California United Bank Names David Peskin as Senior VP of Commercial Banking (OTCBB:CUNB)

ENCINO, Calif.–(BUSINESS WIRE)–California United Bank (OTCBB:CUNB) today announced the addition of David Peskin as Senior Vice President, Commercial Banking.

“We continue to add high-quality, senior-level people as we support CUB’s ongoing growth, and David Peskin is another important part of our growing team”

Mr. Peskin will be based in the West Los Angeles office and assist in continuing to provide quality service to our existing clientele while fostering new relationships throughout the region.

“We continue to add high-quality, senior-level people as we support CUB’s ongoing growth, and David Peskin is another important part of our growing team,” said David Rainer, California United Bank’s Chairman, President and CEO. “His 21 years of experience managing commercial banking relationships throughout Los Angeles will prove to be a tremendous asset as we distinguish ourselves within our market.”

Mr. Peskin is the latest in a series of recent additions to support the Bank’s expansions into the Santa Monica and San Gabriel Valley markets. In 2009, the Bank added regional managers to its Encino office and newly formed South Bay Commercial Center.

Mr. Peskin joins California United Bank from First Regional Bank in Los Angeles, where he was Senior Vice President from 2002 to 2010. From 1993 to 2002, he was Vice President, and later Senior Vice President, for both Western Bancorp and U.S. Bank in Santa Monica. From 1989 to 1993, he served as Vice President of Bank of Industry, which was acquired by Comerica Bank, in Encino.

About the Bank

California United Bank provides a full range of financial services, including credit and deposit products, cash management, and Internet banking for businesses and high net worth individuals. The Bank operates from its headquarters office at 15821 Ventura Boulevard, Suite 100, Encino, CA 91436; West Los Angeles Regional Office at 1640 South Sepulveda Boulevard, Suite 114, Los Angeles, CA 90025; Santa Clarita Valley Regional Office at 25350 Magic Mountain Parkway, Suite 100, Valencia, CA 91355; Conejo Valley Loan Production Office at 4333 Park Terrace Drive, Suite 215, Westlake Village, CA 91361 and South Bay Loan Production Office at 1025 W. 190th Street, Suite 225, Gardena, CA 90248. Information on products and services may be obtained by calling (818) 257-7700 or visiting the Bank’s website at www.californiaunitedbank.com.