CU Bancorp (NASDAQ: CUNB) and 1 st Enterprise Bank (OTCQB:
FENB) today announced that they have received all bank regulatory
approvals necessary to authorize the merger of 1 st Enterprise
Bank with California United Bank.
CU Bancorp (NASDAQ:CUNB) today announced that at its Annual Meeting of
Shareholders held on November 14, 2014 its shareholders approved the
Agreement and Plan of Merger dated June 2, 2014, as amended and the
merger of 1 st Enterprise Bank (OTCQB:FENB) with and into CU
Bancorp’s wholly owned subsidiary California United Bank, with
California United Bank as the surviving bank (“Merger”). Also on
November 14, 2014, at the 1 st Enterprise Bank Annual Meeting
of Shareholders the shareholders of 1 st Enterprise Bank
overwhelmingly approved the Merger.
CU Bancorp (NASDAQ: CUNB )
today announced that on November 30, 2014, it completed its previously
announced acquisition of 1 st Enterprise Bank (OTCQB:FENB)
through the merger of 1 st Enterprise Bank with and into
California United Bank, the wholly-owned subsidiary of CU Bancorp.
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