CW Bancorp Will increase Quarterly Dividend 10% to $0.22 Per Share

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IRVINE, Calif.–(BUSINESS WIRE)–
CW BANCORP (OTCQX: CWBK), the guardian firm of CommerceWest Financial institution, introduced the approval of a quarterly money dividend by its Board of Administrators. The Board of Administrators declared a money dividend of $0.22 per frequent share, up from the earlier quarter by 10%, payable April 1, 2022 to shareholders of file on March 11, 2022.

CommerceWest Financial institution is decided to redefine banking for small and medium sized companies by delivering on personalized services. Based in 2001 and headquartered in Irvine, California, the Financial institution serves companies all through the state of California with our digital banking platform. By using a strategically chosen group of skilled professionals, we are going to present flexibility, create a whole, protected and sound banking expertise for every shopper. We offer a variety of business banking companies, together with, distant deposit answer, NetBanker on-line banking, cellular banking, strains of credit score, M&A / working capital loans, business actual property loans, SBA loans and treasury administration companies.

Mission Assertion: CommerceWest Financial institution will create a whole banking expertise for every shopper, catering to companies and their particular banking wants, whereas accommodating our purchasers and offering them high-quality, low stress and personally tailor-made banking and monetary companies.

Please go to www.cwbk.com to study extra in regards to the financial institution. “BANK ON THE DIFFERENCE”

Statements regarding future efficiency, developments or occasions, expectations for progress and revenue forecasts, and another steering on future intervals, represent forward-looking statements which are topic to various dangers and uncertainties. Precise outcomes might differ materially from acknowledged expectations. Particular components embrace, however usually are not restricted to, mortgage manufacturing, steadiness sheet administration, expanded internet curiosity margin, the power to manage prices and bills, rate of interest adjustments, monetary insurance policies of america authorities and common financial circumstances. The Firm disclaims any obligation to replace any such components or to publicly announce the outcomes of any revisions to any forward-looking statements contained on this launch to mirror future occasions or developments.

Bancorp Contact

CW Bancorp

Mr. Ivo A. Tjan, CEO

Ms. Leeann Cochran, CFO

Phone: (866) 521-CWBK

E-mail: InvestorRelations@cwbk.com

Web site: www.cwbk.com

“Financial institution on the Distinction”

Supply: CW Bancorp





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