Citizens Business Bank
Banking | |
| Founded | 1970 |
|---|---|
| Headquarters | Ontario, California, U.S. |
| Products | Financial services |
| Website | www |
Citizens Business Bank is a specialty financial institution headquartered in Ontario, California.[1] It was founded as Chino Valley Bank in 1970.[2] CVB Financial Corporation is the holding company for Citizens Business Bank.[3] It has over $14 billion in total assets.[4] The parent company is traded on the NASDAQ as CVBF. David A. Brager serves as president and CEO of the bank.[5]
In 2018, Citizens acquired Pasadena-based Community Bank, which was founded in 1945.[6][7][8] In 1995, the company acquired Citizens Commercial Trust and Savings Bank, also of Pasadena.[9] In 1994, the company assumed the operations of the failed Pioneer Bank of Fullerton, California.[10]
As of 2021, the bank had 57 physical locations following a 2019 branch consolidation.[11] Citizens earned the third spot in S&P Global Market Intelligence's 2022 Ranking of U.S. Public Banks by Financial Performance.[12]
Citizens Business Bank is the former name sponsor of the Toyota Arena in Ontario, California.[13]
References
- ^ banking, James Rufus Koren James Rufus Koren covered; Journal, finance for the Los Angeles Times He previously wrote for the Los Angeles Business; Banking, Where He Covered; manufacturing; Industries, Other; California, for daily newspapers in Southern; Louis, rural Michigan He was raised in St; Iowa, small-town; California, headed west to study at the University of Southern (2018-02-27). "Local banks Citizens Business, Community to combine into $12-billion institution". Los Angeles Times. Retrieved 2024-03-24.
{{cite web}}:|first2=has generic name (help) - ^ "Local banks Citizens Business, Community to combine into $12-billion institution". Los Angeles Times. 2018-02-27. Retrieved 2021-04-21.
- ^ "Christopher Myers is stepping down as the head of CVB Financial Corp. – IE Business Daily". Retrieved 2021-04-21.
- ^ "Citizens Business Bank Hires President". finance.yahoo.com. 12 April 2021. Retrieved 2021-04-21.
- ^ "David A. Brager". Los Angeles Times. Retrieved 2024-03-23.
- ^ "Local banks Citizens Business, Community to combine into $12-billion institution". Los Angeles Times. 2018-02-27. Retrieved 2021-04-21.
- ^ Swanson, Mirjam (2018-03-08). "Citizens Business Bank to Merge With Community Bank". Outlook Newspapers. Retrieved 2021-04-21.
- ^ "Citizens Business Bank acquires Community Bank, adding 16 branches". Orange County Register. 2018-08-14. Retrieved 2021-04-21.
- ^ "Chino Valley Bank Near Los Angeles Buying Pasadena Thrift for $18". American Banker. 1995-11-06. Retrieved 2021-04-21.
- ^ "FDIC: Press Releases (PR-42--7-8-94)". www.fdic.gov. Retrieved 2021-04-21.
- ^ "UPDATED: CVB Financial to Close 10 Branches Through May | Los Angeles Business Journal". labusinessjournal.com. 7 February 2019. Retrieved 2021-04-21.
- ^ Clark, Robert (March 28, 2023). "East West Bancorp leads US public banks in 2022 financial performance ranking". S&P Global Market Intelligence.
- ^ De La Cruz, Rene Ray. "Citizens Business Bank Arena renamed Toyota Arena". vvdailypress.com. Retrieved 2021-04-21.