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Local Bank Donates $200,000 for Wildfire Relief

Ontario, Calif., Jan. 21, 2025

Let’s start this blog post with some good news – Citizens Business Bank, a subsidiary of CVB Financial Corp., has committed $200,000 to local community organizations for wildfire relief. In times of crisis like the devastating wildfires in Southern California, it’s heartwarming to see businesses stepping up to support their communities.

The $200,000 donation will be distributed to four organizations in Los Angeles County, each receiving $50,000. These organizations include Foothill Unity Center, Union Station Homeless Services, Pasadena Community Foundation’s Eaton Fire Relief & Recovery Fund, and the Los Angeles Regional Food Bank. This contribution will provide much-needed support to local families who have been affected by the wildfires.

David Brager, President and Chief Executive Officer of Citizens Business Bank, emphasized the importance of coming together during times of crisis. He stated, “We want to remind our communities that we will get through this together.”

For more information on emergency assistance resources for the fires in Los Angeles County, you can visit the Bank’s website.

Corporate Overview

CVB Financial Corp. is the holding company for Citizens Business Bank, with over $15 billion in total assets. Citizens Business Bank is known for its top-performing banking services with more than 60 banking centers serving California.

Shares of CVB Financial Corp. are listed on the NASDAQ under the ticker symbol “CVBF”. For investor information, you can visit the Citizens Business Bank website and click on the “Investors” tab.

How This Will Affect Me

As a resident of Los Angeles County, you may directly benefit from the $200,000 donation by Citizens Business Bank. If you or your loved ones have been impacted by the wildfires, the support provided to local organizations can help in your recovery process.

How This Will Affect the World

While this donation is focused on a local community, acts of kindness and generosity have a ripple effect that can inspire others to support those in need. By raising awareness about the importance of giving back, Citizens Business Bank is setting an example for businesses worldwide to make a positive impact on society.

Conclusion

In conclusion, the $200,000 donation by Citizens Business Bank for wildfire relief in Los Angeles County is a commendable gesture that highlights the power of community support. By standing together during challenging times, we can overcome adversity and make a difference in the world.