Small businesses in the Inland Empire are apparently looking to upgrade. SBA 504 loans were up 31 percent year-over-year in Riverside and San Bernardino counties for the nine-month period that ended June 30, said Larry Nuffer, spokesman for CDC Small Business Finance in San Diego. Small businesses in the two-county …
Read More »CVB Financial reports earnings
CVB Financial Corp., the parent company of Citizens Business Bank, reported earnings for the second quarter of this year. That was essentially unchanged compared with the first quarter of this year, but a $2.9 million increase year over year, according to data released Thursday by the Ontario-based financial institution. Earnings per …
Read More »On The Move
Rodrigo Guerra Jr. has been named to the board of directors of CVB Financial Corp. Guerra, whose appointment was effective July 1, was also named a director of Ontario-based Citizens Bank, according to a statement. When he retired last year, Guerra was a partner in the Los Angeles law office …
Read More »Bank to announce quarterly earnings
Ontario-based CVB Financial Corp. and its principal subsidiary, Citizens Business Bank, will announce its financial results for the second quarter on July 19. The results will be released after the market closes that day, according to a statement. Company officials are scheduled to hold a conference call at 7:30 a.m. …
Read More »Inland Empire credit union members are smart with their money
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 »