StreetInsider.com News Articles

CMUV Bancorp receives regulatory approval for asset sale to Frontwave

Fri, 08 Aug 2025 09:12:07 -0400

CMUV Bancorp has received regulatory approvals to complete the sale of Community Valley Bank's assets to Frontwave Credit Union and dissolve both the bank and holding company, according to a company statement.

The company expects shareholders to receive approximately $25.00 per share, subject to adjustments for dissolution costs and expenses. The first distribution is anticipated after the asset sale completion, expected around September 30, 2025, pending customary closing conditions.

CMUV Bancorp plans to cease trading on the OTCQB market beginning around September 23, 2025, with stock records closing simultaneously. Following delisting, the common stock will represent only distribution rights for shareholders who

CMUV Bancorp receives regulatory approval for asset sale to Frontwave

Fri, 08 Aug 2025 09:12:07 -0400

CMUV Bancorp Announces Regulatory Approvals Received for Sale of Assets to Frontwave Credit Union

Fri, 08 Aug 2025 09:10:00 -0400

EL CENTRO,CA - August 8, 2025 (NEWMEDIAWIRE) - CMUV Bancorp has received the necessary regulatory approvals to complete the sale of the assets and assumption of liabilities of Community Valley Bank to Frontwave Credit Union (Frontwave) (the Asset Sale) and subsequent dissolution of Community Valley Bank (the Bank) and CMUV Bancorp (the Company) (the Bank dissolution and Company dissolution together, the Dissolutions). We have also received the necessary corporate approvals to complete the Asset Sale and the Dissolutions.

We expect that shareholders of the Company will receive approximately $25.00 per share, subject to adjustment for costs and expenses associated with

CMUV Bancorp Announces Regulatory Approvals Received for Sale of Assets to Frontwave Credit Union

Fri, 08 Aug 2025 09:10:00 -0400

We expect that shareholders of the Company will receive approximately $25.00 per share, subject to adjustment for costs and expenses associated with

CMUV Bancorp Announces Regulatory Approvals Received for Sale of Assets to Frontwave Credit Union

Fri, 08 Aug 2025 09:10:00 -0400

We expect that shareholders of the Company will receive approximately $25.00 per share, subject to adjustment for costs and expenses associated with

CMUV Bancorp Announces Regulatory Approvals Received for Sale of Assets to Frontwave Credit Union

Fri, 08 Aug 2025 09:10:00 -0400

We expect that shareholders of the Company will receive approximately $25.00 per share, subject to adjustment for costs and expenses associated with

CMUV Bancorp Announces Results of the Special Meeting of Shareholders

Thu, 17 Jul 2025 09:11:00 -0400

EL CENTRO,CA - July 17, 2025 (NEWMEDIAWIRE) - We are pleased to announce that at a Special Meeting of shareholders of CMUV Bancorp, Inc. (the Company) held on July 15, 2025, our shareholders voted to approve: the previously announced sale of the assets and assumption of liabilities of Community Valley Bank to Frontwave Credit Union (Frontwave) and subsequent dissolution of the Company (the Transaction). The cash distributions expected to be made to the shareholders of the proceeds of the Transaction are described in detail in the Proxy Statement mailed to you on June 5, 2025.

We still expect that

CMUV Bancorp Announces Results of the Special Meeting of Shareholders

Thu, 17 Jul 2025 09:11:00 -0400

We still expect that

CMUV Bancorp Announces Results of the Special Meeting of Shareholders

Thu, 17 Jul 2025 09:11:00 -0400

We still expect that

CMUV Bancorp Announces Results of the Special Meeting of Shareholders

Thu, 17 Jul 2025 09:11:00 -0400

We still expect that

CMUV Bancorp Announces 2nd Quarter 2025 Cash Dividend

Fri, 23 May 2025 09:09:00 -0400

EL CENTRO,CA - May 23, 2025 (NEWMEDIAWIRE) - The Board of Directors of CMUV Bancorp, the bank holding company for Community Valley Bank, has approved a $0.12 2nd Quarter cash dividend per common share. The dividend will be payable on June 30, 2025, to all shareholders of record on June 9, 2025.

Contact:

Jon A Edney

7603521889

mediarelations@yourcvb.com

CMUV Bancorp Announces 2nd Quarter 2025 Cash Dividend

Fri, 23 May 2025 09:09:00 -0400

Contact:

Jon A Edney

7603521889

mediarelations@yourcvb.com

CMUV Bancorp Announces 2025 1st Quarter Financial Results & Notice of Special Shareholder Meeting

Mon, 28 Apr 2025 09:09:00 -0400

EL CENTRO, CA - April 28, 2025 (NEWMEDIAWIRE) - CMUV Bancorp, the holding company for Community Valley Bank, is pleased to announce unaudited 1st Quarter results for the quarter ending March 31, 2025. Net income for the quarter was $405,669, which equaled $0.23 per share. Total assets reached $305.2MM by the end of the quarter, total deposits came in at $282.4MM, and gross loans ended the quarter at $268MM.

