Founded in 1989, Community West Bank is celebrating 25 years in business. Over the years, the bank has grown and now has $550 million in assets and 130 employees at five branches (Goleta, Santa Barbara, Santa Maria, Ventura, and Westlake Village).
Community West Bank was founded as Goleta National Bank in 1989. In 2004, the name changed to Community West Bank to better reflect the bank’s expanding footprint while emphasizing its three core services: relationship banking, mortgage lending and small business administration (SBA) lending. The mortgage lending department has been originating residential real estate loans in Santa Barbara and Ventura counties since 1995. The bank’s manufactured housing finance program was started to help address issues of affordable housing on the Central Coast.
As a preferred SBA lender, Community West Bank offers 7(a) loans, 504 loans, USDA Business, Industry & Farm Service Agency loans, conventional and investor commercial real estate loans, and government guaranteed lending throughout California.
Since its inception, Community West Bank has maintained its emphasis on business banking. It offers a full-range of commercial and retail banking services for mid-market companies, manufacturers, wholesalers, distributors, medical technology companies, service companies, retailers and more.