CVB Financial Receives Regulatory Approvals For Pending Merger With Heritage Commerce Corp.

CVB Financial Corp. has received the necessary regulatory approvals for its merger with Heritage Commerce Corp., including a Section 3 waiver from the Federal Reserve and approval from the Office of the Comptroller of the Currency. The merger, which involves Heritage Commerce's banking subsidiary merging into CVB's Citizens Business Bank, is expected to close on April 17, 2026, pending customary closing conditions. Both companies' CEOs expressed optimism about the merger's potential to enhance customer relationships and expand service offerings in California.