#United States #Dividend #Irvine #CW Bancorp #CommerceWest Bank

CW BANCORP Announces Quarterly Cash Dividend

On June 2, 2025, CW BANCORP (OTCQX: CWBK), the parent company of CommerceWest Bank, made a noteworthy announcement regarding its commitment to its shareholders. The Board of Directors has approved a quarterly cash dividend of $0.23 per common share, which will be payable on July 1, 2025. This payment will be issued to shareholders who are on record as of June 16, 2025.

A Commitment to Shareholders

The announcement of the cash dividend is a demonstration of CW BANCORP's commitment to providing value to its shareholders. This decision not only reflects the bank's financial health but also its dedication to rewarding those who invest in the company.

CommerceWest Bank has been steadily redefining the banking experience for small and medium-sized enterprises (SMEs). Founded in 2001 and based in Irvine, California, the bank has focused on offering tailored products and services designed to meet the specific needs of its business clients. By leveraging a user-friendly digital banking platform, CommerceWest Bank has expanded its reach across California, serving a diverse range of enterprises.

Customized Banking Solutions

One of the hallmarks of CommerceWest Bank is its commitment to personalized banking solutions. The bank prides itself on the flexible, customer-centric approach it takes in catering to the unique banking needs of businesses. With a professional team that brings years of experience in the banking sector, CommerceWest Bank ensures that clients receive a comprehensive, safe, and efficient banking experience.

The bank provides various commercial banking services, which include:

• - Remote Deposit Solutions: Facilitating easy deposits from anywhere.
• - NetBanker Online Banking: A robust online platform for business banking.
• - Mobile Banking: Enabling clients to manage finances on-the-go.
• - Credit Lines and Loans: Offering lines of credit, as well as loans tailored for working capital and commercial real estate.
• - SBA Loans: Providing access to Small Business Administration loans to support growth.
• - Treasury Management Services: Assisting businesses in managing cash flow efficiently.

Mission Statement

CommerceWest Bank's mission is clear: to create a holistic banking experience tailored to the distinct needs of businesses while minimizing stress for clients. With a focus on high-quality banking solutions, it aims to deliver personally tailored financial services that meet the evolving demands of its clientele.

For those interested in discovering more about CommerceWest Bank and its range of services, more detailed information can be found on their official website. Their tagline, "BANK ON THE DIFFERENCE," encapsulates their ethos of offering a banking experience that stands out.

Forward-Looking Statements

It is essential to note that certain statements regarding future performance, growth expectations, and income forecasts in the bank's release are forward-looking. These statements are subject to various risks and uncertainties and may differ from actual results due to numerous factors, including interest rate changes, loan production, and general economic conditions. CW BANCORP disclaims any obligation to update such forward-looking statements based on new developments.

As CW BANCORP continues on its journey, shareholders can expect not just dividends but a wider vision of redefining banking for small to medium businesses. With their consistent focus on innovation in banking practices and commitment to their shareholders, they aim to remain a significant player in the financial services sector.