OC Business Journal

The Best Business Bank in California

By Ivo A. Tjan, CEO CommerceWest Bank

CommerceWest Bank is determined to redefine banking for small and midsized businesses in California. While many small and mid-sized businesses do not realize they qualify for a customized loan or deposit product tailored made to meet their specific needs; CommerceWest Bank provides flexibility servicing owners and catering to their specific business and individual banking needs. We work to accommodate our clients, rather than force our clients to accommodate to us by providing high-quality, low-stress, and personally tailored banking and financial services. As a full-service business bank, we offer a wide range of commercial banking services, remote deposit solution, online banking, mobile banking, lines of credit, working capital loans, commercial real estate loans, SBA loans, and treasury management services. By employing a strategically selected team of experienced professionals, we carefully shepherd the assets with which we are entrusted. In the process of doing so, we maximize the financial potential of our clients, ensure the stability of our institution and deliver on the promise to our clients and employees.

“All Banks are not created equal and bigger is not always better.”

Our forward-thinking approach to business, navigated our company to be awarded the 2020 Community Bank of the Year, one of the first Banks in the nation to fund a PPP loan and one of the first lenders in the country to be approved to participate in the Main Street Lending Program (MSLP), which lead CommerceWest Bank to rank as the #1 Bank in the state of California for MSLP funded loans ($390 million).

2020 was a record year for the company despite the period of great economic uncertainty. And we continue this well into 2021 by actively managing credit risk, expanding our client base, and bringing on new talented employees to our team. Our fortress balance sheet and business model continue to be sources of economic strength for our business community, employees, and shareholders.

Committed to our Community

In May 2021, CommerceWest Bank relocated our Corporate Headquarters to 2445 McCabe in Irvine. The new corporate office is larger and in a facility that will accommodate our growth for many years to come. While some Banks are leaving the California marketplace or relocating their headquarters, CommerceWest Bank remains fully committed to our community.

These are exciting times for our company, our team, and our shareholders. Our future is bright. Our goals are clear. We know that it is more important

than ever to be able to count on your banking partner and we plan to continue to prove to the business community who the Best Bankers are in California.

About the Bank

“Bank on the Difference”

It is prudent for businesses to have a long-term Banking Partnership that is safe and secure. CommerceWest Bank is FDIC insured and operates with a Fortress Balance Sheet, Strong Liquidity and Strong Capital Ratios that are well above regulatory required levels. The Bank is simply built to last!

Our Bank embodies a culture of Bankers whose only objective is to deliver unparalleled service to the business community vs. being all things to all people like most banks today. By being all things to some people, CommerceWest Bank can provide customized and personally tailored banking services to businesses throughout California.

CommerceWest Bank services our clients by providing them advanced and convenient banking tools to free up their time. Our goal is to promote a partnership where we cater to our clients’ needs by providing exceptional service, whether it be in person, via phone, zoom, email, online or through mobile banking. We take pride in knowing that our team can and has accomplished this while providing a tailored and personalized experience for each client, without them physically coming into an office. It is clear this is the future of Banking.

FAMILY-OWNED BUSINESS AWARDS

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2021-07-19T07:00:00.0000000Z

2021-07-19T07:00:00.0000000Z

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