IRVINE, Calif., Aug. 17, 2015 /PRNewswire/ -- CommerceWest Bank (OTCBB:CWBK) ranked as the 2nd healthiest bank in America for 2015 by DepositAccounts.com. DepositAccounts.com evaluates the financial health of banks and credit unions. The financial health of a bank is important especially for people that maintain balances over the $250,000 maximum insured limit.
CommerceWest Bank received an A+ rating for deposit growth, capitalization and the Texas Ratio, which is an indicator of how much capital a bank has available compared to the total value of loans considered at risk.
Mr. Ivo A. Tjan, Chairman and CEO of CommerceWest Bank commented, "It is a privilege to be recognized as the 2nd healthiest bank in America." He continued, "CommerceWest Bank was built on the conviction that clients deserve more from their bank. Our team continues to execute on our unique business model, while providing a safe and secure banking experience that is truly one of a kind."
CommerceWest Bank is a California-based commercial bank with a unique vision and culture of focusing exclusively on the small to mid-size business community. Founded in 2001 and headquartered at 2111 Business Center Drive in Irvine, CA. The Bank serves businesses throughout California with an emphasis on clients in Orange, San Diego, Los Angeles and Riverside Counties. We are a full service business bank and offer a wide range of commercial banking services, including concierge services, remote deposit solution, online banking, lines of credit, working capital loans, commercial real estate lending, SBA lending, and cash and treasury management services.
Mission Statement: 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.
Please visit www.cwbk.com to learn more about the Bank. "BANK ON THE DIFFERENCE".
SOURCE CommerceWest Bank