CBB Bank Announces Leadership Change

LOS ANGELES--(BUSINESS WIRE)--CBB Bancorp, Inc. (“CBB” or the “Company”) (OTCQX: CBBI), the parent company of Commonwealth Business Bank (the “Bank”), today announced the appointment of Bill Lee as the Executive Vice President and Chief Credit Officer, effective May 6, 2025. Mr. Lee has a long track record in banking, with extensive experience in commercial real estate and C&I lending, having served various credit-related positions at Korean American banks.

We are pleased to announce that Alex Ko has been appointed as the Bank’s Executive Vice President and Chief Financial Officer. Mr. Ko brings many years of experience to this role, having previously served as CFO at other financial institutions.

About CBB Bancorp, Inc.

CBB Bancorp, Inc. is the holding company of Commonwealth Business Bank, a full-service commercial bank specializing in serving small to medium-sized businesses, operating under the name “CBB Bank.” The Bank operates twelve full-service branch offices in Los Angeles and Orange Counties, California; Dallas County, Texas; Honolulu, Hawaii; and Bergen County, New Jersey, as well as loan production offices in Georgia, Washington, and New York.