$CUNB News

Last published 5y ago

5y agoBCAL USB CUNBSouthern California Bancorp Announces Executive Leadership TransitionBusiness WireSouthern California Bancorp (the "Company") (OTC:BCAL), the holding company for Bank of Southern California, N.A. (the "Bank"), announces that the Board of Directors has appointed Executive Chairman David I. Rainer to succeed Nathan Rogge as the Preside
6y agoCUNB USBSouthern California Bancorp Names David I. Rainer Executive ChairmanBusiness WireSAN DIEGO--(BUSINESS WIRE)--Southern California Bancorp (the “Company”) (OTC Pink: BCAL), the holding company for Bank of Southern California, N.A. (the “Bank”) is pleased to announce that David I. Rainer has been named Executive Chairman of the Board of Directors of the Company, and of the Bank, as of November 5, 2020.
9y agoCUNBCalifornia United Bank CFO Appointed to LAUP Board of DirectorsBusiness WireLOS ANGELES--(BUSINESS WIRE)--California United Bank (“CUB” or “the Company”), a subsidiary of CU Bancorp (NASDAQ: CUNB), today announced that Karen Schoenbaum, Executive Vice President and Chief Financial Officer of California United Bank and CU Bancorp, has been appointed to the Board of Directors of LAUP. She will also serve as Chair of the organization’s Finance Committee.
9y agoCUNBCU Bancorp Reports Record Earnings of $9.3 Million and Record Revenues and Loan Growth for Second QuarterBusiness WireLOS ANGELES--(BUSINESS WIRE)--CU Bancorp (NASDAQ: CUNB), the parent company of wholly owned California United Bank, today reported financial results for the second quarter of 2017.
9y agoCUNBCU Bancorp Reports Record First Quarter Earnings of $7.8 MillionBusiness WireLOS ANGELES--(BUSINESS WIRE)--CU Bancorp (NASDAQ: CUNB), the parent company of wholly owned California United Bank, today reported financial results for the first quarter of 2017.
9y agoCUNB PACWRobbins Arroyo LLP: Acquisition of CU Bancorp (CUNB) by PacWest Bancorp (PACW) May Not Be in Shareholders' Best InterestsBusiness WireSAN DIEGO & LOS ANGELES--(BUSINESS WIRE)--Shareholder rights attorneys at Robbins Arroyo LLP are investigating the proposed acquisition of CU Bancorp (NasdaqCM: CUNB) by PacWest Bancorp (NasdaqGS: PACW). On April 6, 2017, the two companies announced the signing of a definitive merger agreement pursuant to which PacWest will merge with CU Bancorp. Under the terms of the agreement, CU Bancorp shareh ...
9y agoCUNBCU Bancorp Receives 2016 Raymond James Community Bankers CupBusiness WireLOS ANGELES--(BUSINESS WIRE)--CU Bancorp (NASDAQ: CUNB), the parent company of wholly owned California United Bank, today announced that it has been recognized as a recipient of the 2016 Raymond James Community Bankers Cup. This is the second consecutive year CU Bancorp has been honored with this award.
9y agoCUNBCU Bancorp Reports Record Fourth Quarter and Record Annual Net Income for 2016 With Record Quarterly and Annual RevenuesBusiness WireLOS ANGELES--(BUSINESS WIRE)--CU Bancorp (NASDAQ: CUNB), the parent company of wholly owned California United Bank, today reported financial results for the fourth quarter and full year of 2016.
9y agoCUNBCalifornia United Bank’s 9th Annual Golf Tournament Raises $200,000 for Local CharitiesBusiness WireLOS ANGELES--(BUSINESS WIRE)--California United Bank (“CUB” or “the Company”), a subsidiary of CU Bancorp (NASDAQ: CUNB), today announced that the California United Bank 9th Annual Golf Tournament, held September 26, 2016, at the Sherwood Country Club, netted more than $200,000 to be distributed to four local charities.
10y agoCUNBCU Bancorp Reports Third Quarter Earnings of $6.3 MillionBusiness WireLOS ANGELES--(BUSINESS WIRE)--CU Bancorp (NASDAQ: CUNB), the parent company of wholly owned California United Bank, today reported financial results for the third quarter of 2016.
10y agoCUNBFortune Names CU Bancorp to List of 100 Fastest Growing CompaniesBusiness WireLOS ANGELES--(BUSINESS WIRE)--CU Bancorp (Nasdaq: CUNB), the parent company of wholly owned California United Bank, today announced that it has been named to Fortune’s annual Top 100 Fastest-Growing Companies list.
