BANKING

Bank Reaches Accord on Capital: CU Bancorp said its California United Bank unit entered into an agreement with the Office of the Comptroller of the Currency. The agreement requires the bank to maintain certain levels of capital, but the company said the bank’s capital now exceeds all mandated levels, and no new capital will be needed to meet the OCC requirements. The agreement also requires a written program to reduce assets considered shaky, maintain adequate loan loss reserves, and improve loan administration, real estate appraisal, asset review, management and liquidity policies.