Wednesday , April 17 2024

Banking Reports

Credit unions flex their muscle

Credit unions pumped an estimated $780 million into the Inland Empire economy and produced approximately $87 million in savings to its members during 2016, according to data released Tuesday. Statewide, credit unions had a $17 billion impact on the economy last year, about the same as Kraft Heinz, General Mills, …

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CVB to announce earnings

Citizens Business Bank Posts Profits

Ontario-based CVB Financial Corp., the holding company for Citizens Business Bank, will release its first quarter earnings immediately after the market closes April 25. The following day at 7:30 a.m. PDT, the company will host a conference to discuss all of its financial results for the quarter that ended March …

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CVB Financial has another solid quarter

Ontario-based CVB Financial Corp. has announced a cash dividend of 12 cents per share for the first quarter of 2017. The dividend, which is CVB Financial’s 110th consecutive quarterly cash dividend, was approved by the company’s board of directors on Wednesday, according to a statement. It will be payable on …

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Bank acquisition approved

Inland Empire Financial Earnings

Ontario-based  CVB Financial Corp., the parent company of Citizens Business Bank, will acquire Valley Business Bank in Visalia. The Federal Deposit Insurance Corporation, along with the shareholders of Valley Commerce Bancorp, approved the purchase in February, according to a statement released Tuesday. Valley Commerce Bancorp. is the parent company of Valley …

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BofA recognizes desert charity

Bank Helps Inland Empire Charities

Galilee Center, a facility in Mecca that provides basic needs such as food and clothing to disadvantaged migrants in the Coachella Valley, has received a $200,000 grant from Bank of America. The donation, part of Bank of America’s Neighborhood Builders Program, will allow the Galilee Center in Mecca to continue …

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BofA to distribute nonprofit grants

Bank Helps Inland Empire Charities

Bank of America is accepting applications for grants intended for nonprofit organizations in the Inland Empire. The grants are designed to promote economic mobility, workforce development, education, shelter and hunger relief, according to a statement released Tuesday. Past recipients include Goodwill, Feeding America of Riverside and San Bernardino Counties and …

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