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CW Bancorp (CWBK) announced a quarterly cash dividend of $0.23 per common share, payable on January 2, 2024, to shareholders of record on December 15, 2023. The company, headquartered in Irvine, California, aims to redefine banking for small and medium-sized businesses by offering customized products and services. Founded in 2001, CommerceWest Bank provides a range of commercial banking services, including remote deposit solutions, online and mobile banking, lines of credit, M&A/working capital loans, commercial real estate loans, SBA loans, and treasury management services.
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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, 2024 to shareholders of record on December 15, 2023.
CommerceWest Bank is determined to redefine banking for small and medium sized businesses by delivering on customized products and services. Founded in 2001 and headquartered in Irvine, California, the Bank serves businesses throughout the state of California with our digital banking platform. By employing a strategically selected team of experienced professionals, we will provide flexibility, create a complete, safe and sound banking experience for each client. We provide a wide range of commercial banking services, including, remote deposit solution, NetBanker online banking, mobile banking, lines of credit, M&A / 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”
Statements concerning future performance, developments or events, expectations for growth and income forecasts, and any other guidance on future periods, constitute forward-looking statements that are subject to a number of risks and uncertainties. Actual results may differ materially from stated expectations. Specific factors include, but are not limited to, loan production, balance sheet management, expanded net interest margin, the ability to control costs and expenses, interest rate changes, financial policies of the United States government and general economic conditions. The Company disclaims any obligation to update any such factors or to publicly announce the results of any revisions to any forward-looking statements contained in this release to reflect future events or developments.
Bancorp Contact
CW Bancorp
Mr. Ivo A. Tjan, CEO
Ms. Leeann Cochran, CFO
Telephone: (866) 521-CWBK
E-mail: InvestorRelations@cwbk.com
Website: www.cwbk.com
“Bank on the Difference”
Source: CW BANCORP
FAQ
What is the quarterly cash dividend declared by CW Bancorp (CWBK)?
The Board of Directors declared a cash dividend of $0.23 per common share, payable on January 2, 2024, to shareholders of record on December 15, 2023.
Where is CW Bancorp (CWBK) headquartered?
CW Bancorp is headquartered in Irvine, California.
What services does CommerceWest Bank offer?
CommerceWest Bank offers a wide range of commercial banking services, including remote deposit solutions, online and mobile banking, lines of credit, M&A/working capital loans, commercial real estate loans, SBA loans, and treasury management services.
When was CommerceWest Bank founded?
CommerceWest Bank was founded in 2001.
What is the mission statement of CommerceWest Bank?
CommerceWest Bank aims to create a complete banking experience for each client, catering to businesses and their specific banking needs, while providing high-quality, personally tailored banking and financial services.
