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 July 01, 2020 to shareholders of document on June 12, 2020.
CommerceWest Bank is a California primarily based full service business bank with a singular imaginative and prescient and tradition of focusing solely 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 resolution, on-line banking, cellular banking, traces of credit score, working capital loans, business actual property loans, SBA loans, and treasury administration companies.
Mission Assertion: CommerceWest Bank will create a whole banking expertise for every consumer, 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 progress and revenue forecasts, and another steering on future durations, represent forward-looking statements which are topic to a variety of dangers and uncertainties. Precise outcomes may differ materially from said expectations. Particular components embody, however are usually not restricted to, loan manufacturing, steadiness sheet administration, expanded internet curiosity margin, the flexibility to manage prices and bills, rate of interest adjustments, monetary insurance policies of america 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.