ANNOUNCEMENT

While our name will change,
our commitment to you won’t.

CalWest Bank is merging to become Bank of Southern California.

CalWest Bank has entered into a definitive agreement to merge with and into Bank of Southern California. By combining two successful community banks that share a deep commitment to serving Southern California’s vibrant business community, we will be positioned to better support the growing needs of our customers. As a result of this merger, we will offer a greatly expanded branch network in Southern California, increased lending capacity, additional resources, and expertise to create even more value for you, our customer. While we are saying goodbye to our name, we’re welcoming exciting opportunities to come.

Below you will find important information regarding our impending merger.

Press Release

Letter from the President and CEO

I am pleased to announce that CalWest Bank has entered into a definitive agreement to merge with and into Bank of Southern California. This strategic acquisition will provide us with a greatly expanded footprint in Southern California so that we may better serve the banking needs of the Southern California community. It will also give us an increased capacity to lend, enhanced services, realized efficiencies, and more.

The merger is anticipated to close in the first quarter of 2020, following which all current CalWest Bank locations will operate under the name Bank of Southern California.

Like CalWest Bank, Bank of Southern California has demonstrated a steadfast commitment to providing a solution-driven, relationship-based approach to banking with ready access to decision-makers and enhanced value through strong partnerships with our clients.

On behalf of all of us at CalWest Bank who have the privilege of calling you our customers and friends, we thank you for your business and we look forward to continuing to serve you. If you have any questions about this exciting news and what it will mean for you, please contact your local banking representative or call 949.766.3040.

Sincerely,
Glenn Gray
President, Chief Executive Officer
CalWest Bank