California United Bank’s 7th Annual Golf Tournament Raises $200,000 for Local Charities
ENCINO, Calif.--(BUSINESS WIRE)--California United Bank (“CUB” or “the Company”), a subsidiary of CU Bancorp (NASDAQ: CUNB), today announced that the California United Bank 7th Annual Golf Tournament, held Oct. 28 at the Sherwood Country Club, netted $200,000 that will be distributed to three local charities.
“I’m very pleased to announce that the proceeds from this year’s tournament will exceed $200 thousand,” said David Rainer, CEO and President of California United Bank. “From our founding in 2005, a key component of our mission has been to be a positive, enriching influence in our community and I’m proud to report that over the last seven years our annual tournament has raised a total of more than $1.2 million for local charitable organizations. The generous support of friends, business associates and tournament participants, as well as the dedication of CUB volunteers, has made this possible.”
Supporters of Steven Smith, honored with this year’s CUB Community Service Award, filled the Sherwood Clubhouse to capacity and contributed to this year’s success through their participation in a live auction and generous contributions to the “I Chose to Make a Difference” campaign.
This year’s proceeds will benefit the Boys & Girls Club of the West Valley, Casa Pacifica and Easter Seals Disability Services.
About CU Bancorp and California United Bank
CU Bancorp is the parent of California United Bank which was founded in 2005 and is the largest independent bank headquartered in the San Fernando Valley. California United Bank provides a full range of financial services, including credit and deposit products, cash management, and internet banking to businesses, non-profits, entrepreneurs, professionals and investors throughout Southern California from offices in the San Fernando Valley, the Santa Clarita Valley, the Conejo Valley, Simi Valley, Los Angeles, South Bay, and Orange County. To view CU Bancorp’s most recent financial information, please visit the Investor Relations section of the Company’s Web site. Information on products and services may be obtained by calling (818) 257-7700 or visiting the Bank’s Web site at www.cunb.com.