CommerceWest Bank Appoints Warren J. Manogue as Regional Vice President of the Inland Empire

CommerceWest Bank Appoints Warren J. Manogue as Regional Vice President of the Inland Empire

NEWPORT BEACH, Calif. — Mr. Ivo A. Tjan, Chairman and CEO of CommerceWest Bank (OTCBB:CWBK) announced the appointment of Mr. Warren J. Manogue as Regional Vice President of the Inland Empire. The bank recently signed a lease in the city of Corona for their new Inland Empire Business Center.

“Mr. Manogue will be a great asset to the organization bringing with him 20 years of experience in the banking industry,” states Mr. Tjan. “He will be responsible for opening the Inland Empire Business Center which will be located in Corona, California. We feel strongly that the Inland Empire Region is one of the fastest growing business communities in Southern California. The new location will allow us to penetrate the market and rapidly expand our market share in the region.”

Mr. Manogue states, “CommerceWest Bank gives the Southern California Business Community a refreshing approach to business banking. I envision great success with this new approach in the Inland Empire.”

Mr. Manogue was most recently a Vice President and Priority Banking Manager with Union Bank of California. He has also held prior Vice President and management positions for First Interstate Bank and Home Savings of America. His background is in business and commercial banking, relationship management, and wealth management.

“CommerceWest Bank has the ability to set a standard for service to the business community in this new market area,” states Mr. Manogue. “In addition, with the high growth rates of the Inland Empire area expected to continue for many years to come, I am very optimistic about the impact and presence we will have over time.”

About CommerceWest Bank

CommerceWest Bank is headquartered at 4701 Von Karman Avenue in Newport Beach, with its Orange County Business Center at 4685 MacArthur Court in Newport Beach, adjacent to John Wayne Airport and offers a wide range of business banking services, including SBA Lending to the Southern California business marketplace. CommerceWest Bank will create a complete banking experience for each client, catering to businesses and their specific banking needs, while accommodating our clients and providing them high-quality, low-stress, and personally tailored banking and financial services.

COPYRIGHT 2004 Business Wire

COPYRIGHT 2004 Gale Group