Citizens Organization Financial institution Hires President
ONTARIO, Calif., April 12, 2021 (Globe NEWSWIRE) — CVB Monetary Corp. (“CVBF”), the keeping firm for Citizens Enterprise Bank (“CBB”), is happy to announce the appointment of Brian T. Mauntel as the President of CBB, successful April 26, 2021. In his new situation, Mr. Mauntel will be dependable for overseeing the Bank’s 57 business enterprise money facilities, specialty lending teams including Dairy & Livestock and Agribusiness, income support groups, and our wealth management division, CitizensTrust.
“After an extensive research, we are delighted to have uncovered and employed a President with deep management experience in financial services and small business banking,” reported David A. Brager, CVBF’s and CBB’s Main Government Officer. “He will be overseeing an accomplished product sales management staff who are accountable for all buyer facing business enterprise units. I’m confident that Brian’s broad expertise and knowing of money companies and business enterprise banking will permit us to put even far more emphasis on organically and prudently developing our powerful deposit, lending and financial commitment franchises.”
Mr. Mauntel has about 29 several years of banking knowledge targeted on commercial and small business lending and enterprise operations, serving 23 yrs with Fifth Third Lender, together with overseeing and setting up out a countrywide business enterprise banking system. Mr. Mauntel was most not long ago with Heartland Lender in Ohio as its President and Main Functioning Officer. Mr. Mauntel obtained his Bachelor of Science in Business Administration, Finance, and Learn of Organization Administration, Internet marketing, from Xavier College in Ohio.
“Citizens Organization Financial institution has a very long record of outstanding performance, and I am honored to be picked as President for the organization named #1 on Forbes’ America’s Best Banks listing for the previous two years in a row,” stated Mr. Mauntel. “I’m keen to lead and support greatly enhance this sturdy history of accomplishment heading forward.”
Company Overview
CVB Economic Corp. (“CVBF”) is the keeping corporation for Citizens Company Lender. CVBF is one of the 10 greatest lender keeping firms headquartered in California with about $14 billion in complete assets. Citizens Enterprise Lender is regularly recognized as a single of the leading performing banking companies in the nation and provides a broad array of banking, lending and investing solutions by way of 57 banking centers and 3 have faith in place of work destinations serving the Inland Empire, Los Angeles County, Orange County, San Diego County, Ventura County, Santa Barbara County, and the Central Valley spot of California.
Shares of CVB Financial Corp. prevalent inventory are listed on the NASDAQ beneath the ticker symbol “CVBF”. For trader information on CVBF, remember to pay a visit to our Citizens Business enterprise Financial institution web site at www.cbbank.com and click on on the “Investors” tab.
Specified issues set forth herein represent ahead-searching statements inside the this means of the Private Securities Litigation Reform Act of 1995, including forward-seeking statements relating to the Company’s existing small business plans and anticipations, advancement projections, and our potential monetary place and working effects. Phrases such as “will most likely result”, “aims”, “anticipates”, “believes”, “could”, “estimates”, “expects”, “hopes”, “intends”, “may”, “plans”, “projects”, “seeks”, “should”, “will” and variants of these phrases and similar expressions enable to establish these forward-looking statements. These ahead-looking statements are issue to pitfalls and uncertainties that could result in true success, overall performance and/or achievements to vary materially from those projected. These pitfalls and uncertainties incorporate, but are not minimal to, all the risk factors established forth in the Company’s public reports, like its Yearly Report on Form 10-K for the calendar year finished December 31, 2020, and significantly the dialogue of danger elements inside of that doc. The Corporation does not undertake, and precisely disclaims any obligation, to update any forward-hunting statements to reflect occurrences or unanticipated activities or conditions right after the date of these statements other than as needed by regulation.
Contact: David A. Brager
Main Executive Officer
(909) 980-4030