BANKING & FINANCE - Aug. 24, 1991
From Times Staff and Wire Reports
Banks Merging: The parent of Chino Valley Bank in Ontario, CVB Financial Corp., said it plans to merge with Foothill Independent Bancorp, parent of Foothill Independent Bank in Glendora. CVB will absorb Foothill, paying stockholders $6.79 and 0.491 of a share of preferred stock in the newly created CVB Preferred Financial Corp.
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