Community West Bancshares Completes UBFO Merger

Community West Bancshares has completed its previously announced merger with United Security Bancshares. The transaction is an all-stock deal in which United Security Bancshares shareholders received 0.4520 shares of Community West Bancshares common stock for each UBFO share.

Based on Community West Bancshares’ March 31, 2026 closing price of $23.30 per share, the merger consideration was approximately $185.5 million, or $10.53 per United Security Bancshares common share. The combined company is a Central California-based community bank with approximately $5 billion in total assets and retains banking offices across Central California.

Shareholders approved the merger at special meetings on March 30, 2026, after regulatory approvals and customary closing conditions were satisfied.