Introduction:
CU Bancorp operates as a bank holding company for California United Bank that provides various banking products and services in Southern California. It offers deposit products, including non-interest bearing demand deposits, interest bearing demand deposits, money market accounts, certificates of deposit, and savings accounts. The companys loan portfolio comprises commercial and industrial loans; construction, Miniperm, land development, and other land loans; commercial and residential real estate loans; SBA loans; and home equity lines of credit, as well as secured and unsecured personal loans. It also offers investment products, such as mutual funds, securities, annuities, and insurance. In addition, the company provides commercial and stand-by letters of credit, wire transfer services, on site automated teller machines, Visa debit cards, and ATM cards; and bank-by-mail, courier, armored transport, lock box, cash vault, cash management, telephone banking, night depositories, and credit card and international services, as well as Internet banking services. It serves small and medium-sized businesses, non-profit organizations, and business owners and entrepreneurs, as well as professional community, including attorneys, certified public accountants, financial advisors and healthcare providers, and investors. The company operates through nine full service branch offices located in Los Angeles, Orange, Ventura, and San Bernardino counties. CU Bancorp was incorporated in 2011 and is headquartered in Los Angeles, California.