California United Bank Raises $315,000 for Local Charities

Updated

California United Bank Raises $315,000 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 Company's 6th Annual Golf Tournament held in October raised $315,000 that will be distributed to local charities. The proceeds from the fundraiser will be equally distributed to the Boys & Girls Club of the West Valley, Casa Pacifica and Easter Seals Disability Services of Southern California.

David I. Rainer, Chairman, President and Chief Executive Officer of California United Bank and CU Bancorp, said, "We are thrilled with the results of our 6th Annual Golf Tournament, which represented the largest amount of money raised for local charities in the history of this event. Over the past six years, our annual golf tournament has now raised more than $1 million for local charities. One of our core missions is to give back to the communities we serve by supporting local charitable organizations. The Boys & Girls Club of the West Valley, Casa Pacifica, and Easter Seals Disability Services of Southern California are all outstanding organizations that enhance the lives of thousands of needy children each year and we are so proud to support their efforts. We would like to sincerely thank all of the participants, sponsors and donors for their generosity, as well as the entire CUB team for their efforts in making this such a successful event."


About The Boys & Girls Club of the West Valley

The Boys & Girls Club of the West Valley was founded in 1992 to meet the local need for safe, healthy, and productive activities for children during non-school hours. There are more than 3,100 members of the Club. Approximately 150 youngsters visit the Main Clubhouse in Canoga Park each day in addition to more than 550 children engaged in after-school activities at the Club's five school sites: Blythe, Reseda, and Topeka Drive Elementary Schools; Canoga Park High School; and the affordable housing community of Tierra del Sol.

About Casa Pacifica

Casa Pacifica meets kids and families at the most challenging times of their lives and helps them overcome some of life's most difficult circumstances. Headquartered on a rural 24-acre campus five miles from the Pacific Ocean, Casa Pacifica serves abused and neglected children and adolescents, and those with severe emotional, social, behavioral, and mental health challenges. Offices in Santa Maria, Santa Barbara, and Camarillo house community-based staff that delivers services in-homes and in-the-community. Casa Pacifica works with more than 4,000 of the region's most vulnerable, yet valuable children and their families annually.

About Easter Seals Disability Services of Southern California

Easter Seals has been helping individuals with disabilities and special needs, and their families, live better lives for more than 90 years. Whether helping someone simply gain greater independence for everyday living, or secure employment, Easter Seals offers a variety of services to help people with disabilities address life's challenges and achieve personal goals. Easter Seals Southern California serves more than 2,000 adults and children with disabilities and their families annually through 70 offices and services sites.

About CU Bancorp and California United Bank

CU Bancorp is the parent of California United Bank, which recently celebrated the seventh anniversary of its opening. 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 high net worth individuals 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 and California United Bank's most recent financial information, please visit the Investor Relations section of the Bank'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.



Financial Profiles, Inc.
Tricia Ross
916.939.7285
tross@finprofiles.com

KEYWORDS: United States North America California

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