I am excited to announce that Bank of Southern California has entered into a definitive agreement to acquire CalWest Bank. This strategic acquisition will provide us with an expanded footprint in Orange County along with a presence in Redlands, so that we may better serve the banking needs of the Southern California community. It will also give us an increased capacity to lend, enhanced services, realized efficiencies, and more.
Our acquisition of CalWest Bank is anticipated to close in the first quarter of 2020, following which all locations will operate under the name Bank of Southern California.
Since 2001, Bank of Southern California has demonstrated a commitment to providing a solution-driven, relationship-based approach to banking with ready access to decision makers and enhanced value through strong partnerships with our clients.
On behalf of all of us at Bank of Southern California, we thank you for your business and we look forward to continuing to serve you. If you have any questions about this exciting news and what it will mean for you, please contact your local banking representative or call (858) 847-4780.
President | Chief Executive Officer