Press Release

For Immediate Release

                                                                                    Contact: D. Linn Wiley             

                                                                                        President and CEO

                                                                                        (909) 980-4030



Citizens Business Bank Announces Expansion to Fresno



Ontario, CA, February 24, 2003-Citizens Business Bank (NASDAQ-CVBF) announced that it is has received regulatory approval to open a new business financial center in Fresno, California.  This will be the 33rd business financial center for Citizens Business Bank.  The office will be located in the vicinity of North First Street and Herndon Avenue.  It is expected to open by June 30, 2003.  A temporary office has been established at 745 E. Locust Avenue, Suite 105, Fresno.


“I am delighted to announce our second location in our planned expansion into the San Joaquin Valley.  Our Fresno Business Financial Center is a key component of our Central Valley strategy,” stated Linn Wiley, President and Chief Executive Officer of Citizens Business Bank. 


“The fast growing Central Valley represents an excellent market to expand our business banking strategy.  It also places us in an excellent position to accommodate our dairy customers who are relocating from the Chino area to various communities throughout the Valley,” continued Wiley.


Citizens Business Bank is the principal subsidiary of CVB Financial Corp.  It is a $3.1 billion            financial institution widely recognized for its commitment to its customers and communities, as well as its strong financial performance. They specialize in providing the full scope of financial services to business and professional clientele.  They also have a Wealth Management Group with over $1.0 billion in assets under administration. 


Citizens Business Bank currently has 32 business financial centers located in 25 cities throughout Los Angeles, San Bernardino, Riverside, Orange and Kern Counties. CVB Financial Corp. is traded on the NASDAQ under the ticker symbol of CVBF.