SOURCE: CommerceWest Bank

September 19, 2005 16:36 ET

CommerceWest Bank Appoints Aaron R. Thomas as Regional Vice President for the South Los Angeles Region

IRVINE, CA -- (MARKET WIRE) -- September 19, 2005 -- Mr. Ivo A. Tjan, Chairman and CEO of CommerceWest Bank (OTC BB: CWBK) announced the appointment of Mr. Aaron R. Thomas as Regional Vice President of the South Bay Region in the Los Angeles Area. The bank recently received regulatory approval to move forward with opening a South Bay Regional Business Center in Gardena, CA.

Mr. Thomas commented, "I have for a long time wanted to be affiliated with a commercial bank that tailors its services to the needs of its clients and I am pleased to be a part of the CommerceWest Bank Team. I look forward to having the opportunity to bring the unique type of client oriented services that are provided by CommerceWest to the South Bay business community."

Mr. Thomas recently served as Vice President and Senior Account Executive in Los Angeles with CIT Group / Commercial Services Inc., where he managed a portfolio of companies with combined annual sales volume in excess of $300 million. He has served in other capacities as Assistant Secretary for CIT and Senior Credit Officer and Unit Manager for Heller Financial. He has over 19 years of experience in the financial services industry.

"Mr. Thomas will be a great asset to the organization bringing with him his expertise in the Los Angles area and commercial credit skills," states Mr. Tjan. "He will be responsible for establishing and increasing our market share in the South Bay Territory. We feel strongly that CommerceWest Bank meets a need in the South Bay area for businesses that want customized and tailor-made loans and cash management products. We are looking forward to expanding our presence in the Los Angeles Region and have a very strong team of dedicated professionals, who will join the team to grow the regional office."

About CommerceWest Bank:

CommerceWest Bank is headquartered at 2111 Business Center Drive in Irvine, CA, with Regional Business Centers in Orange County at 4685 MacArthur Court in Newport Beach, CA, Inland Empire at 1611 Pomona Road in Corona, CA and in South Bay at 19300 S. Hamilton Avenue, Gardena, CA. We offer a wide range of business banking services, including cash management, concierge services, full-service internet banking, lines of credit, term loans, nationwide commercial real estate lending and SBA Lending.

CommerceWest Bank will create a complete banking experience for each client, catering to businesses and their specific banking needs, while accommodating our clients and providing them high-quality, low stress, and personally tailored banking and financial services. Please visit www.cwbk.com to learn more about the bank.

Contact Information

  • Bank Contact:
    CommerceWest Bank, N.A.
    Kathryn F. Williams
    Telephone: (949) 251-6959
    Fax: (949) 251-6957
    E-mail: Email Contact