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CW Bancorp Relocating Corporate Headquarters in Irvine, California

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CW Bancorp (OTCQX: CWBK) announced its corporate headquarters relocation to 2445 McCabe Way, Irvine, California, effective June 1, 2021. Chairman and CEO Ivo Tjan emphasized that the new office enables future growth, particularly as some banks exit the California market. CommerceWest Bank focuses on the business community, providing various banking services. Tjan asserts a commitment to proving their reliability to clients, expressing optimism about the company's future.

Positive
  • Relocation to a larger and more accommodating corporate office for future growth.
  • Commitment to staying in the California market amid other banks leaving.
Negative
  • None.

CW Bancorp (OTCQX: CWBK) the parent company (“the Company”) of CommerceWest Bank (the “Bank”) announced the relocation of the Corporate Headquarters to 2445 McCabe Way in Irvine, California on June 1, 2021.

CommerceWest Bank New Corporate Headquarters (Photo: Business Wire)

CommerceWest Bank New Corporate Headquarters (Photo: Business Wire)

Mr. Ivo Tjan, Chairman and CEO said, “Our new corporate office is larger and in a facility that will accommodate our growth for many years to come. While some Banks are leaving the California marketplace or relocating their headquarters, we remain fully committed to our community.”

Mr. Tjan continued, “These are exciting times for our company, our team and our shareholders. Our future is bright. Our goals are clear. We know that it is more important than ever to be able to count on your banking partner and we plan to continue to prove to the business community who the Best Bankers are in the universe!”

CommerceWest Bank is a California based full-service business bank with a unique vision and culture of focusing exclusively on the business community by delivering on customized products and services. Founded in 2001 and headquartered in Irvine, California, the Bank serves businesses throughout the state of California. We provide a wide range of commercial banking services, including, remote deposit solution, online banking, mobile banking, lines of credit, M&A / working capital loans, commercial real estate loans, SBA loans and treasury management services.

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.

FAQ

What is the new address for CW Bancorp headquarters?

CW Bancorp's new headquarters is located at 2445 McCabe Way, Irvine, California.

When did CW Bancorp relocate its corporate headquarters?

CW Bancorp relocated its corporate headquarters on June 1, 2021.

What services does CommerceWest Bank offer?

CommerceWest Bank offers various commercial banking services, including remote deposit, online banking, lines of credit, and SBA loans.

Who is the CEO of CW Bancorp?

The CEO of CW Bancorp is Ivo Tjan.

How does CW Bancorp differentiate itself in the banking industry?

CW Bancorp focuses exclusively on the business community, providing customized banking products and services.

CW BANCORP

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Banks - Regional
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United States of America
Irvine