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CVB Financial plans to redeem $20.62 million of securities on April 7
By Toni Weeks
San Luis Obispo, Calif., Feb. 25 - CVB Financial Corp. announced the planned redemption of trust subsidiary CVB Statutory Trust II's remaining outstanding $20,619,000 of capital and common securities, according to an 8-K filing with the Securities and Exchange Commission.
The securities will be redeemed on April 7.
Wells Fargo Bank, NA is the trustee.
Ontario, Calif.-based CVB Financial is the bank holding company of Citizens Business Bank.
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