10y agoCUNBCalifornia United Bank Receives “Outstanding” CRA RatingBusiness WireLOS ANGELES--(BUSINESS WIRE)--California United Bank (“CUB” or “the Company”), a subsidiary of CU Bancorp (NASDAQ:CUNB), today announced that it received an “Outstanding” rating – the highest rating possible – from the Federal Deposit Insurance Corporation (FDIC) for its performance under the under the Community Reinvestment Act (CRA).
10y agoCUNBCalifornia United Bank Hires Arthur Bergmann as Senior Vice PresidentBusiness WireLOS ANGELES--(BUSINESS WIRE)--California United Bank (“CUB” or “the Company”), a subsidiary of CU Bancorp (NASDAQ: CUNB), today announced that Arthur Bergmann has joined the Company as a Senior Vice President for the Orange County Commercial Lending Office in Irvine, Calif.
10y agoCUNBCU Bancorp Reports Record Second Quarter Earnings of $6.6 Million Driven by Record Loan Growth and RevenuesBusiness WireLOS ANGELES--(BUSINESS WIRE)--CU Bancorp (NASDAQ: CUNB), the parent company of wholly owned California United Bank, today reported financial results for the second quarter of 2016.
10y agoCUNBCU Bancorp Appoints Robert E. Sjogren as Executive Vice President and Chief Risk OfficerBusiness WireLOS ANGELES--(BUSINESS WIRE)--CU Bancorp (NASDAQ: CUNB) (“CUB” or the “Company”), and its wholly owned subsidiary California United Bank (the “Bank”) today announced that Robert E. Sjogren has been appointed to the newly created position of Executive Vice President and Chief Risk Officer (“CRO”) for the Company and the Bank. As CRO, Sjogren is responsible for overseeing the Company’s risk manageme ...
10y agoCUNBCalifornia United Bank Vice Chairman Ken Cosgrove to Be Honored at 9th Annual Golf Tournament BenefitBusiness WireLOS ANGELES--(BUSINESS WIRE)--California United Bank (“CUB” or “the Company”), a subsidiary of CU Bancorp (NASDAQ: CUNB), today announced that CU Bancorp Director and California United Bank Vice Chairman Kenneth J. Cosgrove will be recognized at the Company’s 9th Annual Golf Tournament benefit as the CUB Community Service Award recipient for 2016. The tournament, to be held on Monday, Sept. 26, 20 ...
10y agoCUNBCU Bancorp Reports Record First Quarter Earnings of $6.3 MillionBusiness WireLOS ANGELES--(BUSINESS WIRE)--CU Bancorp (NASDAQ: CUNB), the parent company of wholly owned California United Bank, today reported financial results for the first quarter of 2016.
10y agoCUNBCU Bancorp Receives 2015 Raymond James Community Bankers CupBusiness WireLOS ANGELES--(BUSINESS WIRE)--CU Bancorp (NASDAQ: CUNB), the parent company of wholly owned California United Bank, today announced that it has been recognized as a recipient of the 2015 Raymond James Community Bankers Cup.
10y agoCUNBCalifornia United Bank Hires David De Filippo as Senior Vice President and Regional ManagerBusiness WireLOS ANGELES--(BUSINESS WIRE)--California United Bank (“CUB” or “the Company”), a subsidiary of CU Bancorp (NASDAQ: CUNB), today announced that David De Filippo has joined the Company as a Senior Vice President and Regional Manager for the Orange County Commercial Lending Office in Irvine, Calif.
10y agoCUNBCU Bancorp Reports Record Annual Net Income for 2015Business WireLOS ANGELES--(BUSINESS WIRE)--CU Bancorp (NASDAQ: CUNB), the parent company of wholly owned California United Bank, today reported financial results for the fourth quarter and full year of 2015.
11y agoCUNBCU Bancorp Reports Record Third Quarter Earnings of $6.3 Million and Diluted Earnings Per Share of $0.35Business WireLOS ANGELES--(BUSINESS WIRE)--CU Bancorp (NASDAQ: CUNB), the parent company of wholly owned California United Bank, today reported financial results for the third quarter of 2015.
