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CU Bancorp : California United Bank's Orange County Commercial Banking Team Names New Manager

07/25/2013 | 09:10am US/Eastern

After only 18 months at CUB, Mr. David Caples promoted to Senior Vice President

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.

"In his relatively short time at CUB, David has made significant contributions to the Orange County team and the overall company," noted CUB Executive Vice President, Steve Pihl. "When the opportunity arose to name the new team leader, David was the obvious choice."

Mr. Caples, a longtime Orange County resident, commented, "It has been so refreshing seeing CUB's Management Team lead such a sophisticated bank while maintaining complete focus on doing the right thing for the customer. It is truly an honor to be recognized by them."

About CU Bancorp and California United Bank

CU Bancorp is the parent of California United Bank which was founded in 2005 and is the largest independent bank headquartered in the San Fernando Valley. 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 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'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 Bank's Web site at www.cunb.com.

Torrey Pines Marketing
Troy Morrison, (619) 723-8232

© Business Wire 2013
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