One in six: How Rocket swallowed America's mortgage market
Financial ServicesMichiganMerger
Rocket Companies→Mr. Cooper
Apr 15, 2026
CVB Financial Receives Approvals for Heritage Merger
Announced
Financial ServicesCaliforniaMerger
Deal Overview
CVB Financial Corp. (Nasdaq: CVBF) announced it has received the regulatory approvals required for its pending merger with Heritage Commerce Corp. (HTBK). The approvals include a Section 3 waiver and a Federal Reserve non-objection letter for HTBK’s merger into CVBF, plus an Office of the Comptroller of the Currency approval for Heritage Bank of Commerce’s merger into CVB’s wholly owned banking subsidiary, Citizens Business Bank.
The related mergers of HTBK into CVBF and Heritage Bank of Commerce into Citizens Business Bank are expected to occur on April 17, 2026, subject to customary closing conditions.
Key Details
- Transaction
- CVB Financial acquires Heritage Commerce
- Deal Size
- Over $100M
Filed under
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Financial ServicesAdd-on
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Financial ServicesAdd-on
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