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Citizens Business Bank Expands with De Novo Office in Temecula-Murrieta Region
Globenewswire· 2025-11-05 21:45
Core Insights - Citizens Business Bank has opened a new Loan Production Office in Temecula, California, led by Leonard Barbosa, who has over 35 years of banking experience in Southern California [1][2]. Group 1: Strategic Expansion - The new office strengthens the bank's presence in the growing Temecula-Murrieta region of Riverside County and enhances its footprint across Southern California, connecting the San Diego and Riverside markets [2]. - Over the past decade, Citizens Business Bank has opened several de novo offices in key cities across California, including San Diego, Oxnard, Santa Barbara, Stockton, and Modesto [2]. Group 2: Corporate Overview - CVB Financial Corp. is the holding company for Citizens Business Bank and is one of the 10 largest bank holding companies headquartered in California, with total assets exceeding $15 billion [3]. - Citizens Business Bank is recognized as one of the top-performing banks in the nation, offering a wide range of banking, lending, and investing services through more than 60 banking centers and three trust office locations in California [3]. Group 3: Investor Information - Shares of CVB Financial Corp. are listed on NASDAQ under the ticker symbol "CVBF" [4].