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California United to Get Local Office, Local VP

California United Bank (OTCBB: CUNB) today announced that it has hired Bart Aikman, as a Vice President/Relationship Manager.  Mr. Aikman will be part of the California United Bank team which will be based in the planned Santa Clarita Valley Regional Office, which the Bank expects to open in early 2007.       

“We are pleased to have Bart join us, as he brings with him substantial banking experience and a deep commitment to the Santa Clarita Valley in which he has lived for 18 years,” commented David Rainer, Chief Executive Officer. “He will augment our Santa Clarita team which will be led by Senior Vice President/Relationship Manager William Sloan, another long time Santa Clarita resident.”

Mr. Aikman is a veteran of 30 years of business banking, much of it based in the Santa Clarita Valley.  He was most recently the Regional Manager of Preferred Bank in Valencia.  He has been very active with local civic organizations, having held positions as Chairman of the Board of the Santa Clarita Family YMCA, Vice-Chairman of the American Red Cross of Santa Clarita and an Advisory Committee Member of the Castaic Lake Water Agency.  He has also been a Member of the City of Santa Clarita Transportation Committee and is a current Board Member of Rotary International of Santa Clarita.

Mr. Aikman is a graduate of Loyola University of Los Angeles, where he received both B.A. and MBA degrees.  
 
California United Bank provides a full range of financial services, including credit and deposit products, cash management, and internet banking for business and high net worth individuals from its headquarters office at 15821 Ventura Boulevard, Suite 100, Encino, CA 91436 and West Los Angeles Regional Office at 1640 South Sepulveda Boulevard, Suite 114, Los Angeles, CA 90025. Information on products and services may be obtained by calling (818) 257-7700 or visiting the Bank’s website at www.californiaunitedbank.com.  

12-23-06

California United to Get Local Office, Local VP

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