11y agoCUNBCU Bancorp Director Roberto Barragan Appointed to Community Advisory Council of the Federal Reserve BoardBusiness WireLOS ANGELES--(BUSINESS WIRE)--The Federal Reserve Board has announced the appointment of Roberto Barragan to its newly-created Community Advisory Council (CAC). Barragan is the President and Chief Executive Officer of the Van Nuys-based Valley Economic Development Corporation (VEDC) and a Founding Director of CU Bancorp (NASDAQ: CUNB), the parent company of wholly owned California United Bank.
11y agoCUNBKaveh Varjavand Elected to CU Bancorp Board of DirectorsBusiness WireLOS ANGELES--(BUSINESS WIRE)--CU Bancorp (NASDAQ: CUNB), the parent company of wholly owned California United Bank, today announced that Kaveh Varjavand has been appointed to serve as a Director of CU Bancorp and its subsidiary, California United Bank, effective September 1, 2015.
11y agoCUNBCU Bancorp Reports Record Second Quarter Earnings of $5.3 Million Driven by Record RevenuesBusiness WireLOS ANGELES--(BUSINESS WIRE)--CU Bancorp (NASDAQ: CUNB), the parent company of wholly owned California United Bank, today reported financial results for the second quarter of 2015.
11y agoCUNBCU Bancorp Reports Record First Quarter Earnings of $4.2 MillionBusiness WireLOS ANGELES--(BUSINESS WIRE)--CU Bancorp (NASDAQ: CUNB), the parent company of wholly owned California United Bank, today reported financial results for the first quarter of 2015.
11y agoCUNBLarry Sallinger Joins California United BankBusiness WireLOS ANGELES--(BUSINESS WIRE)--California United Bank (“CUB” or “the Company”), a subsidiary of CU Bancorp (NASDAQ: CUNB), today announced that Larry A. Sallinger has joined California United Bank as a Senior Vice President in CUB’s Anaheim Regional Office.
11y agoCUNBCalifornia United Bank Hires Charles Singleton III as Senior Vice PresidentBusiness WireLOS ANGELES--(BUSINESS WIRE)--California United Bank (“CUB” or “the Company”), a subsidiary of CU Bancorp (NASDAQ: CUNB), today announced that Charles W. Singleton III has joined the Company as a Senior Vice President in the Inland Empire Regional Office located in Ontario, Calif.
11y agoCUNBCU Bancorp Announces Appointment of David Holman as Lead DirectorBusiness WireLOS ANGELES--(BUSINESS WIRE)--CU Bancorp (Nasdaq: CUNB), the parent company of wholly owned California United Bank, today announced the Company’s Board of Directors has appointed independent director David C. Holman to the newly created position of Lead Director.
11y agoCUNBCU Bancorp Reports 2014 Fourth Quarter and Annual Results Including Record Loan Growth of $98 MillionBusiness WireLOS ANGELES--(BUSINESS WIRE)--CU Bancorp (NASDAQ: CUNB), the parent company of wholly owned California United Bank, today reported financial results for the fourth quarter and full year of 2014.
11y agoCUNBCalifornia United Bank’s 8th Annual Golf Tourney Raises $200,000 for Local CharitiesBusiness WireENCINO, Calif.--(BUSINESS WIRE)--California United Bank (“CUB” or “the Company”), a subsidiary of CU Bancorp (NASDAQ: CUNB), today announced that the California United Bank 8th Annual Golf Tournament, held Sept. 29, 2014, at the Sherwood Country Club, netted more than $200,000 to be distributed to four local charities.
11y agoCUNBCU Bancorp Announces the Completion of the Merger of 1st Enterprise Bank into California United BankBusiness WireENCINO, Calif.--(BUSINESS WIRE)--CU Bancorp (NASDAQ:CUNB) today announced that on November 30, 2014, it completed its previously announced acquisition of 1st Enterprise Bank (OTCQB:FENB) through the merger of 1st Enterprise Bank with and into California United Bank, the wholly-owned subsidiary of CU Bancorp.
11y agoCUNBShareholders of CU Bancorp and 1st Enterprise Bank Approve Merger of 1st Enterprise Bank into California United BankBusiness WireENCINO, Calif.--(BUSINESS WIRE)--CU Bancorp (NASDAQ:CUNB) today announced that at its Annual Meeting of Shareholders held on November 14, 2014 its shareholders approved the Agreement and Plan of Merger dated June 2, 2014, as amended and the merger of 1st Enterprise Bank (OTCQB:FENB) with and into CU Bancorp’s wholly owned subsidiary California United Bank, with California United Bank as the surviv ...
