Tag Archives: Banking Reports

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 and Visterra Credit Union are planning to merge. Both Inland Empire-based financial institutions announced their plans Thursday, according to a report in The Press-Enterprise. If approved, the merger could be completed by July 1. The new company, Altura Credit Union, would be worth an estimated $1 billion, …

CVB Financial Corp., the parent company of Citizens Business Bank, had record earnings last year. The Ontario-based financial institution reported a net income of $104 million last year, up from a net income of $95.6 million in 2013, an increase of about ten percent, according to a statement. Earnings per …