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.

"I’m very pleased to announce that the proceeds from this year’s annual golf tournament once again exceeded $200 thousand," said David Rainer, Chairman and CEO of California United Bank. "From our founding almost 10 years ago, a key component of our mission has been to be a positive, enriching influence in our community and I’m proud to report that our annual golf tournament has raised a total of more than $1.4 million for local charitable organizations over the last eight years. We owe the success of this event to the generous support of friends, business associates and tournament participants, as well as the dedication of CUB volunteers."

Paul Reitzin was honored at the event as this year’s recipient of the CUB Community Service Award. His supporters 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 Choose to Make a Difference" campaign.

This year’s proceeds will benefit the Boys & Girls Club of the West Valley, Casa Pacifica, Western Youth Services and SHAWL (Support for Harbor Area Women’s Lives).

About CU Bancorp and California United Bank

CU Bancorp is the parent of California United Bank. Founded in 2005, 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 its headquarters office in Downtown Los Angeles and additional full service offices in the San Fernando Valley, the Santa Clarita Valley, the Conejo Valley, Simi Valley, West Los Angeles, Irvine, South Bay, Orange County, Irvine/Newport Beach and the Inland Empire. California United Bank is an SBA Preferred Lender. 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 Company’s Web site at www.cunb.com.