California United Bank Adds Two New Relationship Managers to Its Santa Clarita Valley...

California United Bank Adds Two New Relationship Managers to Its Santa Clarita Valley Regional Office

SANTA CLARITA, Calif.--(Business Wire)--
California United Bank (OTCBB:CUNB) today announced the addition
of two new Relationship Managers to its Santa Clarita Regional Office,
according to the Bank's Santa Clarita Valley Regional President, Bill
Sloan. The two new staff members are Greg Wells and Greg Spencer.

Wells, a business graduate of The Master's College in Santa
Clarita, has been in the banking business for 10 years, formerly
working as a Vice President and Commercial Banking Manager at another
Santa Clarita Valley bank. He is a member of the Santa Clarita Valley
Chamber of Commerce, the Valley Industrial Association and has been
involved in numerous other non-profits in the area. He has lived in
Santa Clarita for 14 years and is married with two children.

Spencer has been a banking relationship manager in the Santa
Clarita Valley for the past three years. Prior to entering the banking
industry, Greg spent 10 years as a Deputy for the Los Angeles County
Sheriff's Department and six years as the General Manager for Newhall
Coffee Roasting Company. A Santa Clarita resident since 1971, Greg has
developed many relationships and contacts within the community. He has
been married for 17 years and has two children at home.

"We welcome the addition of these two new Relationship Managers to
the CUB family," said Sloan. "As skilled bankers and longtime
residents of the Santa Clarita Valley, they are committed to
establishing and maintaining long-lasting banking relationships in the
community; as well as providing the extraordinary levels of service
for which CUB is known."

California United Bank provides a full range of financial
services, including credit and deposit products, cash management, and
internet banking for business and high-net-worth individuals from its
Santa Clarita Valley Regional Branch at 25350 Magic Mountain Parkway,
Suite 100, Valencia, CA 91355. Telephone: (661) 902-5700.

Additionally, the bank provides financial services from its
headquarters office at 15821 Ventura Boulevard, Suite 100, Encino, CA
91436; its West Los Angeles Regional Office at 1640 S. Sepulveda
Boulevard, Suite 114, Los Angeles, CA 90025; and its new Conejo Valley
Regional Loan Production Office at 4333 Park Terrace Drive, Suite 215,
Westlake Village, CA 91361.

Additional information on products and services may be obtained by
calling (818) 257-7700 or visiting the Bank's website at
www.californiaunitedbank.com.

California United Bank
David Rainer, President and Chief Executive Officer
818-257-7776

Copyright Business Wire 2008