Mr. Nethercott has 26 years of experience in the banking industry, 22 of which are in community banking. He holds a B.S. degree in Business Administration with an emphasis in finance from San Diego State University.

"We are excited to welcome Bill to the CUB team," said David Rainer, California United Bank's Chairman, President and CEO. "He comes to us with a deep commitment to community banking and building long-term customer relationships. His extensive experience in all facets of lending, management and branch leadership will be integral to the continued successful growth of our presence in the San Fernando Valley.

"Bill has a proven track record developing a strong community presence and a high level of customer service," Mr. Rainer added. "He will enhance CUB's experienced, customer-focused relationship management team."

Mr. Nethercott most recently served as an independent bank consultant prior to joining California United Bank, assisting two formerly proposed banks in their organizational phase. From 2004 to 2008, he was President and Chief Executive Officer of Tri-Valley Bank in the East Bay Area of Northern California. From 1998 to 2004, he was the President and CEO of Heritage Bank East Bay, as well as the Division President of Heritage Bank of Commerce's East Bay offices in Fremont and Danville. From 1982 to 1998, he worked in various commercial lending capacities throughout the Bay Area.

Mr. Nethercott is the prior Chairman of San Ramon Rotary's annual "Carboload" fundraiser, which raised funds for scholarships and grants for local students and a co-founder of a golf tournament benefiting the Juvenile Diabetes Research Foundation.

About the Bank

California United Bank provides a full range of financial services, including credit and deposit products, cash management, and Internet banking for businesses and high net worth individuals. The Bank operates from its headquarters office at 15821 Ventura Boulevard, Suite 100, Encino, CA 91436; West Los Angeles Regional Office at 1640 South Sepulveda Boulevard, Suite 114, Los Angeles, CA 90025; Santa Clarita Valley Regional Office at 25350 Magic Mountain Parkway, Suite 100, Valencia, CA 91355; Conejo Valley Loan Production Office at 4333 Park Terrace Drive, Suite 215, Westlake Village, CA 91361 and South Bay Loan Production Office at 1025 W. 190th Street, Suite 225, Gardena, CA 90248.