Banking Reports

CVB Financial Corp. the holding company for Ontario-based Citizens Business Bank, has been named one of the most trustworthy mid-cap banks in the United States for the first quarter of 2015 by Forbes magazine. The list of the 50 most trustworthy financial companies is based on accounting and governance practices, …

Citizens Business Bank has been ranked among the country’s top banks in its size group by a national publication. For the second consecutive year, Bank Director magazine placed the Ontario-based financial institution among the top five U.S. banks with assets of $5 billion to $50 billion, according to a statement …

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 …

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 …

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 …

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 …