Community West Bank Moves its Santa Maria Full Service Branch Office to New Location

GOLETA, Calif., Jan. 17, 2017 -- Community West Bancshares, (NASDAQ:CWBC), parent company of Community West Bank, today announced the opening of its full-service Santa Maria branch office at 122 East Betteravia.  The new branch office replaces the Santa Maria branch office at 2615 South Miller Street, which is now closed.   

“We’re really pleased to serve our Santa Maria customers at this beautiful new office,” said Bill Filippin, Executive Vice President and Chief Banking Officer.  “It’s a much more convenient location on Betteravia Road near South Broadway, and emphasizes our commitment to providing responsive community banking service to Santa Maria and throughout northern Santa Barbara County.”

“Community West Bank first opened a Santa Maria branch office in 2005, and it’s nice to see us move to a much higher profile location,” said Martin E. Plourd, President and Chief Executive Officer.  “We see customer demand growing for the flexible service that a strong locally owned and operated community bank provides, and we are expanding throughout the Central Coast.  Community West Bank just opened our first full-service San Luis Obispo branch office in November and will open an Oxnard branch office on January 30.”

An experienced team of business bankers, led by Jason Bietz, Senior Vice President and Regional Market Manager, provides a complete range of financial services at the Santa Maria branch, with a focus on commercial lending and deposit services, agribusiness financing and cash management services. 

About Community West Bank
Founded in 1989, Community West Bank has grown to $665 million in assets, with six full-service banking branch offices in Goleta, San Luis Obispo, Santa Barbara, Santa Maria, Ventura and Westlake Village.  A new full-service branch office will open in Oxnard in January 2017.  Community West Bank is a wholly owned subsidiary of Community West Bancshares (NASDAQ:CWBC), a financial services company with headquarters in Goleta, California.  In September 2016, Community West Bank was named to Sandler O’Neill and Partners Bank and Thrift Sm-All Stars – Class of 2016.  This award recognized Community West Bank as one of the top 27 best performing small capitalization institutions from a list of publicly traded banks and thrifts in the U.S. with market capitalizations less than $2.5 billion.  In making their selections, Sandler focused on growth, profitability, credit quality and capital strength. For more information, visit www.CommunityWestBank.com.

Safe Harbor Disclosure
This release contains forward-looking statements that reflect management’s current views of future events and operations.  These forward-looking statements are based on information currently available to the Company as of the date of this release.  It is important to note that these forward-looking statements are not guarantees of future performance and involve risks and uncertainties, including, but not limited to, the ability of the Company to implement its strategy and expand its lending operations.

Contact: Martin E. Plourd, President and CEO
(805) 692-4382