Alex Meruelo

Alex Meruelo is the majority owner of Commercial Bank of California (CBC), a leading financial institution that provides innovative banking solutions to businesses and communities across California. He is a seasoned entrepreneur and successful businessman with a diverse portfolio that spans across real estate, entertainment, gaming, banking and media. His leadership has been instrumental in growing CBC into a trusted and innovative banking partner for clients seeking personalized and impactful financial services.

Meruelo is the founder and principal of the Meruelo Group, a privately held company providing strategic consulting and business support services to a diversified group of client companies across a wide range of industries including: construction and engineering, hospitality and gaming, television, radio, real estate, food services, financial services and private equity. Among his notable past investments, Meruelo was the former owner of the Arizona Coyotes, an NHL team, which he sold at the end of the 2024 season. He is also a significant stakeholder in Sahara Las Vegas, KWHY-TV in Los Angeles and iconic full market FM radio stations including KPWR “Power 106”, 95.5 KLOS and the all new, KLLI – FM, Cali 93.9. His ability to identify growth opportunities and lead diverse business ventures has positioned him as a prominent figure in both the corporate and sports worlds.

As the majority owner of CBC, Meruelo has helped guide the bank’s expansion and its reputation for excellence in financial services. Under his stewardship, CBC has remained focused on providing innovative banking solutions tailored to the unique needs of its clients. Whether it’s through specialized lending, commercial banking or treasury services, CBC’s growth is a testament to Meruelo’s commitment to delivering value and building lasting relationships with businesses and individuals in the region.

A Cuban-American immigrant, Meruelo’s journey from modest beginnings to becoming a successful business leader is a testament to his resilience and determination. His entrepreneurial spirit and dedication to community development have shaped his business philosophy, one that emphasizes social responsibility, customer focus, and economic empowerment.

Today, under Alex Meruelo’s leadership, Commercial Bank of California continues to thrive as a forward-thinking financial institution. Through a customer-first approach and a commitment to innovative banking solutions, CBC remains well-positioned to support the financial aspirations of its diverse client base, continuing Meruelo’s legacy of business success and community growth.