California United Bank Names Sam Kunianski as Senior Vice President - Executive Manager, Commercial Banking.

ENCINO, Calif. -- California United Bank (OTCBB:CUNB) today announced that Sam Kunianski has joined the Bank as Senior Vice President - Executive Manager, Commercial Banking. Mr. Kunianski is a veteran of 22 years in the commercial banking business, most recently with U.S. Bank in Los Angeles, where his focus was middle market commercial lending. He will be based in California United Bank's West Los Angeles Office, presently expected to open in mid June 2006.

"Sam is a welcome addition to our team," said David I. Rainer, President and Chief Executive Officer. "We have worked together for many years, and he has outstanding experience and expertise in middle market banking. Sam will help us accelerate growth, client satisfaction and visibility in this important commercial segment of our business."

Kunianski will be responsible for driving new business in the middle market business segment, as well as recruitment in this area. Prior to U.S. Bank, Kunianski was in senior management with Mr. Rainer at Santa Monica Bank and at Pacific Century Bank (formerly California United Bank). Kunianski, who started in banking at Wells Fargo in Los Angeles, is a graduate of the University of Colorado, Boulder and holds a Bachelor of Science degree, with emphasis in finance.

About California United Bank

California United Bank provides a full range of financial services, including credit and deposit products, cash management, and internet banking for businesses and high net worth individuals from its headquarters office at 15821 Ventura Boulevard, Suite 100, Encino, CA 91436. Information on products and services may be obtained by calling [phone] or visiting the Bank's website at www.californiaunitedbank.com.

{NOTE}:

This news release contains forward-looking statements about the Bank for which the Bank claims the protection of the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995.

Forward-looking statements are based on management's knowledge and belief as of today and include information concerning the Bank's possible or assumed future financial condition, and its results of operations, business and earnings outlook. These forward-looking statements are subject to risks and uncertainties. A number of factors, some of which are beyond the Bank's ability to control or predict, could cause future results to differ materially from those contemplated by such forward-looking statements. These factors include (1) the unknown economic impact of state budget issues, (2) changes in interest rates, (3) significant changes in banking laws or regulations, (4) increased competition in the Bank's markets, (5) other-than-expected credit losses due to real estate cycles or other economic events, (6) earthquake or other natural disasters affecting the condition of real estate collateral or the business environment, and (7) the impact of changes in regulatory, judicial, or legislative tax treatment of business transactions. Management cannot predict at this time the extent of the economic recovery, and a slowing or reversal could adversely affect our performance in a number of ways including decreased demand for our products and services and increased credit losses. Likewise, changes in deposit interest rates, among other things, could slow the rate of growth or put pressure on current deposit levels. Forward-looking statements speak only as of the date they are made, and the Bank does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the statements are made.