Executives See Broader Reach
Community West Bank CEO James J. Kim said the transaction would forge “a more robust and more visible banking franchise,” emphasizing deeper expertise, broader resources and an expanded ability to support businesses, families and communities.
United Security Bank CEO Dennis R. Woods struck a similar note, saying the merger enhances the bank’s capacity to serve customers “with greater scale, expanded lending capacity and broader market reach.”
Legal Counsel on Both Sides
Community West Bancshares is represented in the transaction by Christian Otteson of Otteson Shapiro LLP, while Ken Moore of Stuart Moore Staub is advising United Security Bancshares.
If approved, the Community West and United Security Bank Mergerr would mark one of the more significant regional banking combinations in Northern California in recent years, stitching together local roots into a larger financial fabric designed to compete on a broader stage.
