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Thursday, February 9, 2012

CommerceWest Bank Announces Stock Repurchase Program

CommerceWest Bank (OTCBB:CWBK) today announced that on January 31, 2012 its Board of Directors has authorized the repurchase of up to $350,000.00 of the Bank's outstanding shares (approximately 60,869 shares as of January 31, 2012) pursuant to its stock repurchase program. The repurchase of stock by the Bank may be effected through open market or private transactions, subject to the Bank's assessment of market conditions and buying opportunities from time to time. Ivo A. Tjan Chairman and CEO (Ph...continued
     

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