California United Bank (“CUB” or “the Company”), a subsidiary of CU Bancorp (NASDAQ: CUNB), today announced that Larry A. Sallinger has joined California United Bank as a Senior Vice President in CUB’s Anaheim Regional Office.

Sallinger was a founder and the CEO of Orange Community Bancorp and Orange Community Bank in 2000, which merged with Grandpoint Capital, Inc., and its subsidiary, Grandpoint Bank, respectively, in 2011. After the merger, Sallinger served as Executive Vice President and Vice Chair of Grandpoint Bank.

“Larry Sallinger is one of the most experienced and respected bankers in Southern California and we are delighted to have him join us at CUB,” said David Rainer, Chairman and CEO of California United Bank and CU Bancorp.

“Having Larry in our Anaheim office, with his vast knowledge of—and strong connections to—the Orange County business community, complements our strategy to advance our presence in that market,” said K. Brian Horton, President of California United Bank and CU Bancorp. “He shares our commitment to delivering outstanding customer service through relationship-based, commercial banking and we are very excited to have him join us.”

Before founding Orange Community Bank, Sallinger was Senior Vice President and Branch Administrator of Orange National Bank, where he was also a member of the Executive Management Committee. He has held management and loan administration positions at a variety of banks, primarily in Orange County, in a distinguished banking career that spans 50 years.

During his career Sallinger has been actively involved in a number of professional, civic and nonprofit organizations, including the City of Orange Investment Advisory Board, City of Orange Public Library Foundation, Orange Chamber of Commerce Accreditation Committee, Orange Rotary Club and California Independent Bankers.

He received his undergraduate degree from Nebraska Teachers College and attended the Pacific Coast Banking School at the University of Washington and the National Compliance School at the University of Oklahoma.

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, Los Angeles, South Bay, Orange County 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.