Local Football Champ Has Skillfully Tackled World of Banking

Chris Myers, a La Cañada Flintridge native and graduate of LCHS, serves as CEO/president of Citizens Business Bank, which was ranked this year by Forbes as the No. 1 bank in California.
Photo courtesy Citizens Business Bank
Chris Myers, a La Cañada Flintridge native and graduate of LCHS, serves as CEO/president of Citizens Business Bank, which was ranked this year by Forbes as the No. 1 bank in California.

Those who knew Citizens Business Bank CEO/President Chris Myers growing up here might remember him as the smart, strapping young All-CIF cornerback who helped guide La Cañada High School to a 1979 CIF football championship, the only Spartan team ever to earn that crowning achievement.
And although Myers, 57, has achieved a lot since then, including playing football for Harvard and thriving for more than 35 years in the banking industry — including more than 13 years as CEO and president of Citizens Business Bank, which Forbes named No. 1 in California in 2019 — he still recalls his senior season in high school football as one of his proudest times.
“I still consider that as one of my greatest accomplishments ever, being a part of that team,” said Myers, who frequently visits La Cañada Flintridge to see former classmates and lifelong friends, as well as check on some of the local businesses his bank has financed over the years. Continue reading “Local Football Champ Has Skillfully Tackled World of Banking”

Citizens Business Bank to Merge With Community Bank

Christopher Myers President and CEO, Citizens Business Bank
Christopher Myers
President and CEO, Citizens Business Bank

Citizens Business Bank announced last week that it entered into an agreement to merge with Pasadena-based Community Bank. Citizens will make the purchase at a price of approximately $878 million in stock and cash.
The deal will make Citizens the eighth-largest independent bank in California, increasing its total assets to more than $12 billion.
Bank leaders expect regulators to approve the merger sometime in the third quarter of 2018, at which point Community Bank will operate as Citizens Business Bank.

The deal will give Community customers an expanded branch and ATM network: Community currently has 16 locations and 430 employees and Citizens has 51 branches and 830 employees.

David Misch CEO Community Bank
David Misch
CEO Community Bank

“We’re both very similar in terms of our culture,” said Christopher Myers, president and CEO of Citizens. “We’ve both stood the test of time, we’re both community banks. We’ve competed against each other a lot in the marketplace; both of our companies wanted to build long-term relationships with small to medium-sized businesses in our area, so we’ve seen them in the marketplace a lot, and we’ve admired each other from afar — or not so far.”
Since it was founded as Chino Valley Bank in 1974, Citizens Bank has grown from serving primarily the Inland Empire to much of Los Angeles and Orange counties. Once the banks consolidate, Community Bank’s current customers are expected to have access to 58 branches stretching from San Diego to Madera, Myers said.
Continue reading “Citizens Business Bank to Merge With Community Bank”

LCF Chamber of Commerce Internship Applications Open

Applications for the LCF Chamber of Commerce Summer Internship Program for sophomores and juniors are available now.
Probable businesses/organizations for this summer include the Allen Lund Company, Citizens Business Bank, USC Verdugo Hills Hospital, the Community Center of La Cañada Flintridge, the city of La Cañada Flintridge, the YMCA of the Foothills and Global Wealth Capital Management. Students who are selected will work Monday through Thursday, six hours per day, for six weeks during the summer. Continue reading “LCF Chamber of Commerce Internship Applications Open”