Search

The article discusses the importance of Fresno, California market for Citizens Business Bank which was ranked by "Forbes" magazine as the number one bank in its 2016 list of the largest public traded banks in the U.S. Topics covered include chief executive officer (CEO) Christopher Myers' explanation that the bank has nine locations in the Fresno area representing more than one billion dollars in assets and the naming of the Fresno financial center as the bank's highest producing center.

The article announces that Chase Bank USA will open a new full-service location at Fig Garden Village in California which is expected to open in late October or November 2011.

The article reports that the Fresno First Bank will open its permanent location in Fresno, California in September 2006. The permanent branch will be located at 7690 N. Palm Avenue. Fresno First Bank is operating at a temporary location at 7355 N. Palm Avenue. The construction of the bank building will cost about $232,000.

The article reports on the new opening of branches of Bank of the Sierra despite struggling economy in California. It states on the opening of Sierra's new branch in Tulary, California and plans to add two more new locations in California in 2010, in Farmersville and in Selma. Federal Deposit Insurance Corp (FDIC) has approved both branches where Bank of the Sierra president Jim Holly notes on the strong capital position and sustainability of the bank despite the recession.

The article reports on the merger of Central Valley Community Bancorp (CVCB) based and Service First Bancorp based in Stockton, California. After two months of negotiations, the two banking institutions, accordingly, reached a merger agreement for $23.4 million. The merger will provide customers with more bank locations from Fresno to Sacramento. Daniel J. Doyle, chief executive officer (CEO) of CVCB disclosed that more shareholders will create more opportunities for people to buy the stock.