California United Bank Receives SBA Preferred Lender Status

  California United Bank Receives SBA Preferred Lender Status

Business Wire

ENCINO, Calif. -- October 22, 2012

California United Bank (“CUB” or “the Company”), a subsidiary of CU Bancorp
(NASDAQ: CUNB), today announced its receipt of Preferred Lenders Program
(“PLP”) participant status with the U.S. Small Business Administration
(“SBA”).

The Preferred Lenders Program was created by the SBA to streamline procedures
and for quick processing of applications in order to provide financial
assistance to small businesses. PLP lenders are approved based on their past
record with the SBA and must have demonstrated a proficiency in originating,
processing and servicing SBA-guaranteed loans.

“California United Bank is proud to be a PLP lender, which is the highest bank
designation granted by the SBA and is reserved only for top tier bank
lenders,” said David I. Rainer, Chairman, President and Chief Executive
Officer of CU Bancorp and California United Bank. “Our receipt of this status
is a testament to the dedication of our outstanding team toward building and
expanding a best in class SBA lending platform that supports entrepreneurial
achievement in our communities. Importantly, it furthers our lending power to
drive small business development and job growth throughout our region.”

California United Bank’s lenders have an average of twenty years of experience
in helping small businesses through SBA loan programs. Benefits of SBA loans
include lower down payments and longer repayment terms than conventional bank
loans, enabling small businesses to keep their cash flow for operational
expenses and spend less on debt repayment. The Bank’s website at www.cunb.com
provides more information about the types of loans offered and the SBA loan
application process.

About CU Bancorp and California United Bank

CU Bancorp is the parent of California United Bank, which recently celebrated
the seventh anniversary of its opening. California United Bank provides a full
range of financial services, including credit and deposit products, cash
management, and internet banking to businesses, non-profits, entrepreneurs,
professionals and high net worth individuals throughout Southern California
from offices in the San Fernando Valley, the Santa Clarita Valley, the Conejo
Valley, Simi Valley, Los Angeles, South Bay, and Orange County. To view CU
Bancorp and California United Bank’s most recent financial information, please
visit the Investor Relations section of the Bank’s Web site. Information on
products and services may be obtained by calling (818) 257-7700 or visiting
the Bank’s Web site at www.cunb.com.

Contact:

Financial Profiles, Inc.
Tricia Ross, 916-939-7285
tross@finprofiles.com