Latest California United Bk (CUNB) Headlines
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CU Bancorp Reports Record Quarterly and Annual Earnings for Fourth Quarter and Full Year 2013
Business Wire - Wed Feb 05, 8:05AM CST
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 fully diluted share, for the fourth quarter of 2012.
California United Bank Senior Vice President Retains Seat on Agoura Hills City Council
Business Wire - Mon Dec 23, 8:05AM CST
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.
California United Bank's 7th Annual Golf Tournament Raises $200,000 for Local Charities
Business Wire - Wed Dec 11, 8:00AM CST
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.
Stephen Carpenter to Retire from Board of Directors of CU Bancorp
Business Wire - Thu Nov 07, 8:05AM CST
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 Company.
CU Bancorp Reports Record Quarterly Earnings of $0.23 Per Share for Third Quarter of 2013
Business Wire - Fri Oct 25, 8:05AM CDT
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 third quarter of 2012, which included $2.5 million of merger-related expenses associated with the acquisition of Premier Commercial Bancorp and its subsidiary Premier Commercial Bank, N.A. ("PCB").
California United Bank Executives on Panel at Leadership Academy
Business Wire - Mon Sep 16, 3:05PM CDT
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 Mihaylo College of Business and Economics (MCBE) at California State University Fullerton (CSUF), on Sept. 5, 2013. Pihl's team presented an in-depth look at the importance of mentoring in the workplace and offered students insights based on team members' first-hand experiences as mentors and mentees.
California United Bank Receives "Outstanding" CRA Rating
Business Wire - Tue Aug 27, 7:00AM CDT
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 Congress to encourage financial institutions to meet the credit needs of the communities in which they operate.
California United Bank Opens New Irvine Office
Business Wire - Mon Aug 26, 8:05AM CDT
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.
California United Bank Continues Support of SHAWL Women's House
Business Wire - Wed Aug 14, 8:05AM CDT
California United Bank ("CUB" or "the Company"), a subsidiary of CU Bancorp (NASDAQ: CUNB), today announced the continuation of its support of SHAWL Women's House in San Pedro. SHAWL (Support for Harbor Area Women's Lives) Women's House provides comprehensive services to homeless women who are affected by drugs and alcohol addiction, and physical and emotional abuse. In addition to funding the development of SHAWL's new website, CUB will be the primary sponsor of SHAWL's second annual "Evening of Hope" Gala to take place Sept. 20, 2013. CUB Senior Vice President of Human Resources Emily Hamilton will also continue as SHAWL Board President, a position she accepted after spearheading the effort to create SHAWL's first "Evening of Hope" Gala in 2012.
CU Bancorp Reports Record Quarterly Earnings of $0.22 Per Share for Second Quarter of 2013
Business Wire - Tue Jul 30, 8:05AM CDT
CU Bancorp (NASDAQ: CUNB), the parent company of wholly owned California United Bank, today reported net income of $2.3 million, or $0.22 per fully diluted share, for the second quarter of 2013, an increase of 342% from net income of $525 thousand, or $0.08 per fully diluted share, for the second quarter of 2012.
California United Bank's Orange County Commercial Banking Team Names New Manager
Business Wire - Thu Jul 25, 8:05AM CDT
California United Bank ("CUB" or "the Company"), a subsidiary of CU Bancorp (NASDAQ: CUNB), today announced that Mr. David Caples has been promoted to Senior Vice President, Commercial Banking, covering Orange County and leading a team of five commercial bankers. Mr. Caples, whose banking career has spanned more than three decades, joined CUB at the beginning of 2012 and quickly established himself as a leader.
