Community West Bancshares to Acquire United Security Bancshares in All-Stock Merger

Community West Bancshares (NASDAQ: CWBC) has agreed to merge with United Security Bancshares (NASDAQ: UBFO) in an all-stock transaction. Under the terms of the deal, United Security Bancshares shareholders will receive 0.4520 shares of Community West Bancshares for each share they own. The transaction was completed on April 1, 2026, creating a larger community banking franchise in Central California with approximately $5 billion in total assets.