Community Comes Together: Citizens Business Bank Donates $200,000 to Aid Los Angeles Wildfire Relief Efforts
Ontario, Calif., Jan. 21, 2025 (GLOBE NEWSWIRE)
Citizens Business Bank (the “Bank”), a subsidiary of CVB Financial Corp. (NASDAQ: CVBF), announced today that the Bank has committed $200,000 to local community organizations directed specifically to wildfire relief. The Bank’s $200,000 donation will be distributed to four organizations in Los Angeles County, with each receiving $50,000. The recipient 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.
Coming Together in Times of Crisis
As wildfires continue to ravage Southern California, the community is rallying together to support those impacted by these devastating events. Citizens Business Bank’s generous donation serves as a beacon of hope for those in need, showing that unity and solidarity can help overcome even the most challenging situations.
David Brager, President and Chief Executive Officer of Citizens Business Bank, highlighted the importance of standing together during such trying times. “The wildfires continue to have a devastating impact on Southern California, and many of our customers and associates have been directly affected,” Brager stated. “We want to remind our communities that we will get through this together. These donations will be used to support local families that could use the help right now.”
The Bank’s commitment to supporting wildfire relief efforts underscores the vital role that businesses play in giving back to the community. By stepping up to provide financial assistance and resources, Citizens Business Bank sets an example for other organizations to follow in times of crisis.
Corporate Overview
CVB Financial Corp. (“CVBF”) is the holding company for Citizens Business Bank, consistently recognized as one of the top performing banks in the nation. With a wide array of banking, lending, and investing services, Citizens Business Bank’s presence in California spans over 21 Business Financial Centers throughout Los Angeles County.
Shares of CVB Financial Corp. common stock are listed on the NASDAQ under the ticker symbol “CVBF”, reflecting the company’s strong financial standing and commitment to serving its community.
How This Will Affect Me
As a resident of Los Angeles County, the donation made by Citizens Business Bank will directly impact local community organizations providing wildfire relief. This support will help families and individuals in need, demonstrating the power of collective action in times of crisis.
How This Will Affect the World
The $200,000 donation by Citizens Business Bank serves as an example of corporate social responsibility, inspiring other businesses around the world to contribute to relief efforts during natural disasters. This act of generosity showcases the impact that businesses can have on communities both locally and globally.
Conclusion
In conclusion, the community coming together in times of crisis is a testament to the strength and resilience of humanity. Citizens Business Bank’s donation to aid Los Angeles wildfire relief efforts demonstrates the power of unity and compassion in supporting those in need. By standing together and providing aid to those affected by natural disasters, we can overcome challenges and rebuild stronger communities for the future.
