Central Valley Community Bancorp (CVCY) has released an update.
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Shareholders of Central Valley and Community West have given the green light for a merger, consolidating Community West with Central Valley, and Community West Bank with Central Valley Community Bank. This significant move is set to reshape the landscape of community banking by April 1, 2024, pending the fulfillment of standard closing conditions.
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For a comprehensive understanding of the announcement, you can read the full document here.
