Community West Bank Awards $30,000 to Local Non-Profits for 30th Anniversary

08/21/19

Goleta, CA, August 21, 2019 — Community West Bank presented $30,000 in Anniversary Grants to six local non-profit organizations today to commemorate the bank’s 30th anniversary.The non-profits primarily serve low to moderate income families and individuals throughout the tri-counties and were selected by employees, with each organization receiving a $5,000 award.

“We decided to celebrate our bank’s anniversary by awarding significant grants to local non-profit organizations which do so much to enrich and support the communities where we live and work,” said Martin E. Plourd, President and Chief Executive Officer.“The fact that our employees voted to select these non-profits makes the awards all the more meaningful.”

Community West Bank Regional Presidents Brian Schwabecher and Jason Bietz presented the checks to the Anniversary Grants recipients:

Child Development Resources of Ventura County enriches and strengthens the lives of children and their families through a variety of high-quality children’s programs, including child care assistance, Head Start and Early Head Start.https://www.cdrv.org/

Safe Passage Youth Foundation is a partnership between the Thousand Oaks Police Department and Conejo Recreation and Park District committed to eliminating gang-related crime by stopping gang recruitment. https://safepassageyouth.org

Food From The Heart prepares and delivers healthy nutritious food to those who are dealing with major illnesses, surgeries or failing health.

Royal Family Kids positively impacts the lives of children ages 7-12, who have been victims of abuse, neglect and abandonment by providing life-changing experiences and creating positive memories through a week long residential camp and year-long club and mentoring program.

https://santabarbara.royalfamilykids.org/

Transitions-Mental Health Association is dedicated to eliminating stigma and promoting recovery and wellness for people with mental illness through work, housing, community and family support services.https://www.t-mha.org/

Central Coast Veterans Helping Veterans is organized to assist veterans who have encountered a variety of problems in transitioning from military service to fully productive lives as civilians.

https://ccvhv.org/

Community West Bank first opened its doors on August 21, 1989 as Goleta National Bank, at 5827 Hollister Avenue — a site that remains a Community West Bank branch office today.The bank changed its name to Community West Bank in September 2004 to better reflect its growth beyond Santa Barbara County.

About Community West Bank

Community West Bank is the largest publicly traded and only community bank headquartered and serving California’s Central Coast area of Ventura, Santa Barbara and San Luis Obispo counties with eight full-service banking branch offices in Goleta, Oxnard, Paso Robles, San Luis Obispo, Santa Barbara, Santa Maria, Ventura and Westlake Village. Founded in 1989, the bank is celebrating its 30th anniversary this year, and has grown to over $882 million in assets. Community West Bank is a wholly owned subsidiary of Community West Bancshares, a financial services company with headquarters in Goleta, California. In April 2019, Community West Bank was awarded a “Premier” rating by The Findley Reports.In making their selections, The Findley Reports focuses on these four ratios: growth, return on beginning equity, net operating income as a percentage of average assets, and loan losses as a percentage of gross loans.For more information, visit www.CommunityWestBank.com.

Safe Harbor Disclosure

This release contains forward-looking statements that reflect management’s current views of future events and operations.These forward-looking statements are based on information currently available to the Company as of the date of this release.It is important to note that these forward-looking statements are not guarantees of future performance and involve risks and uncertainties, including, but not limited to, the ability of the Company to implement its strategy and expand its lending operations.

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