-

CommerceWest Bank Awarded 2020 Community Bank of the Year and Best E-Newsletter IMPACT Awards

IRVINE, Calif.--(BUSINESS WIRE)--CommerceWest Bank (OTC:CWBK) won the Community Bank of the Year and Best E-Newsletter IMPACT Awards. The 2020 Internet Marketing Association IMPACT Awards exemplify best-in-class creativity, expertise and results achieved by the top practitioners, across every business segment.

Mr. Ivo Tjan, CEO of CommerceWest Bank said, “It is an honor to have won the Community Bank of the Year and Best E-Newsletter Impact Awards. The Bank has been working aggressively to assist both existing clients and new clients during these uncertain times.” He continued, “We have spoken to many business owners or CEOs in California that have not been satisfied with their banking relationship during this pandemic. CommerceWest has been able to offer them a refreshing perspective towards banking in a new digital world, while also providing our business community with hundreds of millions of dollars of new loans to help them through the challenges of 2020. The Bank remains one of the safest and strongest Banks in the nation.”

CommerceWest Bank is a California based full service commercial bank with a unique vision and culture of focusing exclusively on the business community. Founded in 2001 and headquartered in Irvine, California. The Bank serves businesses throughout the state with an emphasis on clients in Orange County, San Diego, Los Angeles, and Riverside Counties. We are a full service business bank and offer a wide range of commercial banking services, including concierge services, remote deposit solution, online banking, mobile banking, lines of credit, working capital loans, commercial real estate loans, SBA loans, and treasury management services.

Mission Statement: CommerceWest Bank will create a complete banking experience for each client, catering to businesses and their specific banking needs, while accommodating our clients and providing them high-quality, low stress and personally tailored banking and financial services.

Please visit www.cwbk.com to learn more about the bank. “BANK ON THE DIFFERENCE”

Contacts

Mr. Ivo A. Tjan, CEO
Work Phone: 949-474-5278 (Media Only)

CommerceWest Bank

OTCBB:CWBK

Release Versions

Contacts

Mr. Ivo A. Tjan, CEO
Work Phone: 949-474-5278 (Media Only)

Social Media Profiles
More News From CommerceWest Bank

Ivo Tjan of CommerceWest Bank Honored in the 2024 OC500 Directory of Influence & OC50 List

IRVINE, Calif.--(BUSINESS WIRE)--CommerceWest Bank (OTCQX:CWBK) is proud to announce Ivo Tjan, CommerceWest Bank President and CEO, was recognized by the Orange County Business Journal for two noteworthy achievements: first, in the 2024 OC500 Directory of Influence, a list of Orange County’s top Executives, Educators and Community Leaders who made headlines in the past year for their leadership and innovation in the finance, healthcare, real estate and technology industries. Mr. Tjan was also n...

CW BANCORP Quarterly Cash Dividend

IRVINE, Calif.--(BUSINESS WIRE)--CW BANCORP (OTCQX: CWBK), the parent company of CommerceWest Bank announced the approval of a quarterly cash dividend by its Board of Directors. The Board of Directors declared a cash dividend of $0.23 per common share, payable January 2, 2025, to shareholders of record on December 16, 2024. CommerceWest Bank is determined to redefine banking for small and medium sized businesses by delivering on customized products and services. Founded in 2001 and headquartere...

CW Bancorp Reports Q3 2024 ROA 1.11% and ROTE of 15.64%

IRVINE, Calif.--(BUSINESS WIRE)--CW Bancorp (OTCQX: CWBK), the parent company (“the Company”) of CommerceWest Bank (the “Bank”) reported consolidated net income for the third quarter of 2024 of $3,131,000 or $1.03 per diluted share as compared to $5,234,000 or $1.61 per diluted share for the third quarter of 2023, an EPS decrease of 36% and net income for the nine months ended September 30, 2024 of $9,208,000 or $2.99 per diluted share as compared to $14,066,000 or $4.26 per diluted share for t...
Back to Newsroom