Banking & Finance

CVCB declares quarterly cash dividend

Central Valley Community Bancorp, parent company of Central Valley Community Bank, announced a regular quarterly cash dividend of 5 cents per share.

Security First Bank announces stock dividend

Security First Bank of Fresno has announced a 5-percent stock dividend.

Fresno bank opens Sacramento, Bakersfield offices

Fresno First Bank is making it first foray outside of its home city with two new loan production offices in Sacramento and Bakersfield.

USI Insurance acquires Fresno Wells Fargo office

The Fresno location of Wells Fargo Insurance Services was one of 40 acquired in a deal by USI Insurance Services of New York.

Valley Commerce Bancorp announces Q1 dividend

Valley Commerce Bancorp, parent company of Valley Business Bank of Visalia, announced it will issue an eight-cent cash dividend to its shareholders.

Fresno's student-run bank inspires two more in L.A.

Union Bank opened the first bank branch run by students at McLane High School in 2011.The success of the student-run Union Bank branch at McLane High School in Fresno has inspired the bank to open up two similar branches in the Los Angeles area.

Bank of the Sierra earnings climb in Q1

Sierra Bancorp, parent company of Bank of the Sierra based in Porterville, saw its earnings rise 63 percent in the first quarter compared to the same period last year.

Premier Valley Bank increases Q1 earnings

Premier Valley Bank announced its first quarter financial results showing net income up 29 percent over the year before.

Valley Commerce Bancorp reports Q1 earnings

Valley Commerce Bancorp, parent company of Valley Business Bank in Visalia, saw little change in first quarter revenue compared to a year earlier.

United Security Bank income dips in Q1

United Security Bancshares, parent of Fresno-based United Security Bank, announced net income of $908,000 for the first quarter, down from $1.075 million for the same quarter in 2013.