California United Bank Adds New Senior Vice President, Regional Manager to Its Encino Office

ENCINO, Calif.--(Business Wire)--
California United Bank (OTCBB:CUNB) today announced the addition of a new Senior
Vice President, Regional Manager, Bill Nethercott. Mr. Nethercott will be based
in the Bank`s Encino office at 15821 Ventura Blvd., Suite 100.

Mr. Nethercott has 26 years of experience in the banking industry, 22 of which
are in community banking. He holds a B.S. degree in Business Administration with
an emphasis in finance from San Diego State University.

"We are excited to welcome Bill to the CUB team," said David Rainer, California
United Bank`s Chairman, President and CEO. "He comes to us with a deep
commitment to community banking and building long-term customer relationships.
His extensive experience in all facets of lending, management and branch
leadership will be integral to the continued successful growth of our presence
in the San Fernando Valley.

"Bill has a proven track record developing a strong community presence and a
high level of customer service," Mr. Rainer added. "He will enhance CUB`s
experienced, customer-focused relationship management team."

Mr. Nethercott most recently served as an independent bank consultant prior to
joining California United Bank, assisting two formerly proposed banks in their
organizational phase. From 2004 to 2008, he was President and Chief Executive
Officer of Tri-Valley Bank in the East Bay Area of Northern California. From
1998 to 2004, he was the President and CEO of Heritage Bank East Bay, as well as
the Division President of Heritage Bank of Commerce`s East Bay offices in
Fremont and Danville. From 1982 to 1998, he worked in various commercial lending
capacities throughout the Bay Area.

Mr. Nethercott is the prior Chairman of San Ramon Rotary`s annual "Carboload"
fundraiser, which raised funds for scholarships and grants for local students
and a co-founder of a golf tournament benefiting the Juvenile Diabetes Research
Foundation.

About the Bank

California United Bank provides a full range of financial services, including
credit and deposit products, cash management, and Internet banking for
businesses and high net worth individuals. The Bank operates from its
headquarters office at 15821 Ventura Boulevard, Suite 100, Encino, CA 91436;
West Los Angeles Regional Office at 1640 South Sepulveda Boulevard, Suite 114,
Los Angeles, CA 90025; Santa Clarita Valley Regional Office at 25350 Magic
Mountain Parkway, Suite 100, Valencia, CA 91355; Conejo Valley Loan Production
Office at 4333 Park Terrace Drive, Suite 215, Westlake Village, CA 91361 and
South Bay Loan Production Office at 1025 W. 190th Street, Suite 225, Gardena, CA
90248. Information on products and services may be obtained by calling (818)
257-7700 or visiting the Bank`s website at www.californiaunitedbank.com.

SAFE-HARBOR LANGUAGE

This news release contains forward-looking statements about the Bank, for which
the Bank claims the protection of the safe harbor provisions contained in the
Private Securities Litigation Reform Act of 1995. Forward-looking statements are
based on management's knowledge and belief as of today and include information
concerning the Bank's possible or assumed future financial condition, and its
results of operations, business and earnings outlook. These forward-looking
statements are subject to risks and uncertainties. A number of factors, some of
which are beyond the Bank's ability to control or predict, could cause future
results to differ materially from those contemplated by such forward-looking
statements. These factors include (1) difficult and adverse conditions in the
global and domestic capital and credit markets, (2) continued volatility and
further deterioration of the capital and credit markets, (3) significant changes
in banking laws or regulations, including, without limitation, as a result of
the Emergency Economic Stabilization Act, (4) continued uncertainty about the
impact of the U.S. Treasury Troubled Asset Relief Program (TARP) and other
recent federal programs on the financial markets including levels of volatility
and credit availability, (5) a more adverse than expected decline or continued
weakness in general business and economic conditions, either nationally,
regionally or locally in areas where the Bank conducts its business, which may
affect, among other things, the level of nonperforming assets, charge-offs and
provision expense, (6) unprecedented volatility in equity, fixed income and
other market valuations, (7) changes in market rates and prices which may
adversely impact the value of financial products including securities, loans,
deposits, debt and derivative financial instruments, and other similar financial
instruments, (8) changes in the interest rate environment and market liquidity
which may reduce interest margins and impact funding sources, (9) increased
competition in the Bank's markets, (10) changes in the financial performance
and/or condition of the Bank's borrowers, (11) a substantial and permanent loss
of client accounts, (12) soundness of other financial institutions which could
adversely affect the Bank, (13) increases in Federal Deposit Insurance
Corporation premiums due to market developments and regulatory changes, (14)
protracted labor disputes in the Bank's markets, (15) earthquake, fire or other
natural disasters affecting the condition of real estate collateral, (16) the
effect of de novo branching efforts, (17) the impact of changes in regulatory,
judicial or legislative tax treatment of business transactions, (18) changes in
accounting policies or procedures as may be required by the Financial Accounting
Standards Board or regulatory agencies, and (19) the success of the Bank at
managing the risks involved in the foregoing. Forward-looking statements speak
only as of the date they are made, and the Bank does not undertake to update
forward-looking statements to reflect circumstances or events that occur after
the date the statements are made, or to update earnings guidance, including the
factors that influence earnings.

For a more complete discussion of these risks and uncertainties, see the Bank`s
Annual Report on Form 10-K for the year ended December 31, 2008 and particularly
Part I, Item 1A, titled "Risk Factors."

California United Bank
David I. Rainer, President and CEO
818-257-7776
or
Addo Communications
Andrew Greenebaum, 310-829-5400
andrewg@addocommunications.com

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