Community West Bancshares Announces Quarterly Dividend.GOLETA, Calif.--(BUSINESS WIRE)--Dec. 18, 1998--Lew Stone, president and chief executive officer of Community West Bancshares (Nasdaq:CWBC CWBC Constant-Weight Binary Code ), announced that the board of directors, at its regularly scheduled meeting on Dec. 17, 1998, declared a quarterly dividend of 4 cents, for shareholders of record on Jan. 5, 1999, payable on Jan. 20, 1999. Stone said, "The board believes that it is now prudent to institute this policy of regular quarterly dividends to shareholders." Community West Bancshares is a financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. company with headquarters in Goleta. Goleta National Bank, subsidiary of the company, has loan production offices located in Alabama Alabama, indigenous people of North America Alabama (ăləbăm`ə), indigenous people of North America whose language belongs to the Muskogean branch of the Hokan-Siouan linguistic stock (see Native American languages). , California, Florida, Georgia, and Nevada. In addition, Goleta National Bank is majority owner of Electronic Paycheck LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . Palomar Savings & Loan Association, subsidiary of the company, has two full service branches and a loan production office, all located in Escondido, Calif. This release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that reflect management's current views of future events and operations. These forward-looking statements are based on information currently available to the company as of the date of this release. It is important to note that these forward-looking statements are not guarantees of future performance and involve risks and uncertainties, including, but not limited to, the ability of the company to continue to pay dividends. The company's actual results may differ materially from those in the forward-looking statements as a result of various important factors, including general economic conditions and "competition" as described in the company's Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended Dec. 31, 1997. |
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