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Pasadena, CA, June 24, 2011 – OneWest Ban N.A., one of the largest regional banks in Southern California, today announced that Scott Scheeringa has been named Head of Commercial Banking. Mr. Scheeringa will become a member of the Bank’s Management Committee and will be based at OneWest’s corporate offices in Santa Monica, California.

Mr. Scheeringa has 28 years of experience of adding value to customer relationships through client management and his broad range of product expertise. Most recently, Mr. Scheeringa led U.S. Bank’s national commercial banking focus in business development, prospect management, and commercial banking administration. Prior to joining U.S. Bank, he spent nine years at Union Bank, where he held positions in Commercial Real Estate, Financial Management, and Commercial Banking.

“We are pleased to have Scott joining our team and heading the Commercial Banking Group. We are on a mission to build a premier Wholesale Banking platform and having Scott’s leadership and capabilities will play a critical role in these efforts,” said Joseph Otting, President and Chief Executive Officer of OneWest Bank.

“Joining OneWest and their talented group of bankers presents a wonderful opportunity to be part of creating a leading regional bank. I look forward to assisting in the growth and development of the organization,” said Mr. Scheeringa.

Media Contact:
Sard Verbinnen & Co
Charles Sipkins
csipkins@sardverb.com
(310) 201-2040