PASADENA, Calif.--(BUSINESS WIRE)--Community Bank, founded in 1945, is an independent Southern California regional community bank, with assets of $3.6 billion and headquartered in Pasadena with 17 business centers. The Bank announced today the completion of a balance sheet re-structuring that began over a year ago. “The low rate environment has allowed us to lock in fixed rate funding at favorable rates while utilizing the gains in our investment portfolio to reduce our higher rate wholesale bo
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