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Community West Bank Contributes $100,000 to Goleta Valley Cottage Hospital Foundation Capital Campaign


Goleta, CA, November 15, 2021 – Community West Bank presented $100,000 to Goleta Valley Cottage Hospital Foundation for the capital campaign to expand and enhance Cottage Rehabilitation Hospital by relocating it from Santa Barbara to the Goleta Valley Cottage Hospital campus. Community West Bank Chief Executive Officer Marty Plourd and Community West Bancshares Chairman of the Board Bill Peeples presented the check to Arie Dejong, Vice President of Goleta Valley Cottage Hospital, Cottage Rehabilitation Hospital, and Therapy Services.

“Goleta Valley Cottage Hospital and Cottage Rehabilitation Hospital are trusted and vital community resources, helping to restore the health of residents and their families throughout Santa Barbara County and beyond,” Mr. Plourd said. “Community West Bank is proud to contribute to the expansion of Cottage Health’s services.”

“Community West Bank was founded in Goleta, as Goleta National Bank, and has a long and proud history of supporting Goleta Valley Cottage Hospital,” stated Mr. Peeples. “We are very pleased to do our part in support of the hospital and the community where we live and do business.”

“Cottage is deeply grateful for our partnership with Community West Bank,” Mr. Dejong said. “Their trust and generous support will inspire others to participate in the project and help bring the very best health care to our patients and community.

“Cottage Rehabilitation Hospital cares for patients with traumatic brain injuries, stroke complications, spinal cord injuries and a vast array of conditions requiring physical rehabilitation. Our patients, who represent a cross-section of our entire community, are surrounded by clinicians, state-of-the-art equipment and rehabilitative expertise to reach their recovery goals. This gift will directly impact each patient’s journey,” Mr. Dejong added.

For more information about the capital campaign, contact Tanya Gonzales, Senior Philanthropy Officer at 805-451-8199 or Dani Kent, Senior Philanthropy Officer at 805-660-2496.

About Community West Bank

Community West Bank is a wholly owned subsidiary of Community West Bancshares (NASDAQ: CWBC), a financial services company with headquarters in Goleta, California. 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. 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 full-service banking branch offices in Goleta, Oxnard, Paso Robles, San Luis Obispo, Santa Barbara, Santa Maria and Ventura and has grown to over one billion dollars in assets. In April 2021, Community West Bank was awarded a “Super Premier Performance” rating by The Findley Reports. In September 2021, Community West Bank was named to Piper-Sandler’s Bank and Thrift Sm-All Stars – Class of 2021, recognizing the bank as one of the top 35 best performing small capitalization institutions from a list of publicly traded banks and thrifts in the U.S. with market capitalizations less than $2.5 billion. For more information, visit

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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