July 16, 2007

Approval of proposal by East West Bank

For immediate release

The Federal Reserve Board on Monday announced its approval of the applications of East West Bank, Pasadena, to merge with Desert Community Bank, Victorville, both of California, and to establish and operate branches at Desert Community Bank's main office and branch locations.

Attached is the Board's Order relating to this action.

Last Update: July 16, 2007