Commercial Capital Bank to Deploy Penley's Web-Based Service; Fast Watch Provides Comprehensive USA Patriot Act Solution for California's Fastest Growing Bank.

Business Editors

DULUTH, Ga.--(BUSINESS WIRE)--July 17, 2003

Commercial Capital Bank, the fastest growing bank in California and a subsidiary of Commercial Capital Bancorp, Inc. (NASDAQ: CCBI), has chosen Penley's Fast Watch solution to comply with the requirements of OFAC and Section 326 and 314(a) of the USA Patriot Act. Commercial Capital Bank is implementing Fast Watch for identify verification of new accounts, customer records storage, Section 326 government list checks, 314(a) screens and OFAC checks.

"It is critical for our bank to meet all required regulations of the Patriot Act and Fast Watch enables complete compliance. However, we believe the real value of using Fast Watch is the additional protection against our risk of identity fraud. Through the identity verification component of the solution, Fast Watch cross checks the broadest data available and ensures that we have enough information to make correct decisions when opening new accounts," said Maleka Ali, Vice President/Retail/BSA Officer at Commercial Capital Bank. "Furthermore, customer service is a differentiator for Penley. Penley's willingness to listen to customers and take immediate action leads to a quality compliance solution and an excellent working relationship."

"Penley is committed to delivering the industry's best identity verification product for USA Patriot Act compliance," said Cleve B. Shultz, Penley's Executive Vice President. "We are excited to offer community banks like Commercial Capital Bank the most comprehensive, easy-to-use and cost effective solution that ensures compliance while reducing the opportunity for identity fraud."

Company Information

About Penley, Inc.

Penley is the leader in Financial Account Integrity. The company provides financial institutions with easy-to-use technology solutions for identity validation and automated enrollment of new accounts. For financial institutions that need a value-driven identity verification service, Penley's Fast Watch provides complete OFAC and USA Patriot Act Section 326 and 314(a) compliance as well as protects against identity fraud. The company's advanced technology platform ensures the delivery of superior services as well as best-of-breed automation, security, and technology. For more information or to "take a test drive," please visit www.penleyinc.com.

About Commercial Capital Bank

Commercial Capital Bancorp, Inc., headquartered in Irvine, CA, is a multifaceted financial services company which provides financial services to meet the needs of its client base which include income-property real estate investors, middle market commercial businesses, and high net-worth individuals, families and professionals. At March 31, 2003, CCBI had total assets of $1.2 billion, was the 3rd largest multi-family lender in California during the 12 months ended March 31, 2002 and has originated over $2.2 billion in multi-family and commercial real estate loans through March 31, 2003. Commercial Capital Bank, the Company's bank subsidiary, was the fastest growing banking organization in California, based on percentage growth in total assets over the 36 months ended March 31, 2003 (source: www.fdic.gov). The Bank has full service banking offices located at the Company's headquarters in Irvine, Rancho Santa Margarita, Riverside, and loan origination offices in Sacramento, Corte Madera (Marin County), Oakland, Burlingame, Woodland Hills, Los Angeles, Irvine, and San Diego, CA, and plans to open a banking office in La Jolla, CA in September of 2003. For more information, please visit www.commercialcapital.com.

This release may contain or incorporate by reference forward-looking statements made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any such statements are not guarantees of future performance and involve risks, uncertainties and other factors which may cause our actual performance or achievements to be materially different from any future results, performance or achievements expressed or implied by those statements. Penley undertakes no obligation to publicly update or revise any forward-looking statements to reflect changed assumptions, the occurrence of anticipated or unanticipated events or changes to future results over time.