CVBs Community Bank Leverage Capital ratio ended the quarter at 10.82%, which is well above the ratio required to be considered a well-capitalized bank. Our Allowance for Credit Losses ended the

CMUV Bancorp Announces 2025 1st Quarter Financial Results & Notice of Special Shareholder Meeting

Mon, 28 Apr 2025 09:09:00 -0400

CVBs Community Bank Leverage Capital ratio ended the quarter at 10.82%, which is well above the ratio required to be considered a well-capitalized bank. Our Allowance for Credit Losses ended the

CMUV Bancorp Announces 2025 1st Quarter Financial Results & Notice of Special Shareholder Meeting

Mon, 28 Apr 2025 09:09:00 -0400

CVBs Community Bank Leverage Capital ratio ended the quarter at 10.82%, which is well above the ratio required to be considered a well-capitalized bank. Our Allowance for Credit Losses ended the

CMUV Bancorp Announces 2025 1st Quarter Financial Results & Notice of Special Shareholder Meeting

Mon, 28 Apr 2025 09:09:00 -0400

CVBs Community Bank Leverage Capital ratio ended the quarter at 10.82%, which is well above the ratio required to be considered a well-capitalized bank. Our Allowance for Credit Losses ended the

Community Valley Bank (CMUV) Declares $0.12 Quarterly Dividend; 2.2% Yield

Tue, 25 Feb 2025 09:10:58 -0400

Community Valley Bank (OTC: CMUV) declared a quarterly dividend of $0.12 per share, or $0.48 annualized.

The dividend will be payable on March 31, 2025, to stockholders of record on March 10, 2025, with an ex-dividend date of March 7, 2025.

The annual yield on the dividend is 2.2 percent.

For a dividend history and other dividend-related data on Community Valley Bank (CMUV) click here.

CMUV Bancorp Announces 1st Quarter 2025 Cash Dividend

Tue, 25 Feb 2025 09:10:00 -0400

EL CENTRO, CA - February 25, 2025 (NEWMEDIAWIRE) - The Board of Directors of CMUV Bancorp, the bank holding company for Community Valley Bank, has approved a $0.12 1st Quarter cash dividend per common share. The dividend will be payable on March 31, 2025, to all shareholders of record on March 10, 2025.

Contact:

Jon A Edney

7603521889

mediarelations@yourcvb.com

View the original release on www.newmediawire.com

CMUV Bancorp Announces 1st Quarter 2025 Cash Dividend

Tue, 25 Feb 2025 09:10:00 -0400

Contact:

Jon A Edney

7603521889

mediarelations@yourcvb.com

View the original release on www.newmediawire.com

CMUV Bancorp Announces 2024 4th Quarter Financial Results

Fri, 31 Jan 2025 09:10:00 -0400

EL CENTRO, CA - January 31, 2025 (NEWMEDIAWIRE) - CMUV Bancorp, the holding company for Community Valley Bank (CVB), is pleased to announce unaudited year-end results for 2024. Earnings for the year ending December 31, 2024, were $4,156,350. CVBs Total Assets grew to $311 MM at fiscal year-end 2024, with Gross Loans ending at just short of $263 MM. Deposits also increased to $271 MM. Earnings per share for 2024 were $2.38.

CVB ended 2024 with a Community Bank Capital Leverage ratio of 12.0%, well above the ratio threshold required to be considered a well-capitalized bank. Our Allowance for

CMUV Bancorp Announces 2024 4th Quarter Financial Results

Fri, 31 Jan 2025 09:10:00 -0400

CVB ended 2024 with a Community Bank Capital Leverage ratio of 12.0%, well above the ratio threshold required to be considered a well-capitalized bank. Our Allowance for

Community Valley Bank to Combine With Frontwave Credit Union

Wed, 22 Jan 2025 17:30:00 -0400

EL CENTRO, CA - January 22, 2025 (NEWMEDIAWIRE) - Today Community Valley Bank (CVB), a California state-chartered bank headquartered in El Centro, California and wholly-owned subsidiary of CMUV Bancorp (OTC: CMUV), announced that it has entered into a definitive agreement with Frontwave Credit Union (Frontwave). Frontwave will acquire the assets and assume the liabilities of CVB in an all-cash transaction. Community Valley Bank was founded in 2007 and currently operates five branches in El Centro, Brawley, Indio, Julian, and Borrego Springs, California. As of September 30, 2024, CVB reported $315.8 million in total assets, $258.4 million in total net loans,

Community Valley Bank to Combine With Frontwave Credit Union

Wed, 22 Jan 2025 17:30:00 -0400

Community Valley Bank to Combine With Frontwave Credit Union

Wed, 22 Jan 2025 17:30:00 -0400

Community Valley Bank to Combine With Frontwave Credit Union

Wed, 22 Jan 2025 17:30:00 -0400