Menu
Montecito
Pac Premier
Giving Guide
Loading...
You are here:  Home  >  'California United Bank'
Latest

PacWest Bancorp acquires CU Bancorp in $705 million deal

By   /  Friday, April 7th, 2017  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on PacWest Bancorp acquires CU Bancorp in $705 million deal

PacWest Bancorp has acquired CU Bancorp in a transaction valued at approximately $705 million. CU Bancorp, headquartered in Los Angeles, is the parent of California United Bank, which has branches in Thousand Oaks and Simi Valley. The bank has about $3 billion in assets and nine branches in Los Angeles, Orange, Ventura and San Bernardino Read More →

Read More →
Latest

Cal Oaks merger closes

By   /  Monday, January 3rd, 2011  /  Banking & Finance, Banking Industry, Latest news, Top Stories  /  Comments Off on Cal Oaks merger closes

Encino-based California United Bank completed its $17.2 million acquisition of Thousand Oaks-based California Oaks State Bank on Dec. 31. Cal Oaks shareholders will receive compensation of $11.35 per share, half in cash and half in shares of California United common stock, the banks announced Jan. 3.

Read More →
Latest

Cal Oaks merger nears close

By   /  Friday, December 10th, 2010  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on Cal Oaks merger nears close

Shareholders of both California United Bank and California Oaks State Bank gave the final go-ahead for the merger of the two institutions on Dec. 9

Read More →
Latest

Cal Oaks merger gets federal OK

By   /  Wednesday, November 24th, 2010  /  Banking Industry, Latest news  /  Comments Off on Cal Oaks merger gets federal OK

Thousand Oaks-based California Oaks State Bank and Encinco-based California United Bank said Nov. 24 that they’ve received the green light from federal banking regulators to complete their proposed acquisition deal.

Read More →