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Press Release

Tuesday, February 28, 2012

Michael Phlaum Joins Community West Bank as Senior Vice President and Community Banking Officer

Community West Bank is pleased to announce the addition of Michael L. Phlaum as Senior Vice President and Community Banking Officer. Mr. Phlaum brings over 30 years community banking experience with 13 years in senior management positions to Community West Bank.

“Michael is a solid leader with broad experience in strategic initiatives, sales management, branch administration, product management and operations,” said Plourd. “He has a proven track record in sales management and the successful implementation of key strategic initiatives. We welcome him to the Community West Bank team.”

Prior to joining Community West Bank, Phlaum worked as a Consumer Product Development Manager for a successful national credit union, and previously as Senior Vice President, Strategic Product Delivery for a national bank that is focused on C&I and agricultural business lending. In addition to his banking experience, he attended the University of California Riverside, earning certificates in Executive Management and Personal Financial Planning. Phlaum is an active participant in Rotary, the American Red Cross, the Chamber of Commerce and has volunteered his time helping several additional community-focused non-profit organizations.

Company Profile

Community West Bancshares is a financial services company with headquarters in Goleta, California. The Company is the holding company for Community West Bank, which has five full-service California branch banking offices, in Goleta, Ventura, Santa Maria, Santa Barbara and Westlake Village. The principal business activities of the Company are Relationship banking, Mortgage lending and SBA lending.

Contact Information

Eric Swanson
805-692-4379

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