Citizens Business Bank is a state-chartered bank based in Ontario, California founded in 1974. Citizens Business Bank provides personal and business banking services including personal loans, mortgages, auto loans, construction loans, business loans and financing, merchant services, credit cards, investment management services, and other banking and financial services. Citizens Business Bank serves customers in Los Angeles County, Orange County, San Diego County, Ventura County, Santa Barbara County, and the Central Valley area of California with more than 50 locations.
China cuts benchmark lending rates for the first time in 7 months in Beijing’s growth push
The People’s Bank of China trimmed the 1-year loan prime rate to 3.0% from 3.1%, and the 5-year LPR to 3.5% from 3.6%. A slew of state-backed commercial lenders moved to cut their deposit rates by as...
The deal that has spurred Apollo’s plan to remake Wall Street
In October 2022, shortly after Credit Suisse launched a major business restructuring and the credit-rating agencies announced they were downgrading the Swiss bank’s debt, adding to the turmoil that wa...
Moody's downgraded the U.S. sovereign credit rating on Friday due to concerns about the nation's growing, $36 trillion debt pile, in a move that could complicate President Donald Trump's efforts to cu...
Platforms, Private Credit Fund and Banks’ Fortunes Are Increasingly Intertwined
Private credit exists as an essential part of the capital spectrum, especially for firms that cannot get, or choose not to get, traditional bank channels. The private credit firms — including venture ...
New Hampshire becomes first US state to establish Strategic Bitcoin Reserve
This week, Governor Kelly Ayotte signed House Bill 302 into law, paving the way for NH'S Treasury to allocate up to 5% of public funds to these assets. The legislation is based on a plan by pro-Bitcoi...
Fed holds rates steady as it notes rising uncertainty and stagflation risk
The Federal Reserve held its key interest rate unchanged in a range between 4.25%-4.5%, where it has been since December. The post-meeting statement noted the recent market volatility and how that is ...
Banks are keeping credit card rates high even after the CFPB rule they blamed for high APRs was killed
Banks quickly raised interest rates to record levels and added new monthly fees on credit cards last year when a Consumer Financial Protection Bureau rule threatened a key revenue source for the indus...
Michael P. Lyons assumes leadership of Fiserv as CEO
Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology solutions, today announced that Michael P. Lyons has been appointed Chief Executive Officer of Fiserv. ...
U.S. economy shrank 0.3% in the first quarter as Trump policy uncertainty weighed on businesses
Gross domestic product fell at a 0.3% annualized pace, largely pushed by a surge in imports ahead of President Donald Trump’s tariffs. Imports soared 41.3%, driven by a 50.9% increase in goods. Import...
More Americans are financing groceries with buy now, pay later loans — and more are paying those bills late, survey says
A Lending Tree survey found 25% of buy now, pay later users are funding grocery purchases with the loans, up from 14% in 2024. The survey said 41% of respondents said they made a late payment on a BN...