasons effective May
6, 2003. Mr. Youk has served as Hanmi's CEO since 1999, during which time
Hanmi's assets grew from $0.7 billion to over $1.5 billion.

The Board also announced that in accordance with the management succession plan,
the Board appointed Yong Ku Choe as acting President effective May 6, 2003. Mr.
Choe has been with Hanmi for 19 years, most recently serving as Hanmi's Chief
Financial Officer.

"The Board appreciates the dedication and achievements of Mr. Youk during his
tenure at Hanmi and wishes him a great success in his new endeavor," stated
Chang Kyu Park, Chairman. "The Board also has great confidence in Mr. Choe's
management skills and believes he has both the banking expertise and knowledge
of our institution to lead Hanmi forward while we complete the search for a new
CEO," continued Board Chairman Park. "We anticipate the search process, which is
very important to the future of Hanmi, may take a number of months to complete."

Mr. Choe stated, "I am honored to be asked to assume the responsibilities of
acting President and will work hard for our customers, shareholders and staff.
My primary focus, during my interim service, will be to continue Hanmi's focus
on generating growth in assets and profits."

About Hanmi Financial Corporation

Headquartered in Los Angeles, Hanmi Bank, a wholly owned subsidiary of Hanmi
Financial Corporation, provides services to the multi-ethnic communities of
Southern California, with 14 full-service offices in Los Angeles, Orange, San
Diego and Santa Clara counties. Hanmi Bank specializes in commercial, SBA, trade
finance and consumer lending, and is a recognized community leader. The Bank's
mission is to provide quality products and premier services to its customers and
to maximize shareholder value.

Forward-Looking Statements

This release may contain forward-looking statements, which are included in
accordance with the "safe harbor" provisions of the Private Securities
Litigation Reform Act of 1995. In some cases, you can identify forward-looking
statements by terminology such as "may," "will," "should," "could," "expects,"
"plans," "intends," "anticipates," "believes," "estimates," "predicts,"
"potential," or "continue," or the negative of such terms and other comparable
terminology. Although we believe that the expectations reflected in the
forward-looking statements are reasonable, we cannot guarantee future results,
levels of activity, performance or achievements. These statements involve known
and unknown risks, uncertainties and other factors that may cause our actual
results, levels of activity, performance or achievements to differ from those
expressed or implied by the forward-looking statements. These factors include
the following: difficulty in finding a suitable candidate to serve as permanent
President of Hanmi and Hanmi Bank; general economic and business conditions in
those areas in which the Company operates; demographic changes; competition for
loans and deposits; fluctuation in interest rates; risks of natural disasters
related to the Company's real estate portfolio; risks associated with SBA loans;
changes in governmental regulation; credit quality; the availability of capital
to fund the expansion of the Company's business; and changes in securities
markets. Hanmi sets forth certain rights in its reports filed with the
Securities and Exchange Commission, including its Annual Report on Form 10-K for
the fiscal year ended December 31, 2002.

Hanmi Financial Corporation
Yong Ku Choe, CFO, 213/368-3200
Kate Yi, Investor Relations, 213/639-1767