California United Bank Adds Experienced Lender to SBA Team

California United Bank Adds Experienced Lender to SBA Team

Dane Pastorius brings 20 years of experience in lending to CUB’s north Los Angeles offices

ENCINO, Calif.--(BUSINESS WIRE)-- California United Bank (“CUB” or “the Company”), a subsidiary of CU Bancorp (Nasdaq: CUNB  ) , today announced that Dane Pastorius has joined the company as VP, SBA Business Development Officer, covering the Thousand Oaks, Santa Clarita and Simi Valley offices. Dane joins CUB’s SBA team that includes Andy Weaver, SVP and Carlo de Lucia, SVP who handle the Los Angeles metro and Orange County regions, respectively. California United Bank has Preferred Lenders Program (“PLP”) participant status with the U.S. Small Business Administration (“SBA”).

Mr. Pastorius brings 20 years of banking experience to California United Bank’s SBA team, and in his most recent role, he doubled the yearly SBA production of his former employer. “With Dane’s background and success, he truly could pick where he wanted to continue his banking career and we are thrilled that he chose California United Bank,” noted Orange County Regional Manager and Executive Vice President, Steve Pihl, who leads the SBA Team. “He comes at the ideal time to expand our northern SBA business and, along with Carlo and Andy, gives us a powerhouse SBA team.”

Mr. Pastorius resides in Camarillo and will be housed in the Thousand Oaks office at California United Bank. “After interviewing with numerous banks, I decided to come to California United Bank due to the experienced management team, superior financial strength, and the longevity and individual tenure of the group of SBA professionals that I am joining,” added Mr. Pastorius.

About CU Bancorp and California United Bank

CU Bancorp is the parent of California United Bank which was founded in 2005 and is the largest independent bank headquartered in the San Fernando Valley. California United Bank provides a full range of financial services, including credit and deposit products, cash management, and internet banking to businesses, non-profits, entrepreneurs, professionals and investors throughout Southern California from offices in the San Fernando Valley, the Santa Clarita Valley, the Conejo Valley, Simi Valley, Los Angeles, South Bay, and Orange County. To view CU Bancorp’s most recent financial information, please visit the Investor Relations section of the Company’s Web site. Information on products and services may be obtained by calling (818) 257-7700 or visiting the Bank’s Web site at www.cunb.com.



Torrey Pines Marketing
Troy Morrison, 619-723-8232

KEYWORDS:   United States  North America  California

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