THE ANGEL–(BUSINESS WIRE) – CBB Bancorp, Inc. (“CBB” or the “Company”) (OTCQX: CBBI), the parent company of Commonwealth Business Bank (the “Bank”), announced today that Martin Feuer has been appointed to its board of directors as well as the board of directors of the subsidiary bank of the company. The appointment to the individual committees will take place on July 8, 2021.
Mr. Feuer has over 40 years of financial services experience, currently as a Principal at Compliance Advisory Services, a consulting firm that provides compliance risk, financial crime regulation and governance advisory services to the financial services industry. His previous management experience included senior positions at MFUG Union Bank, Deloitte & Touché and Zurich Financial Services.
“We are excited to welcome Mr. Feuer to our board of directors,” said Soon Han Pak, chairman of the company and the board of directors. “His regulatory, risk management and financial services expertise will be invaluable as the bank continues to grow and expand.”
About CBB Bancorp, Inc .:
CBB Bancorp, Inc. is the holding company of Commonwealth Business Bank, a full-service commercial bank specializing in small and medium-sized businesses, trading as “CBB Bank”. The bank has ten full-service branches in Los Angeles and Orange Counties, California, as well as Dallas Counties, Texas and Hawaii; two SBA regional offices in Los Angeles and Dallas Counties; and five loan production offices in Texas, Georgia, Colorado, and Washington.
Further information is available at www.cbb-bank.com.
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