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Kaveh Varjavand Elected To Cu Bancorp Board Of Directors

The following excerpt is from the company's SEC filing.

Los Angeles, CA, August 31, 2015 - CU Bancorp (NASDAQ: CUNB), the parent company of wholly owned California United Bank, today announced that Kaveh Varjavand has been appointed to serve as a Director of CU Bancorp and its subsidiary, California United Bank, effective September 1, 2015.

We are very pleased to welcome Kaveh to the Boards of CU Bancorp and California United Bank; he has broad experience in financial reporting, risk management and regulatory compliance for the banking industry and will add valuable perspective to our Boards, said David Rainer, Chairman and CEO of CU Bancorp and California Un ited Bank. We look forward to benefitting from his knowledge and counsel.

Varjavand is a highly accomplished accounting and financial professional with 29 years of experience in the financial services industry, including 19 years in public accounting, during 14 of which he was a financial services partner.

Varjavand is the founder and president of AARCS LLC (Accounting, Audit, and Reporting Consulting Services), established in 2013...