IRVINE, Calif.–(BUSINESS WIRE)–CommerceWest Bank (OTCBB: CWBK) introduced the approval of a quarterly cash dividend by its Board of Administrators. The Board of Administrators declared a cash dividend of $0.20 per frequent share, payable October 01, 2020 to shareholders of document on September 11, 2020.
CommerceWest Bank is a California based mostly full service business bank with a novel imaginative and prescient and tradition of focusing completely on the enterprise neighborhood. Based in 2001 and headquartered in Irvine, California. The Bank serves companies all through the state with an emphasis on purchasers in Orange County, San Diego, Los Angeles, and Riverside Counties. We’re a full service enterprise bank and supply a variety of business banking companies, together with distant deposit answer, on-line banking, cellular banking, strains of credit score, working capital loans, business actual property loans, SBA loans, and treasury administration companies.
Mission Assertion: CommerceWest Bank will create an entire banking expertise for every shopper, catering to companies and their particular banking wants, whereas accommodating our purchasers and offering them high-quality, low stress and personally tailor-made banking and monetary companies.
Please go to www.cwbk.com to be taught extra in regards to the bank. “BANK ON THE DIFFERENCE”
Statements regarding future efficiency, developments or occasions, expectations for development and revenue forecasts, and some other steering on future durations, represent forward-looking statements which are topic to quite a lot of dangers and uncertainties. Precise outcomes may differ materially from acknowledged expectations. Particular components embrace, however aren’t restricted to, loan manufacturing, stability sheet administration, expanded web curiosity margin, the power to regulate prices and bills, rate of interest modifications, monetary insurance policies of the USA authorities and basic financial situations. The Firm disclaims any obligation to replace any such components or to publicly announce the outcomes of any revisions to any forward-looking statements contained on this launch to mirror future occasions or developments.