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