CommerceWest Bank Recognized as One of "America’s Best Regional Banks and Credit Unions 2024" by Newsweek

(Graphic: Business Wire)

IRVINE, Calif., December 22, 2023--(BUSINESS WIRE)--CommerceWest Bank (OTCQX:CWBK) was recognized as one of "America’s Best Regional Banks and Credit Unions 2024" by Newsweek. The study, which analyzed over 9,000 regional banks and credit unions across the United States, awarded only the top 250 banks. To receive one of the top designations, banks and credit unions must first meet scoring criteria that look at stability, profitability, risk exposure during uncertain times, and the overall health of the institution.

Mr. Ivo A. Tjan, CEO of CommerceWest Bank, said, "It is an honor to be selected as an organization that is deeply rooted in California’s local entrepreneurial economy. Understanding the unique needs of the small to medium size businesses we serve and providing personalized services, has developed deep and lasting relationships, despite these uncertain financial times." He continued, "In an era where digital advancements overshadow personalized service, CommerceWest Bank remains focused on the businesses, business owners and communities we serve. Our company looks forward to continuing to expand our footprint and client base in 2024."

CommerceWest Bank is determined to redefine banking for small and medium sized businesses by delivering on customized products and services. Founded in 2001 and headquartered in Irvine, California, the Bank serves businesses throughout the state of California with our digital banking platform. By employing a strategically selected team of experienced professionals, we will provide flexibility, create a complete, safe and sound banking experience for each client. We provide a wide range of commercial banking services, including remote deposit solution, NetBanker online banking, mobile banking, lines of credit, M&A / working capital loans, commercial real estate loans, SBA loans and treasury management services.

Mission Statement: CommerceWest Bank will create a complete banking experience for each client, catering to businesses and their specific banking needs, while accommodating our clients and providing them high-quality, low stress and personally tailored banking and financial services.

Please visit www.cwbk.com to learn more about the bank. "BANK ON THE DIFFERENCE"

View source version on businesswire.com: https://www.businesswire.com/news/home/20231222172296/en/

Contacts

CommerceWest Bank Contact:
Ivo A. Tjan, CEO
Leeann M. Cochran, CFO
Telephone: (866) 521-CWBK
E-mail: InvestorRelations@cwbk.com
Website: www.cwbk.com