COMMUNITY WEST BANCSHARES (NASDAQ:CWBC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On February 22, 2017, Community West Bancshares, parent company of Community West Bank (Bank), today announced that Charles (Chick) G. Baltuskonis plans to retire in July 2017. Prior to his retirement, he will step down as Executive Vice President and Chief Financial Officer. Mr. Baltuskonis will assist in the transition to the successor Chief Financial Officer.
Item 9.01. Financial Statements and Exhibits.
Exhibit 99.1 Press Release dated February 22, 2017, titled “Community West Bancshares Announces CFO Baltuskonis to Retire July 2017.”
About COMMUNITY WEST BANCSHARES (NASDAQ:CWBC)
Community West Bancshares is a bank holding company. The Company provides full-service banking through its subsidiary, Community West Bank, N.A. (the Bank). Through the Bank, the Company provides a range of financial products and services to customers, including lending and deposit products. The Company focuses on professionals, small to mid-sized businesses and individual households. Relationship banking is conducted at the community level through approximately five branch offices in the cities of Goleta, Santa Barbara, Santa Maria, Ventura and Westlake Village, California and a loan production office in San Luis Obispo. The Company’s products and services include deposit products, such as checking accounts, savings accounts, money market accounts and fixed rate, fixed maturity certificates of deposits, and lending products, including commercial loans, commercial real estate loans and consumer loans. COMMUNITY WEST BANCSHARES (NASDAQ:CWBC) Recent Trading Information
COMMUNITY WEST BANCSHARES (NASDAQ:CWBC) closed its last trading session up +0.12 at 10.25 with 1,173 shares trading hands.