Altura Credit Union reported net income of $2.6 million during the second quarter of this year, up from $2.1 million compared with the second quarter of 2015. During the first half of this year, the Riverside-based financial institution had a net income of $5.87 million, according to the company’s second …
Read More »Second Quarter is a Mixed-Bag for CVB Financial
Ontario-based CVB Financial Corp., the holding company for Citizens Business Bank, has reported second quarter net income of $25.5 million. That represented an increase of $2.1 million compared with the first quarter of 2016 but a decrease of $1.3 million year-over-year, according to a statement released Wednesday. Earnings per share …
Read More »Bank Reports Solid Quarter
Alta Pacific Bancorp., the parent company of AltaPacific Bank, has reported a net income of $1.1 million, or 19 cents per share, for the second quarter. During the first six months of the year, the financial institution – which has a strong presence in the Inland Empire – reported a …
Read More »Inland Empire Credit Unions Keep Growing
Inland Empire credit unions kept flexing their muscle during the first quarter of this year. The region’s 23 credit unions increased their membership by 13 percent – to 336,000 members – during that time compared with the first quarter of 2015, according to data released Monday by the California and …
Read More »Long-Time Inland Empire Banker Decides to Change Careers
Gene Valdez left Citizens Business Bank to start a company that coaches CEO’s on how to start or improve their business. It’s an unusual move for someone who’s been in banking for 30 years, but Valdez said it’s what he needs to do. Most people would never dream of walking …
Read More »Altura CEO to Step Down
Mark Hawkins, president and chief executive officer of Altura Credit Union, is retiring. Hawkins will step down Feb. 17 after the board of directors selects his replacement, according to a statement posted on Altura’s website. Under Hawkins’ 29 years of leadership, Altura became the largest credit union based in the …
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