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Stock impact report

Community West Bancshares Receives Regulatory Approvals to Merge With United Security Bancshares

Community West Bancshares (CWBC) 
US:NASDAQ Investor Relations: communitywest.com
Company Research Source: Business Wire
FRESNO, Calif.--(BUSINESS WIRE)--Community West Bancshares (NASDAQ: CWBC), the parent company of Community West Bank, and United Security Bancshares (NASDAQ: UBFO), the parent company of United Security Bank, announced today that the required regulatory approvals from the Federal Deposit Insurance Corporation and the California Department of Financial Protection and Innovation, as well as a waiver from the Federal Reserve Bank of San Francisco, have been received pursuant to the proposed merger in which United Security Bancshares will merge with and into Community West Bancshares as the surviving company, and United Security Bank will merge with and into Community West Bank.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260316784707/en/The closing of the transaction is expected to be completed in the second quarter of 2026, subject to approval by the shareholders of both companies at special meetings scheduled for March Show less Read more
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