Citizens’ Business Bank acquiring Community Bank

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Citizens’ Business Bank acquiring Community Bank

By Staff Report / Friday, June 22nd, 2018 / Comments Off on Citizens’ Business Bank acquiring Community Bank

Shareholders for CVB Financial Corp., parent company of Citizens’ Business Bank, approved the acquisition of Pasadena-based Community Bank at its annual meeting June 21. The cash and stock transaction is valued at $878.3 million and would bring Citizens up to $12.5 billion in assets. The Ontario-based company has five Central Coast locations after its 2016…

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