Mergers and Acquisitions (M&A): Community West Bancshares (NASDAQ: CWBC) and United Security Bancshares (NASDAQ: UBFO) announce Merger
Fresno, California – Community West Bank has announced the acquisition of United Security Bank (https://www.unitedsecuritybank.com/). According to the company announcement Community West Bank, a wholly owned subsidiary of Community West Bancshares (NASDAQ: CWBC), is headquartered in Fresno, California, and was established in 1979 with its first Banking Center opening on January 10, 1980. The company operates full-service Banking Centers across Central California, offering a diverse range of financial services. These services include Commercial Lending, Agribusiness, SBA, Residential Construction and Mortgage, Manufactured Housing, Private Banking, and Cash Management. Community West Bancshares is actively expanding its market presence, as evidenced by its definitive merger agreement with United Security Bancshares, which is expected to close in the second quarter of 2026. This merger will mark Community West Bancshares’ seventh acquisition, significantly increasing its total assets to approximately $5 billion and expanding its network of full-service Banking Centers across 12 Central California counties. The combined entity will be led by James J. Kim, CEO of Community West Bancshares and CEO and President of Community West Bank, aiming to create a more robust banking franchise with enhanced resources and capacity to support businesses, families, and communities.
To learn more about Community West Bank, visit https://www.communitywestbank.com/
Company LinkedIn Page: https://www.linkedin.com/company/communitywestbank/
Company Contact:
Community West Bank
7100 N. Financial Drive Suite 101
Fresno, CA 93720
800-298-1775
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