CVB Financial-backed Citizens Business Bank completed the merger with Suncrest Bank for $204m.

CVB Financial-backed Citizens Business Bank, a provider of the financial tools that small to medium-sized businesses need to thrive, completed the merger with Suncrest Bank, the California Central Valley's premier business bank, for $204m. “We would like to welcome Suncrest Bank’s customers, associates and shareholders to Citizens Business Bank and CVB Financial. This merger is an exciting opportunity for Citizens Business Bank to expand our presence northward to the Sacramento area and to bolster our already strong position in the important Central Valley region of California. We look forward to building on the strong customer and community relationships established by Suncrest Bank with our expanded branch network and wider array of products and services,” David Brager, CVB Financial and Citizens Business Bank President and Chief Executive Officer.