CW Bancorp Relocating Corporate Headquarters in Irvine, California

CW Bancorp (OTCQX: CWBK) the parent company (“the Company”) of CommerceWest Bank (the “Bank”) announced the relocation of the Corporate Headquarters to 2445 McCabe Way in Irvine, California on June 1, 2021.

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CommerceWest Bank New Corporate Headquarters (Photo: Business Wire)

Mr. Ivo Tjan, Chairman and CEO said, “Our new corporate office is larger and in a facility that will accommodate our growth for many years to come. While some Banks are leaving the California marketplace or relocating their headquarters, we remain fully committed to our community.”

Mr. Tjan continued, “These are exciting times for our company, our team and our shareholders. Our future is bright. Our goals are clear. We know that it is more important than ever to be able to count on your banking partner and we plan to continue to prove to the business community who the Best Bankers are in the universe!”

CommerceWest Bank is a California based full-service business bank with a unique vision and culture of focusing exclusively on the business community by delivering on customized products and services. Founded in 2001 and headquartered in Irvine, California, the Bank serves businesses throughout the state of California. We provide a wide range of commercial banking services, including, remote deposit solution, online banking, mobile banking, lines of credit, M&A / working capital loans, commercial real estate loans, SBA loans and treasury management services.

Mission Statement: CommerceWest Bank will create a complete banking experience for each client, catering to businesses and their specific banking needs, while accommodating our clients and providing them high-quality, low stress and personally tailored banking and financial services.

Please visit www.cwbk.com to learn more about the bank. “BANK ON THE DIFFERENCE”

Statements concerning future performance, developments or events, expectations for growth and income forecasts, and any other guidance on future periods, constitute forward-looking statements that are subject to a number of risks and uncertainties. Actual results may differ materially from stated expectations. Specific factors include, but are not limited to, loan production, balance sheet management, expanded net interest margin, the ability to control costs and expenses, interest rate changes, financial policies of the United States government and general economic conditions. The Company disclaims any obligation to update any such factors or to publicly announce the results of any revisions to any forward-looking statements contained in this release to reflect future events or developments.

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