Credit union members in the Inland Empire are spending their money wisely, according to a report released Monday. Among local residents who belong to Inland Empire-based credit unions, first mortgages rose 12 percent during the first quarter of this year, to $401 million, the Ontario-based California Credit Union League reported. …
Read More »CVB Financial posts another dividend
Ontario-based CVB Financial Corp., the holding company for Citizens Business Bank, has announced a 14 cent per share cash dividend for the second quarter. That dividend, which was approved by the board of directors Wednesday, will be payable on or about July 20 to all shareholders of record on July …
Read More »BofA helps local nonprofits
Bank of America has awarded $387,500 to 43 nonprofit agencies in the Inland Empire. The economic mobility grants were given to organizations that help people achieve financial success, mostly through mentorship, skills training and by offering financial education, according to a statement. Feeding America Riverside/San Bernardino Counties, Community Health Action …
Read More »CVB Financial posts strong first quarter
Ontario-based CVB Financial Corp. and its subsidiary, Citizens Business Bank, reported net income of $28.5 million for the first quarter of this year. That’s an increase of $1.4 million from the fourth quarter of 2016 and a $5.1 million increase year-over-year, according to a statement released Tuesday by CVB Financial. …
Read More »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, …
Read More »CVB to announce earnings
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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