California United Bank South Bay Commercial Banking Team Expands
Business Wire - Mon Jul 15, 8:05AM CDT
California United Bank ("CUB" or "the Company"), a subsidiary of CU Bancorp (NASDAQ: CUNB), today announced that Mr. Brian M. Ishida has joined the company as Senior Vice President, Commercial Banking, covering the South Bay. Mr. Ishida's extensive track record of success includes being an integral part of establishing and solidifying the South Bay region for his former employer. In his most recent role as First Vice President and Senior Loan and Credit Officer, Mr. Ishida served on the bank's senior loan committee while also maintaining his relationships with clients.
California United Bank Manager Joins Anaheim Family YMCA Board of Directors
Business Wire - Thu Jun 20, 8:05AM CDT
California United Bank ("CUB" or "the Company"), a subsidiary of CU Bancorp (NASDAQ: CUNB), today announced Steve Corona, Commercial Lending Manager of CUB's Anaheim branch, has been appointed to the Board of Directors at the Anaheim Family YMCA.
CU Bancorp on Preliminary List of Additions to Russell Indexes
Business Wire - Mon Jun 17, 7:00AM CDT
CU Bancorp (NASDAQ: CUNB), the parent company of wholly owned California United Bank, today announced that it was included on a preliminary list of additions to the Russell Global Index, the U.S. broad-market Russell 3000 Index, and the Russell Microcap Index, according to information posted by Russell Investments on June 14, 2013. The final list of additions to the indexes will be released on July 1, 2013 with trading in the reconstituted indexes commencing that same day.
California United Bank Helps Hansen Engineering Emerge as Industry Leader
Business Wire - Mon Jun 10, 8:05AM CDT
California United Bank ("CUB" or "the Company"), a subsidiary of CU Bancorp (NASDAQ: CUNB), today announced the expansion of their banking relationship with Hansen Engineering, a leading parts manufacturer for commercial and military airplanes.
California United Bank Adds Experienced Lender to SBA Team
Business Wire - Wed May 22, 8:05AM CDT
California United Bank ("CUB" or "the Company"), a subsidiary of CU Bancorp (NASDAQ: CUNB), today announced that Dane Pastorius has joined the company as VP, SBA Business Development Officer, covering the Thousand Oaks, Santa Clarita and Simi Valley offices. Dane joins CUB's SBA team that includes Andy Weaver, SVP and Carlo de Lucia, SVP who handle the Los Angeles metro and Orange County regions, respectively. California United Bank has Preferred Lenders Program ("PLP") participant status with the U.S. Small Business Administration ("SBA").
California United Bank's COO to Join Panel Assisting Orange County Businesses
Business Wire - Wed May 15, 8:05AM CDT
California United Bank ("CUB" or "the Company"), a subsidiary of CU Bancorp (NASDAQ:CUNB), today announced that Chief Operating Officer and Chief Credit Officer, Anne Williams, will take part in the Risk Management Association's "Meet the Credit Officers.... What Are They Looking For Now" panel to take place at the Pacific Club in Newport Beach, CA on May 29th.
The Zacks Analyst Blog Highlights: SLM, Higher One Holdings, Preferred Bank, CU Bancorp and Dow Chemical
PR Newswire - Fri May 10, 8:30AM CDT
Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include SLM Corporation (Nasdaq:SLM), Higher One Holdings, Inc. (NYSE:ONE), Preferred Bank (NasdaqFBC), CU Bancorp (Nasdaq:CUNB) and The Dow Chemical Company (NYSEOW).
California United Bank VP Named to Board of Directors at Boys & Girls Club of West Valley
Business Wire - Fri May 10, 8:05AM CDT
California United Bank ("CUB" or "the Company"), a subsidiary of CU Bancorp (NASDAQ: CUNB), today announced that Jonathan Perez, Vice President of Commercial Lending, has been named to the Board of Directors of the Boys & Girls Club of West Valley. At 29 years old, Perez becomes one of the youngest board members in the history of the Boys & Girls Club of West Valley.
Wells Fargo Hits New 52-Week High - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu May 09, 4:40PM CDT
Shares of Wells Fargo achieved a new 52-week high, touching $38.67 on May 8.