12y agoCUNBCU Bancorp Reports Net Income of $2.55 Million and Record Core Net Income of $3.18 Million for Third Quarter of 2014Business WireENCINO, Calif.--(BUSINESS WIRE)--CU Bancorp (NASDAQ: CUNB), the parent company of wholly owned California United Bank, today reported net income of $2.55 million, or $0.23 per fully diluted share, for the third quarter of 2014, an increase of 2.9% from net income of $2.48 million, or $0.23 per fully diluted share, for the third quarter of 2013. Core net income (defined below) for the third quarter ...
12y agoCUNBCU Bancorp Announces 2014 Annual Shareholders Meeting Date and Record DateBusiness WireLOS ANGELES--(BUSINESS WIRE)--CU Bancorp (Nasdaq: CUNB), the parent bank holding company of California United Bank, announced today that its 2014 Annual Meeting of Shareholders will be held on Friday, November 14, 2014 at 9:00 a.m. Pacific Time, at the Warner Center Marriott Hotel, 21850 Oxnard Street, Woodland Hills, California 91367. The Board of Directors has fixed the close of business on Wedn ...
12y agoCUNBCU Bancorp, California United Bank and 1st Enterprise Bank Announce Receipt of Regulatory Approvals for MergerBusiness WireENCINO, Calif.--(BUSINESS WIRE)--CU Bancorp (NASDAQ: CUNB) and 1st Enterprise Bank (OTCQB: FENB) today announced that they have received all bank regulatory approvals necessary to authorize the merger of 1st Enterprise Bank with California United Bank. Approvals have been received from the Federal Deposit Insurance Corporation and the California Department of Business Oversight, subject to usual a ...
12y agoCUNBCU Bancorp Reports Net Income of $2.4 Million and Core Net Income of $2.9 Million for Second Quarter of 2014 with Loan Growth of 11%Business WireENCINO, Calif.--(BUSINESS WIRE)--CU Bancorp (NASDAQ: CUNB), the parent company of wholly owned California United Bank, today reported net income of $2.4 million for the second quarter of 2014, an increase of 2.8% from net income of $2.3 million for the second quarter of 2013, or $0.21 and $0.22 per fully diluted share, respectively. Core net income (defined below) for the second quarter of 2014 wa ...
12y agoCUNBCalifornia United Bank and 1st Enterprise Bank to MergeBusiness WireLOS ANGELES--(BUSINESS WIRE)--CU Bancorp (NASDAQ:CUNB) ("CUB") the parent of California United Bank and 1st Enterprise Bank (OTCQB:FENB) (“1st Enterprise”) today jointly announced the execution of a definitive agreement and plan of merger (the "Agreement") whereby 1st Enterprise will merge into California United Bank in a transaction valued at approximately $103.4 million. The transaction combines ...
12y agoCUNBCalifornia United Bank to Sponsor Third Annual “Evening of Hope” Gala for SHAWL Women’s HouseBusiness WireENCINO, Calif.--(BUSINESS WIRE)--California United Bank (“CUB” or “the Company”), a subsidiary of CU Bancorp (NASDAQ: CUNB), today announced it will be a title sponsor for the third annual “Evening of Hope: Imagine the Possibilities” gala held by Support for Harbor Area Women’s Lives (SHAWL) on May 22, 2014, at the Point Vicente Interpretive Center in Palos Verdes, Calif.
12y agoCUNBCU Bancorp to Participate in the D.A. Davidson Financial Services Conference on May 13 in DenverBusiness WireENCINO, Calif.--(BUSINESS WIRE)--CU Bancorp (NASDAQ: CUNB), the parent company of wholly owned California United Bank, today announced that members of the Company’s senior management team will be participating in the D.A. Davidson Financial Services Conference on May 13, 2014, in Denver, Colo. David Rainer, Chairman, President and Chief Executive Officer, and Karen Schoenbaum, Executive Vice Presi ...
12y agoCUNBCU Bancorp Reports Net Income of $2.7 Million and Earnings Per Share of $0.24 for First Quarter of 2014Business WireENCINO, Calif.--(BUSINESS WIRE)--CU Bancorp (NASDAQ: CUNB), the parent company of wholly owned California United Bank, today reported net income of $2.7 million, or $0.24 per fully diluted share, for the first quarter of 2014, an increase of 24% from net income of $2.2 million or $0.20 per fully diluted share for the first quarter of 2013.
