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<DIV align="right" style="font-size: 10pt; margin-top: 12pt">As filed with the Securities and Exchange Commission on April&nbsp;1, 2008<BR>
Registration No.&nbsp;333-<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>
</DIV>


<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>






<DIV align="center" style="font-size: 14pt; margin-top: 12pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B>
</DIV>

<DIV align="center" style="font-size: 12pt"><B>Washington, D.C. 20549</B>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><DIV align="center"><DIV style="font-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV></DIV>

<DIV align="center" style="font-size: 18pt; margin-top: 12pt"><B>FORM S-8</B>
</DIV>


<DIV align="center" style="font-size: 12pt; margin-top: 0pt"><B>REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933</B>
</DIV>

<DIV align="center" style="font-size: 24pt; margin-top: 12pt"><B>CVB FINANCIAL CORP.</B>
</DIV>

<DIV align="center" style="font-size: 10pt">(Exact name of Registrant as specified in its charter)</DIV>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
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<TR valign="bottom">
    <TD width="47%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="47%">&nbsp;</TD>
</TR>
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<TR valign="bottom">
    <TD align="center" valign="top"><B>California</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>95-3629339</B></TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">(State or other jurisdiction of <BR>
incorporation or organization)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(I.R.S. Employer<BR>
Identification No.)</TD>
</TR>
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</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>701 N. Haven Avenue, Suite&nbsp;350<BR>
Ontario, CA 91764<BR>
(909)&nbsp;980-4030</B><BR>
(Address, including zip code, and telephone number, including area code of registrant&#146;s principal executive offices)</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><DIV align="center"><DIV style="font-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>DEFERRED COMPENSATION PLAN FOR DIRECTORS &#038; CERTAIN SPECIFIED OFFICERS</B><BR>
(Full Title of the Plan)</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><DIV align="center"><DIV style="font-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>Edward J. Biebrich, Jr.<BR>
Executive Vice President and Chief Financial Officer<BR>
701 N. Haven Avenue, Suite&nbsp;350<BR>
Ontario, CA 91764<BR>
(909)&nbsp;980-4030</B><BR>
(Name, address, including zip code, telephone number, including area code, of agent for service)</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><DIV align="center"><DIV style="font-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><I>Copies to:</I><BR>
<B>William T. Quicksilver, Esq.<BR>
Craig D. Miller, Esq.<BR>
Manatt, Phelps &#038; Phillips, LLP<BR>
11355 West Olympic Boulevard<BR>
Los Angeles, California 90064<BR>
(310)&nbsp;312-4000</B></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><DIV align="center"><DIV style="font-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV></DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company. See the definitions of &#147;large accelerated filer,&#148; &#147;accelerated filer&#148; and &#147;smaller reporting company&#148; in Rule 12b-2 of the Exchange Act. (Check one):</DIV>


<TABLE width="100%" style="font-size: 10pt; margin-top: 0pt"><TR><TD>Large accelerated filer&nbsp;<FONT face="Wingdings">&#254;</FONT></TD><TD align="center">Accelerated filer&nbsp;<FONT face="Wingdings">&#111;</FONT>&nbsp;</TD><TD align="center">Non-accelerated filer&nbsp;<FONT face="Wingdings">&#111;</FONT><BR>(Do not check if a smaller reporting company)</TD><TD align="right">Smaller reporting company&nbsp;<FONT face="Wingdings">&#111;</FONT></TD></TR></TABLE>



<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>CALCULATION OF REGISTRATION FEE</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
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    <TD width="1%">&nbsp;</TD>
    <TD width="29%">&nbsp;</TD>
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    <TD width="19%">&nbsp;</TD>
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    <TD width="3%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD><!-- VRule -->
    <TD width="2%">&nbsp;</TD>
    <TD width="19%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD><!-- VRule -->
    <TD width="2%">&nbsp;</TD>
    <TD width="12%">&nbsp;</TD>

    <TD width="1%">&nbsp;</TD>
</TR><TR style="font-size: 1px" valign="bottom">
    <TD nowrap align="left" colspan="15" style="border-bottom: 3px double #000000">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">    <TD width="1%">&nbsp;</TD>

    <TD>&nbsp;</TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center">Proposed Maximum</TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center">Proposed Maximum</TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">    <TD width="1%">&nbsp;</TD>

    <TD nowrap align="center">Title of Securities</TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center">Amount to be</TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center">Offering Price</TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center">Aggregate</TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center">Amount of</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">    <TD width="1%">&nbsp;</TD>

    <TD nowrap align="center">to be Registered</TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center">Registered(1)</TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center">per Share(2)</TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center">Offering Price(2)</TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center">Registration Fee</TD>
    <TD width="1%">&nbsp;</TD>
</TR>

