Tuesday , June 18 2024

Tag Archives: Banking Reports

Local Bank Earns Top Honor

Citizens Business Bank Posts Profits

Ontario-based Citizens Business Bank has been named “The Best Bank in America” by Forbes magazine. Forbes used ten metrics involving asset quality, capital adequacy and growth and profitability in establishing the top 100 publicly traded banks in the United States for 2016, according to a statement released Tuesday. Citizens Business …

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Another Solid Quarter for CVB Financial

Citizens Business Bank Posts Profits

CVB Financial Corp. has announced a 12-cent-per-share cash dividend for the fourth quarter of last year. That marked the 105th consecutive quarter the Ontario-based company reported a positive cash dividend, according to a statement. The dividend was approved by CVB Financial’s board of directors at its regular meeting. It will …

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Local Credit Unions Continue to Grow

Inland Empire credit unions are gaining in popularity

Inland Empire credit unions put up some impressive numbers during the third quarter of 2015. The 23 credit unions based in Riverside and San Bernardino counties posted a record $2.57 billion worth of deposits during the quarter, according to a report released Tuesday by the California & Nevada Credit Union …

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Bank Helps Inland Empire Charities

Bank Helps Inland Empire Charities

The Bank of America Charitable Foundation distributed $227,500 in grants to nonprofit charities in the Inland Empire. The grants, which are distributed every year immediately before the holidays, are meant to help pay for basic needs like food, shelter and clothing, said Cathy Paredes, vice president of Enterprise Business and …

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Local Credit Union has Solid Quarter

News for the Inland Empire (November).001

Riverside-based Altura Credit Union has reported a net income of $1.6 million and total assets of $1.1 billion for the third quarter of this year. The report is Altura’s first quarterly data since its merger with Visterra Credit Union became official August 1, so these results can’t be compared with …

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Inland Empire credit unions are gaining in popularity

Inland Empire credit unions are gaining in popularity

Credit Unions have a long way to go to catch up with traditional banks, but local credit unions are starting to make inroads in the mortgage market, an area that for years they barely touched. The Inland Empire housing market is making a comeback, with sales and prices both on …

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