Federal Reserve Board announces approval of application
September 25, 2017 / Source: FRB
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.
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Last Update: September 21, 2017