CUB Moves Into Santa Clarita

California United Bank has received regulatory approval to open a branch in Santa Clarita Valley. The branch, which will be located at Tourney Road and Magic Mountain Parkway, will be the third for the commercial bank, which opened its doors in Encino in May, 2005. William Sloan, who has been senior vice president of CUB since it opened, will head up the new branch. He is a resident of Santa Clarita. The branch is expected to open in the first half of 2007. CUB’s other branch location is in West L.A.