CommerceWest Bank Ranked 3rd Most Profitable Orange County, CA Based Bank
18 10월 2008 - 7:47AM
Marketwired
CommerceWest Bank (OTCBB: CWBK) was ranked the 3rd most profitable
Orange County based Bank out of 25 banks according to the Orange
County Business Journal in the October Edition. CommerceWest has
also been rated as a "5 Star Rated Bank" by Bankrate.com,
BauerFinancial, and received a Premier rating from Findley Reports.
"We have been very diligent when it comes to looking out for the
assets of both our clients and shareholders, by sacrificing
short-term gains for long-term financial strength. We are not only
positioned to be in this business for the long haul, we are
committed to taking care of our current and future client needs.
With the economic headwinds in our industry, we are pleased to
announce that it is business as usual. We're attracting more
clients and invite other businesses in Southern California to
experience 'bank on the difference,'" said Ivo A. Tjan, Chairman
and CEO.
Since its inception, CommerceWest Bank has weathered some
turbulent market conditions. And while these are troubled times for
some, without ties to the mortgage or construction arenas it is
business as usual. By adhering to our original strategy, we have
avoided the pitfalls that are now plaguing other financial
institutions. In a climate when other companies are downsizing, we
are expanding both in terms of personnel and geographic markets, a
distinctive accomplishment amid today's market turmoil.
CommerceWest Bank is headquartered at 2111 Business Center Drive
in Irvine, CA, with Regional Offices in Orange County at 4685
MacArthur Court in Newport Beach, CA, in the Inland Empire at 1611
Pomona Road in Corona, CA, in South Los Angeles at 19300 South
Hamilton Avenue in Gardena, CA. We offer a wide range of commercial
banking services, including concierge services, remote deposit
solution, full-service internet banking, lines of credit, term
loans, commercial real estate lending, SBA lending, full cash
management and treasury management.
Mission Statement: CommerceWest Bank will create a complete
banking experience for each client, catering to businesses and
their specific banking needs, while accommodating our clients and
providing them high-quality, low stress and personally tailored
banking and financial services.
Please visit www.cwbk.com to learn more about the bank. "BANK ON
THE DIFFERENCE"
Statements concerning future performance, developments or
events, expectations for growth and income forecasts, and any other
guidance on future periods, constitute forward-looking statements
that are subject to a number of risks and uncertainties. Actual
results may differ materially from stated expectations. Specific
factors include, but are not limited to, loan production, balance
sheet management, expanded net interest margin, the ability to
control costs and expenses, interest rate changes, financial
policies of the United States government and general economic
conditions. The Company disclaims any obligation to update any such
factors or to publicly announce the results of any revisions to any
forward-looking statements contained in this release to reflect
future events or developments.
Bank Contact CommerceWest Bank, N.A. Mr. Ivo A. Tjan CEO
Telephone: (949) 251-6959 Facsimile: (949) 251-6957 Email: Email
Contact Website: www.cwbk.com "Bank on the Difference"
CW Bancorp (QX) (USOTC:CWBK)
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CW Bancorp (QX) (USOTC:CWBK)
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