COMMUNITY WEST BANCSHARES /
EXHIBIT 10.19
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<TYPE>EX-10.19
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<DESCRIPTION>EXHIBIT 10.19
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                                                                   Exhibit 10.19

                      Federal Reserve Bank of San Francisco
                     101 Market Street, San Francisco  94105



                              November 6, 2003

Ryan Schlichting
Manager, Enforcement
Banking Supervision and Regulation



Mr. Llewellyn Stone
President and Chief Executive Officer
Community West Bancshares
455 Pine Avenue
Goleta, California  93117

Dear Mr. Stone:

     This is in regards to the Memorandum of Understanding (the "MOU") between
Community West Bancshares ("Bancshares") and the Federal Reserve Bank of San
Francisco (the "Reserve Bank"), effective February 22, 2001.

     Our records indicate that Bancshares has continued to sustain compliance
with the Reserve Bank's MOU since the fourth quarter of 2001, including the
correction of 23 A & B violations of law, strengthening of internal controls,
reduction of the level of debt, and improved capital planning.  Moreover, our
review indicates that the subsidiary bank, Goleta National Bank has achieved
full compliance with the Office of the Comptroller of the Currency's consent
order dated October 28, 2002, which was lifted on October 21, 2003.  As a result
of the findings noted above, the Reserve Bank hereby rescinds the MOU.

     As part of this Reserve Bank's initiative to conduct a risk-focused
supervisory program, we will continue to monitor your institution's risk profile
using bank and holding company regulatory reports, public information, and the
examination reports we receive from your primary bank supervisor.  Should you
have any questions, please do not hesitate to contact us.


                              Sincerely,

                              /s/ Ryan D. Schlichting



                  Telephone: (415) 974-2896 FAX: (415) 974-2855
                       Email: ryan.schlichting@sf.frb.org


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