This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

CVBF Founding Chairman Passes Away

Stocks in this article: CVBF

The Board of Directors of CVB Financial Corp. (NASDAQ: CVBF) and Citizens Business Bank announced with great sadness the passing of George Borba, founder and Chairman of the Board.

In 1974, George, his brother John, Ron Kruse and several other local businessmen formed Chino Valley Bank with the vision of creating a community bank that could provide customized banking relationships to the many small businesses and business owners in the greater Chino area. His strong business and work ethic spearheaded a tremendous road to success for Chino Valley Bank, now Citizens Business Bank.

Today, CVBF has over $6.3 billion in assets and has produced 142 consecutive quarters of profitability with 92 consecutive quarters of paying a cash dividend to shareholders. Mr. Borba maintained an unwavering commitment to the Bank that was illustrated by the fact that he never sold a share of stock during his 38 year tenure as Chairman. He was committed to the future success of the company and took great pride in the dedication of the many associates who continue to work for and lead the Company.

George’s life was one of tremendous personal and professional success. He was born in 1932 in Ontario, California and was one of five children. He grew up in Chino, CA and attended Chino High School while working with the family dairy business. Armed with an incredible work ethic and an innate sense for business, George worked closely with his father and brothers and the family business grew into one of the larger dairy operations in the state of California. George is survived by Dolores, his wife of 57 years, five children, eighteen grandchildren and four great grandchildren.

“When we remember George, we will not forget the strong culture he created here at Citizens Business Bank. His faith, character, integrity, honesty, and tenacity served as the foundation for our Bank’s many achievements. His legacy will be the cornerstone of our future success,” stated Chris Myers, President and Chief Executive Officer.

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,959.44 +154.64 0.87%
S&P 500 2,078.54 +7.89 0.38%
NASDAQ 4,781.4240 +16.0440 0.34%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs