United Western Bancorp, Inc. Announces Date of 2010 First Quarter Results

United Western Bancorp, Inc. (Nasdaq: UWBK) announced today that it will release financial results for its first quarter ended March 31, 2010, after the market close on Tuesday, May 4, 2010. Guy A. Gibson, Chairman of the Board, James R. Peoples, Executive Vice President of United Western Bank® and Charles R. Caswell, Chief Financial Officer of United Western Bank® will also host a conference call to review the results and address investor questions. The conference call may include forward-looking statements.

Any investor or interested individual can listen to the teleconference, which is scheduled to begin at 9:00 AM MDT (11:00 AM EDT) on Wednesday, May 5, 2010. To participate in the teleconference, please call toll-free 1-877-941-8609 (or 1-480-629-9786 for international callers) approximately 10 minutes prior to the start time. You may also listen to the teleconference live on the company’s website, www.uwbancorp.com, and accessing the Investor Relations tab, or by accessing

http://www.talkpoint.com/viewer/starthere.asp?Pres=130816. For those unable to attend, an archive of the conference call will be hosted on our website.

About United Western Bancorp

Denver-based United Western Bancorp, Inc. is focused on developing its community-based banking network through its subsidiary, United Western Bank, by strategically positioning branches across Colorado’s Front Range market and certain mountain communities. For more information, please visit our web site at www.uwbancorp.com.