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CVB reports solid quarter

Citizens Business Bank Posts Profits

CVB Financial Corp., the parent company of Ontario-based Citizens Business Bank, reported net income of $26.8 million during the second quarter of this year. That represents a $1.3 million increase compared with the second quarter of 2014, or 5.2 percent, according to CVB Financial’s second quarter earnings report, which was …

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Bank makes local charitable donations

Inland Empire Starts 2014 with a Bang.002

The Bank of America Charitable Foundation is helping several non-profit entities in the Inland Empire. The organization recently donated $205,000 to 23 non-profits in Riverside and San Bernardino counties, with the money earmarked for workforce development and education, according to a statement released Tuesday. Path of Life Enterprises, the San …

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Inland credit unions show strength

Inland Empire Business News April 5th.003

Credit unions raised their profile in the Inland Empire during the past year. The 25 credit unions based in the Inland Empire issued approximately $1.2 billion in loans during the one-year period that ended March 31, according to data released recently by the California Credit Union League. That was a …

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IE credit union has strong first quarter

Inland Empire Business News August 13, 2014.002

Altura Credit Union enjoyed a solid first quarter, a three-month period highlighted by the reopening of one of its main branch offices. The Riverside-based financial institution reported net income of $2.3 million and assets of nearly $800 million during the first three months of this year, according to the company’s …

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Bank posts solid income gain

Inland Empire Braces for Shopping Season.002

Provident Savings Bank reported a positive third quarter this week. The Riverside-based bank reported a net income of $2.6 million for the quarter, with cash dividends of 12 cents per share to be paid to its stockholders, according to a company statement. That’s an 86 percent increase compared with Provident …

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IE bank posts solid quarter

Security Bank Takes Over Inland Empire Bank

Riverside-based Security Bank of California reported solid earnings growth during the first quarter of this year. Security Bank had a net income of $1.2 million during the quarter, a 19 percent gain compared with the first quarter of 2014, according to a statement released Tuesday by Security California Bancorp, the …

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