CALIFORNIA BANK & TRUST EXPANDS PRESENCE IN THE COACHELLA VALLEY FOLLOWING ACQUISITION OF FIRSTBANK'S CALIFORNIA OPERATIONS
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California Bank & Trust (CB&T) has successfully acquired FirstBank's California banking operations, adding four new branches in the Coachella Valley. The expansion strengthens CB&T's regional presence, with a grand opening celebration planned for March 24 in Palm Desert. The bank aims to provide seamless transition for clients and maintain strong community partnerships.
March 24, 2025 | 1:15 pm
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Zions Bancorporation's division, California Bank & Trust, has expanded its presence in the Coachella Valley by acquiring FirstBank's local operations, potentially signaling strategic growth for the parent company.
The acquisition represents a strategic expansion for Zions Bancorporation, potentially increasing market share and revenue in the California market. The seamless transition and commitment to local community suggest positive growth prospects.
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