California United Bank Opens New Regional Branch Office in West Los Angeles.

ENCINO, Calif. -- California United Bank (OTCBB:CUNB) today announced the opening of its West Los Angeles Regional Branch Office at 1640 South Sepulveda Boulevard, Suite 114, Los Angeles, CA 90025. The Bank, which opened for business in May 2005, now has two offices adjacent to the 405 Freeway corridor, in Encino and West Los Angeles. The West Los Angeles Regional Branch Office will be a full service branch, including deposit and lending services, along with an ATM and night drop. The office is located near the intersection of Sepulveda and Santa Monica Boulevards, within a short distance of the 10 and 405 freeway interchange.

"We believe this is a major achievement in a one year span," said David I. Rainer, President and Chief Executive Officer. "Our second office will allow us to better serve the West Los Angeles and nearby areas. Our strong performance and strong capital base have allowed us to expand early in our development."

Along with branch personnel, four experienced relationship managers will comprise the initial staff of the West Los Angeles Office. They are: Sam Kunianski, Commercial Banking; Max Bruno, Commercial and Private Banking; Kevin McElroy, Real Estate and Construction Lending and Aileen Garrigues, Private Banking. Ms. Garrigues, a veteran private banker, recently joined the Bank.

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 and its West Los Angeles Regional Branch Office at 1640 South Sepulveda Boulevard, Suite 114, Los Angeles, CA 90025. 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.