Citizens Business Bank
| Company type | Subsidiary |
|---|---|
| Industry | Banking, Financial services |
| Founded | 1970 |
| Headquarters | Ontario, California , United States |
Area served | United States |
| Parent | CVB Financial Corporation |
Citizens Business Bank is a U.S.-based financial institution focused on business banking services, with its main office located in Ontario, California.
Its parent organization, CVB Financial Corporation, holds assets exceeding $14 billion and is publicly listed on NASDAQ under the ticker CVBF.
Following a branch consolidation in 2019, the bank maintained 57 locations as of 2021. In the 2022 evaluation by S&P Global Market Intelligence, Citizens secured the third position among U.S. public banks for financial performance.
History
Originally established in 1970 as Chino Valley Bank, the institution has undergone several expansions.
In 1994, it took over operations from the failed Pioneer Bank situated in Fullerton, California. The following year, it purchased Citizens Commercial Trust and Savings Bank based in Pasadena.
The bank further extended its footprint in 2018 by acquiring Community Bank of Pasadena, an entity founded in 1945, thereby broadening its branch network and market reach.
From its inauguration in 2008 until 2019, Citizens Business Bank held the naming rights for the Toyota Arena located in Ontario, California.