Share This Page

Federal Reserve Board announces approval of application

September 25, 2017 / Source: FRB

Press Release

September 21, 2017

Federal Reserve Board announces approval of application by PacWest Bancorp

For release at 05:00 p.m. EDT

The Federal Reserve Board on Thursday announced its approval of the application under section 3 of the Bank Holding Company Act by PacWest Bancorp, Beverly Hills, California, to acquire CU Bancorp and thereby indirectly acquire California United Bank, both of Los Angeles, California.

Attached is the Board's order relating to this action.

For media inquiries, call 202-452-2955.

Attachment (PDF)

Related Information

Board Votes

Last Update: September 21, 2017