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June 02, 2015 2:45 PM ET


Company Overview of Citizens Business Bank, Inc.

Company Overview

Citizens Business Bank, Inc. provides business and personal banking services. It offers business banking services, such as receivables, payables, fraud prevention, data management, international services, and online banking, as well as checking, deposit, and liquidity services; and personal banking services, including personal checking accounts, personal savings accounts, personal bill pay, personal online banking, certificates of deposit, money market accounts, credit and debit cards, retirement accounts, health savings accounts, safe deposit boxes, and mobile banking. The company also provides commercial lending, construction lending, home lending, revolving lines of credit, asset-based le...

701 North Haven Avenue

Ontario, CA 91764

United States

Founded in 1973





Key Executives for Citizens Business Bank, Inc.

Chief Executive Officer, President, Director, Chief Executive Officer of CVB Financial Corp and President of CVB Financial Corp
Age: 52
Chief Financial Officer, Executive Vice President, Chief Financial Officer of CVB Financial Corp and Executive Vice President of CVB Financial Corp
Age: 65
Chief Operations Officer and Executive Vice President
Age: 46
Chief Information Officer and Executive Vice President
Executive Vice President and General Counsel
Age: 55
Compensation as of Fiscal Year 2014.

Citizens Business Bank, Inc. Key Developments

Citizens Business Bank Announces Repayment of Federal Home Loan Bank Advance

CVB Financial Corp. announced that its principal subsidiary, Citizens Business Bank (CBB), repaid a $200 million fixed rate advance from the Federal Home Loan Bank. The advance was scheduled to mature in November 2016 and carried an interest rate of 4.52%. The repayment of this advance resulted in a $13.4 million termination expense on a pre-tax basis. The repayment was funded from CBB deposits at the Federal Reserve Bank of San Francisco. The effective date of the transaction was February 23, 2015.

CVB Financial Corp. and Citizens Business Bank, Inc. Announce Board Changes, Effective December 31, 2014

CVB Financial Corp. and its principal subsidiary, Citizens Business Bank announced that D. Linn Wiley has decided to retire as Chairman of the Board and as a member of the Board of Directors, effective December 31, 2014. Mr. Wiley will remain Chairman for the remainder of 2014 and preside at the Board's next two meetings, in November and December. The company also announced that the Board of Directors has elected Raymond V. O'Brien III as Chairman of the Board. Mr. O'Brien will assume this role on January 1, 2015, immediately following the retirement of Mr. Wiley. George A. Borba, Jr., elected to the Board in 2012, will continue to serve the company in his role as Vice-Chairman of the Board. Mr. O'Brien is currently the CEO and owner of Cal Plate, Inc.

Citizens Business Bank, Inc. to Report Q3, 2014 Results on Oct 22, 2014

Citizens Business Bank, Inc. announced that they will report Q3, 2014 results After-Market on Oct 22, 2014

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