UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT OF 1934
Date of Report (Date of earliest event reported): May 20, 2014
 
Commission File Number: 000-23575

COMMUNITY WEST BANCSHARES
(Exact name of registrant as specified in its charter)
 
California
77-0446957
(State or other jurisdiction of incorporation or organization)
(I.R.S. Employer Identification No.)

445 Pine Avenue, Goleta, California
93117
(Address of principal executive offices)
(Zip code)

(805) 692-5821
(Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General instruction A.2.below):
 
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 



Item 8.01. Other Events.

The Company received regulatory approval for the redemption of 50% of the Community West Bancshares’ Series A Preferred Stock (“preferred stock”).  The effective date for the redemption will be June 20, 2014.  The redemption price for shares of preferred stock will be the stated liquidation value of $1,000 per share, plus any accrued or unpaid dividends that have been earned up to, but not including, the date of redemption.


SIGNATURES

Pursuant to the requirement of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
 
Date: May 20, 2014
COMMUNITY WEST BANCSHARES
 
  By:
/s/Charles G. Baltuskonis
 
 
Charles G. Baltuskonis
 
 
Executive Vice President and
 
 
Chief Financial Officer