N🟁N

California United Bank CEO David Rainer Appointed to the Board of Directors of Los Angeles Branch of the Federal Reserve Bank o

  //business-finance.news-articles.net/content/201 .. ngeles-branch-of-the-federal-reserve-bank-o.html
  Published in Business and Finance on Thursday, March 10th 2011 at 6:06 GMT by Market Wire
          ^{🞛 This publication is a summary or evaluation of another publication}

ENCINO, Calif.--([ BUSINESS WIRE ])--California United Bank (OTCBB: CUNB) today announced that David Rainer, the Banka™s Chairman, President, and CEO, has been appointed to the Board of Directors of the Federal Reserve Bank of San Francisco, Los Angeles Branch for a term which will expire December 31, 2013.

"As a community banker, I hope to represent both our local banking industry and our customers and provide a ground-level view of the economy and business environment."

The seven member Los Angeles branch board, along with similar boards across the country, provides the Federal Reserve System with economic information about the respective industries and regions represented by the various board members.

aI am honored to receive this appointment,a commented Rainer. aAs a community banker, I hope to represent both our local banking industry and our customers and provide a ground-level view of the economy and business environment.a

About California United Bank

California United Bank, which celebrated the fifth anniversary of its opening in May 2010, provides a full range of financial services, including credit and deposit products, cash management, and internet banking for business, entrepreneurs, professionals and high net worth individuals throughout Southern California, from offices in the San Fernando Valley, the Santa Clarita Valley, the Conejo Valley, the Simi Valley, Los Angeles, South Bay, Glendale/San Gabriel Valley and Orange County. To view California United Banka™s most recent financial information, please visit the [ Investor Relations ] section of the Banka™s [ Website ]. Information on products and services may be obtained by calling (818) 257-7700 or visiting the Banka™s Web site at [ www.californiaunitedbank.com ].