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Tag Archives: Banking Reports

CVB Financial has strong quarter

Citizens Business Bank

Ontario-based CVB Financial Corp., the parent company of Citizens Business Bank, had a net income of $29.7 million for the third quarter. That was an increase of $1.3 million compared with the second quarter and a $4.2 million increase year-over-year, according to the company’s third quarter report. Earnings per share …

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Alta Pacific posts solid quarter

AltaPacific Bank

Alta Pacific Bancorp has announced an income of nearly $3.9 billion, or 54 cents per share, for the first nine months of this year. The financial institution, the parent company of Alta Pacific Bank, had a net income of $875,000 – 13 cents per share – for the third quarter, …

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Local credit union named a good place to work

Altura Credit Union in Riverside has been named one of the best credit unions to work for in the United States by a leading trade publication. Credit Union Journal ranked Altura one of top 45 employer-friendly credit unions nationally, and 12th among credit unions with more than $1 billion in …

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Bank of America helps local nonprofits

Bank Helps Inland Empire Charities

Twenty-six nonprofit agencies in the Inland Empire have been given a boost by the Bank of America. The organizations, which address a number of economic development issues in Riverside and San Bernardino counties, collectively received $282,500 in economic mobility grants, according to a statement released Tuesday. The grants, which are …

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CVB Financial posts another dividend

CVB Financial Corp. has announced a cash dividend of 14 cents per share for the third quarter of this year. The Ontario-based financial institution has now paid a dividend to its shareholders for 112 consecutive quarters, said Christopher D. Myers, CVB Financial’s president and chief executive officer, in a statement. …

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Local credit unions pump out auto loans

Auto loans help local credit union growth

Inland Empire credit union members took out loans for new and used automobiles at a solid pace during the second quarter. Loans for new vehicles during that period totaled $446 million, a figure not reached in the Inland region since 2006, according to data released Friday by the Ontario-based California …

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