California United Bank (“CUB” or “the Company”), a subsidiary of CU Bancorp (NASDAQ: CUNB), today announced that David De Filippo has joined the Company as a Senior Vice President and Regional Manager for the Orange County Commercial Lending Office in Irvine, Calif.

“David brings a breadth and depth of experience in delivering banking solutions to middle market companies,” said K. Brian Horton, President of California United Bank and CU Bancorp. “His 20-year banking career has been primarily focused on working with commercial accounts in Orange County and the Inland Empire, areas where CUB believes there are significant opportunities for David to help us expand our delivery of the relationship-based banking services we specialize in.”

Prior to joining CUB, De Filippo was a Regional Vice President in the Commercial Banking Group at Union Bank. Before that he was the manager of Union Bank’s Southern California Business Banking Group covering Orange County, Los Angeles and the Inland Empire. Prior to that, he was with Comerica Bank and Wells Fargo Bank. De Filippo has more than 20 years of banking experience.

De Filippo is active in the community and is a currently a member of the Board of Directors of the Executive Council of the Mihaylo School of Business and Economics at California State University, Fullerton. He has also served as Vice President and Treasurer for the Board of Directors of Goodwill Industries of Orange County and as a member of the Board of Directors of the Central Orange Coast YMCA.

He is a graduate of the California State University, Fullerton and the Pacific Coast Banking School.

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, 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.