California United Bank CFO Appointed to LAUP Board of Directors
August 08 2017 - 8:05AM
Business Wire
California United Bank (“CUB” or “the Company”), a subsidiary of
CU Bancorp (NASDAQ: CUNB), today announced that Karen Schoenbaum,
Executive Vice President and Chief Financial Officer of California
United Bank and CU Bancorp, has been appointed to the Board of
Directors of LAUP. She will also serve as Chair of the
organization’s Finance Committee.
“We congratulate Karen on her appointment to the LAUP Board of
Directors,” said David Rainer, Chairman and CEO of California
United Bank and CU Bancorp. “Karen brings expertise in financial
planning, budgeting and reporting, as well as extensive executive
experience to the LAUP Board and Finance Committee.”
Schoenbaum joined CUB in 2009. Before that, she served as
Executive Vice President and Chief Financial Officer of several Los
Angeles-area banks, with assets up to $6 billion, where she was
responsible for Financial and Regulatory Reporting, Accounting,
Treasury, Asset and Liability Management, General Services, the
Corporate Real Estate department and technology. Prior to that, she
worked at the Big 4 accounting firm, EY, from 1985 to 1992.
Schoenbaum serves as a director of the University of Southern
California’s Leventhal Board of Advisors, is a past president of
the University of Southern California’s Accounting Circle, and is
currently a director of the Los Angeles EY Alumni Association.
LAUP was founded with the mission to advance early learning
program quality by supporting the development of the whole child,
growing a qualified and diverse workforce and strengthening family
engagement. Over the last 12 years, the nonprofit organization has
helped over 700 early learning providers elevate their program
quality and prepare over 130,000 young children for kindergarten
and beyond.
About CU Bancorp and California United Bank
CU Bancorp is the parent of California United Bank. Founded in
2005, California United Bank provides a full range of financial
services, including credit and deposit products, cash management,
and internet banking to businesses, non-profits, entrepreneurs,
professionals and investors throughout Southern California from its
headquarters office in Downtown Los Angeles and additional
full-service offices in the San Fernando Valley, the Santa Clarita
Valley, the Conejo Valley, Los Angeles, South Bay, Orange County
and the Inland Empire. California United Bank is an SBA Preferred
Lender. To view CU Bancorp’s most recent financial information,
please visit the Investor Relations section of the Company’s Web
site. Information on products and services may be obtained by
calling 818-257-7700 or visiting the Company’s Web site at
www.cunb.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20170808005368/en/
California United BankKaren SchoenbaumChief Financial
Officer213-430-7072
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