Exhibit 99.1

                              FOR IMMEDIATE RELEASE

Contact: Stephen H. Gordon  Chairman & CEO         Telephone:  (949) 585-7500
         David S. DePillo   President & COO        Facsimile:   (949) 585-0174

COMMERCIAL CAPITAL BANCORP, INC.  ANNOUNCES
BANKING EXPANSION INTO SAN DIEGO COUNTY

IRVINE, CA - March 17, 2003- Commercial Capital Bancorp, Inc. ("CCBI" or the
"Company"), (NASDAQ: "CCBI"), announced today that its bank subsidiary,
Commercial Capital Bank (the "Bank"), has entered into a lease agreement to open
its fourth banking office; the Company's first in San Diego County. The new
banking office, located in the Village of La Jolla, CA, at 7825 Fay Avenue, is
part of the Company's strategy of providing high-end, business, private and
relationship banking services to its clientele of income-property real estate
investors, middle market commercial businesses, and high net-worth individuals,
families and professionals. The location, near the intersection of Prospect
Place and Fay Avenue, offers significant visibility and abundant parking, while
providing easy access for the Company's clientele. Tenant improvement
construction is expected to begin in the latter part of April, and be completed
in August 2003.

Stephen H. Gordon, Chairman and Chief Executive Officer stated, "The Company
intends to selectively open a few banking offices in strategic locations where
the Company already has existing concentrations of franchise relationships with
income-property real estate investors, middle market commercial businesses, and
high net-worth individuals, families and professionals." Mr. Gordon continued,
"The opportunity in San Diego County is to efficiently and profitably bring
banking products and services to expand on the Company's already established
market presence."

It is planned that Financial Institutional Partners Mortgage Corporation
("FIPMC"), the Company's multi-family and commercial mortgage banking
subsidiary, will relocate its San Diego-based loan agents into the new La Jolla
banking office, creating greater operating efficiencies and opportunities to
provide banking services to the Company's existing borrower clientele. Since its
inception in 1998, FIPMC has originated and funded over $180 million in
multi-family and commercial real estate loans in San Diego County. The Bank
already has over $10 million of deposits from San Diego County-based clients.

CCBI, headquartered in Irvine, CA, is a multifaceted financial services company
which provides financial services to meet the needs of its client base of
income-property real estate investors, middle market commercial businesses, and
high net-worth individuals, families and professionals. At December 31, 2002,
CCBI had total assets of $849.5 million, and its subsidiary, Commercial Capital
Bank was the fastest growing banking organization in Orange County, based on
percentage growth in total assets on a quarterly basis over the 24 months ended
September 30, 2002 (source: www.fdic.gov). The Bank has three full service
branches located at the Company's




headquarters in Irvine, Rancho Santa Margarita, and in Riverside, CA. FIPMC, the
Company's mortgage banking subsidiary, was the 4th largest multi-family lender
in California during the 12 months ended December 31, 2002. FIPMC has originated
approximately $2.0 billion in multi-family and commercial real estate loans
since its inception through December 31, 2002 and has loan origination offices
in Sacramento, Corte Madera (Marin County), Oakland, Burlingame, Woodland Hills,
Los Angeles, Irvine, and San Diego. ComCap Financial Services, Inc., the
Company's NASD registered broker dealer, provides fixed income and
mortgage-backed securities advisory and brokerage services to corporations, high
net worth individuals and other financial institutions.

This release may include forward-looking statements (related to each company's
plans, beliefs and goals), which involve certain risks, and uncertainties that
could cause actual results to differ materially from those in the
forward-looking statements. Such risks and uncertainties include, but are not
limited to, the following factors: competitive pressure in the banking industry;
changes in the interest rate environment; the health of the economy, either
nationally or regionally; the deterioration of credit quality, which would cause
an increase in the provision for possible loan and lease losses; changes in the
regulatory environment; changes in business conditions, particularly in
California real estate; volatility of rate sensitive deposits; asset/liability
matching risks and liquidity risks; and changes in the securities markets. CCBI
undertakes no obligation to revise or publicly release any revision to these
forward-looking statements.