Tuesday, June 9, 2015
CU Bancorp: A Community-based Commercial Bank
Earning the trust of its investors and depositors, CU Bancorp continues to conduct its banking services through its subsidiary, the California United Bank. The company’s financial strength, its commitment to the financial success of its partners and its capacity to deliver their products and services through world-class customer service remain to be just a few of the selling points of the company.
It was in 2005 that the business got established. Despite its newness in the competition, the company now stands as one of the leading edge community-based commercial banks. The focus markets of CU Bancorp are those small and medium businesses. They also cater to the needs of those non-profit organizations, business owners and entrepreneurs, individual depositors and the professional community. They also cater to the financial needs of those high-net worth individuals. They offer a wide range of products and services and their deposits are insured by the Federal Deposit Insurance Corporation (FDIC).
The company’s operations are focused on the metropolitan areas of Los Angeles, Orange County and Ventura. There are currently 8 banking offices that the company owns and operates. Through these offices, the company offers their savings and deposit products, which remain to be the source of their funds to continue their lending services. Additionally, the company also offers online banking, mobile banking, telephone banking, cash management services and other business-oriented products. CU Bancorp continues to offer attractive loans that come with competitive interest rates. They also remain to be highly negotiable when it comes to the payment terms and other financial agreements.
It is in Encino, California that the company’s headquarters is located. As a financial institution, the company continues to trade publicly on the NASDAQ, using the ticker symbol CUNB. It is also one of the components of the Wilshire 5000 Index. Registered as a community bank, CU Bancorp continues to actively give back to the communities it thrives in.
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CU Bancorp
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