12y agoCUNBCalifornia United Bank Ranked “Super Premier” for 2013 PerformanceBusiness WireENCINO, Calif.--(BUSINESS WIRE)--California United Bank (“CUB” or “the Company”), a subsidiary of CU Bancorp (NASDAQ: CUNB), today announced it has been designated a “Super Premier” performing bank by The Findley Reports. This designation is awarded to California banks that meet the highest criteria on four performance metrics: growth, return on beginning equity, net operating income as a percenta ...
12y agoCUNBEric Kentor Elected to CU Bancorp Board of DirectorsBusiness WireENCINO, Calif.--(BUSINESS WIRE)--CU Bancorp (NASDAQ: CUNB), the parent company of wholly owned California United Bank, today announced that Eric S. Kentor has been elected to the Boards of Directors of CU Bancorp and its subsidiary, California United Bank effective April 1, 2014.
12y agoCUNBCU Bancorp Reports Record Quarterly and Annual Earnings for Fourth Quarter and Full Year 2013Business WireENCINO, Calif.--(BUSINESS WIRE)--CU Bancorp (NASDAQ: CUNB), the parent company of wholly owned California United Bank, today reported net income of $2.8 million, or $0.26 per fully diluted share, for the fourth quarter of 2013, an increase of 14% from net income of $2.5 million or $0.23 per fully diluted share for the third quarter of 2013, and up 74% from net income of $1.6 million or $0.15 per f ...
12y agoCUNBCalifornia United Bank Senior Vice President Retains Seat on Agoura Hills City CouncilBusiness WireAGOURA HILLS, Calif.--(BUSINESS WIRE)--California United Bank (“CUB” or “the Company”), a subsidiary of CU Bancorp (NASDAQ:CUNB), today announced that Denis Weber, Senior Vice President in Conejo Valley, won his sixth election to retain his twenty-year spot on the City Council of Agoura Hills, and, with it, his rotating position as Mayor of Agoura Hills.
12y agoCUNBCalifornia United Bank’s 7th Annual Golf Tournament Raises $200,000 for Local CharitiesBusiness WireENCINO, 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.
13y agoCUNBStephen Carpenter to Retire from Board of Directors of CU BancorpBusiness WireENCINO, Calif.--(BUSINESS WIRE)--Stephen Carpenter and CU Bancorp (NASDAQ:CUNB) (“CUB”), the parent of California United Bank, today jointly announced that Carpenter will retire from the Board of Directors of CU Bancorp and California United Bank, and his position as Vice Chairman of CU Bancorp, effective December 31, 2013. Mr. Carpenter, who is 73 years old, will become a Director Emeritus of the ...
13y agoCUNBCU Bancorp Reports Record Quarterly Earnings of $0.23 Per Share for Third Quarter of 2013Business WireENCINO, Calif.--(BUSINESS WIRE)--CU Bancorp (NASDAQ: CUNB), the parent company of wholly owned California United Bank, today reported net income of $2.5 million, or $0.23 per fully diluted share, for the third quarter of 2013, compared with net income of $2.3 million or $0.22 per fully diluted share for the second quarter of 2013 and a net loss of $932,000 or $0.10 per fully diluted share, for the ...
13y agoCUNBCalifornia United Bank Executives on Panel at Leadership AcademyBusiness WireFULLERTON, Calif.--(BUSINESS WIRE)--California United Bank (“CUB” or “the Company”), a subsidiary of CU Bancorp (NASDAQ: CUNB), today announced that Stephen Pihl, executive vice president, and three members of his team from CUB’s Anaheim branch—representing four generations of bankers with more than 60 years of experience among them—participated in a panel at the Mihaylo Leadership Academy at the ...
13y agoCUNBCalifornia United Bank Receives “Outstanding” CRA RatingBusiness WireENCINO, Calif.--(BUSINESS WIRE)--California United Bank, the wholly-owned subsidiary of CU Bancorp (NASDAQ: CUNB), today announced that it has received an “Outstanding” Community Reinvestment Act (CRA) rating – the highest possible rating – from the FDIC. The rating is based on the performance of the Bank between May 2010 and June 2013. The Community Reinvestment Act of 1977 was enacted by Congres ...
13y agoCUNBCalifornia United Bank Opens New Irvine OfficeBusiness WireANAHEIM, Calif.--(BUSINESS WIRE)--California United Bank (“CUB” or “the Company”), a subsidiary of CU Bancorp (NASDAQ: CUNB), today announced the opening of its new Orange County office located on the first floor of the Atrium at 19200 Von Karman Ave., Irvine, Calif. The office combines CUB’s former Irvine—Newport branch and the Irvine Loan Production Office.