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August 24, 2009 - 9:05 AM EDT

California United Bank to Honor Brothers Jon Schotz & Eric Schotz with Its Annual Community Service Award

California United Bank (OTCBB: CUNB) today announced that Jon Schotz and Eric Schotz will be the recipients of the Annual CUB Community Service Award. Presentation of the award will take place at the dinner following CUB’s 3rd Annual Golf Tourney on October 26, 2009, at El Caballero Country Club in Tarzana. Proceeds from the event will go to the Boys & Girls Club of the West Valley to help support its programs that benefit more than 2,500 children each year.

The evening will be filled with great food, an incredible live auction and the opportunity to take home a trophy. Participants in the tournament will enjoy a fun day of golf, including a “hole-in-one car,” a “longest drive” and a putting contest. The golfing event will conclude with an awards reception and dinner at the Country Club.

“Both Jon and Eric Schotz are very deserving of this year’s Community Service Award,” said David Rainer, Chairman, President and Chief Executive Officer. “Their continued leadership and contributions to both the Los Angeles business community and the West Valley Boys & Girls Club serve as important reminders that every individual can make a difference. California United Bank is dedicated to serving our community and honoring those who share that commitment.”

Mr. Rainer continued, “Over the past three years, CUB’s philanthropic involvement with the Boys and Girls Club has grown and we expect this year’s event to be another great success. We are grateful to Eric and Jon and to all our other players and sponsors for their commitment to such a worthy organization. By working together as a community, we will continue to help today’s young people become tomorrow’s citizens.”

About Jon & Eric Schotz

Jon Schotz is a Co-founder, Partner and Chief Investment Officer of Saybrook Capital, a Los Angeles based financial services firm. Mr. Schotz has over 25 years of distressed investing and financial advisory experience, most notably in the areas of the tax-exempt market. Mr. Schotz served as the financial advisor to the Orange County Investment Pool Creditors’ Committee and helped lead Saybrook’s team that restructured and disposed of more than $1 billion in letter-of-credit portfolios for both domestic and Japanese banks. Mr. Schotz received his BA and MPPM degrees from Yale University.

Eric Schotz, President and CEO of LMNO (Leave My Name Off) Productions, is a nine-time Emmy-award winner whose innovative style and creativity has established him as one of the television industry's foremost producers/directors of non-fiction and reality-based programming. LMNO Productions, established in 1989, as a small, independent television production company, has become a full-service studio with 150 employees and over 600 programs and 50 different series to its credit. LMNO is one of the foremost providers of reality, documentary, informational and entertainment programming for network, cable and syndicated television.

About the Boys & Girls Club

The Boys & Girls Club of the West Valley was founded in 1995 as a response to the local need for safe, healthy, productive activities for at-risk youths during non-school hours. Serving more than 2,500 children each year, the Club provides a safe, positive and productive program that combines education, fun and teaching of life skills primarily for children from families below the poverty level. The Club provides after-school programs at its Main Clubhouse in Canoga Park, at Blythe and Reseda Elementary Schools, Canoga Park High School, and the affordable housing community of Tierra de Sol. A full camp program is offered at the Main Clubhouse as well.

The Club is located at 7245 Remmet Ave., Canoga Park, CA 91303. Telephone: (818) 610-1054. Additional information on the Golf Tourney can be obtained from Jodi Martinez at California United Bank, (818) 257-7776.

California United Bank provides a full range of financial services, including credit and deposit products, cash management, and Internet banking for businesses and high net worth individuals. The Bank operates from its headquarters office at 15821 Ventura Boulevard, Suite 100, Encino, CA 91436; West Los Angeles Regional Office at 1640 South Sepulveda Boulevard, Suite 114, Los Angeles, CA 90025; Santa Clarita Valley Regional Office at 25350 Magic Mountain Parkway, Suite 100, Valencia, CA 91355; and Conejo Valley Loan Production Office at 4333 Park Terrace Drive, Suite 215, Westlake Village, CA 91361. Information on products and services may be obtained by calling (818) 257-7700 or visiting the Bank’s website at

Source: Business Wire (August 24, 2009 - 9:05 AM EDT)

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