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    <TD width="1%" style="border-top: 2px solid #000000">&nbsp;</TD>
                    <TD style="border-top: 2px solid #000000"><DIV style="margin-left:15px; text-indent:-15px">Deferred
Compensation
Obligations</DIV></TD>
    <TD style="border-right: 2px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
    <TD style="border-top: 2px solid #000000">&nbsp;</TD>
    <TD align="center" valign="bottom" style="border-top: 2px solid #000000">$6,000,000</TD>
    <TD style="border-right: 2px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
    <TD style="border-top: 2px solid #000000">&nbsp;</TD>
    <TD align="center" valign="bottom" style="border-top: 2px solid #000000">N/A</TD>
    <TD style="border-right: 2px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
    <TD style="border-top: 2px solid #000000">&nbsp;</TD>
    <TD align="center" valign="bottom" style="border-top: 2px solid #000000">$6,000,000</TD>
    <TD style="border-right: 2px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
    <TD style="border-top: 2px solid #000000">&nbsp;</TD>
    <TD align="center" valign="bottom" style="border-top: 2px solid #000000">$235.80</TD>
    <TD width="1%" style="border-top: 2px solid #000000">&nbsp;</TD>
</TR>
<TR style="font-size: 1px" valign="bottom">
    <TD nowrap align="left" colspan="15" style="border-top: 3px double #000000">&nbsp;</TD>
</TR>

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</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">(1)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The deferred compensation obligations are unsecured obligations of the
Registrant to pay deferred compensation in the future in accordance
with the terms of the Registrant&#146;s Deferred Compensation Plan for
Directors &#038; Certain Specified Officers.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">(2)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>This estimate is made pursuant to Rule 457(h) under the Securities Act
of 1933, as amended, based on the estimated amount of compensation
that may be deferred under the plan. Estimated for purposes of
calculating the registration fee in accordance with Rule 457(o) under
the Securities Act of 1933.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="width: 100%; border-bottom: 1pt solid black; margin-top: 10pt; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>







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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">










<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>PART II</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CVB Financial Corp. (the &#147;Registrant&#148;) hereby files this Registration Statement on Form S-8
with the Securities and Exchange Commission (the &#147;Commission&#148;) relating to $6,000,000 worth of
unsecured obligations of the Registrant to pay deferred compensation in the future in accordance
with the terms of the Deferred Compensation Plan for Directors &#038; Certain Specified Officers,
effective as of February&nbsp;21, 2007 (the &#147;Plan&#148;).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;3. Incorporation of Documents by Reference</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following documents filed by the Registrant with the Commission are incorporated herein by
reference:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;Annual Report on Form 10-K filed pursuant to Section 13(a) or 15(d) of the Securities
Exchange Act of 1934, as amended (the &#147;Exchange Act&#148;), containing audited financial statements for
Registrant&#146;s fiscal year ended December&nbsp;31, 2007, filed with the Commission on February&nbsp;29, 2008
and amended on March&nbsp;6, 2008.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;The Registrant&#146;s Current Reports on 8-K filed with the Commission on January&nbsp;22, 2008,
March&nbsp;24, 2008, and March&nbsp;25, 2008.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All documents subsequently filed by the Registrant pursuant to Sections&nbsp;13(a), 13(c), 14 and
15(d) of the Exchange Act, prior to the filing of a post-effective amendment which indicates that
all securities offered hereby have been sold or which deregisters all securities then remaining
unsold, shall be deemed to be incorporated by reference in this registration statement and to be
part hereof from the date of the filing of such documents.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any statement contained in a document incorporated or deemed to be incorporated by reference
herein shall be deemed to be modified or superseded for the purposes of this registration statement
to the extent that a statement contained herein or in any other subsequently filed document which
also is or is deemed to be incorporated by reference herein modifies or supersedes such statement.
Any statement so modified or superseded shall not be deemed, except as so modified or superseded,
to constitute a part of this registration statement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;4. Description of Securities</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Under the Plan, the Registrant (or the Registrant&#146;s wholly owned subsidiary, Citizens Business
Bank, as the &#147;Participating Employer,&#148; if the Registrant is not the Participant&#146;s employer) will
provide certain employees or independent contractors who have been designated by the Compensation
Committee of the Board of Directors (the &#147;Committee&#148;) as a participant in the Plan (each a
&#147;Participant&#148; and collectively, the &#147;Participants&#148;) the opportunity to defer receipt of
compensation from the Registrant by a percentage specified in each Participant&#146;s &#147;Participant
Deferral Agreement.&#148; The &#147;Participant Deferral Agreement&#148; is a written agreement between the
Registrant (or the Participating Employer) and the Participant which sets forth the terms of a
Participant&#146;s deferred compensation arrangement. The securities being registered represent
obligations (the &#147;Obligations&#148;) of the Registrant (or the Participating Employer) under the Plan to
pay to the Participants the value of the deferred compensation in the future.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Each Participant is eligible to defer up to a maximum of 75% of his or her base salary and 100% of
each of his or her performance-based compensation, other bonus, any commission, and any independent
contractor compensation, as long as the Participant defers a minimum of $2,000. The election to
defer receipt of compensation must be made by January 1 of the year prior to the year in which the
compensation is paid.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Each Participant&#146;s deferred compensation is credited to a book reserve account called a &#147;Deferred
Compensation Account&#148; on any business day on which the Participant&#146;s deferral is received by the
Registrant. The Deferred Compensation Account is credited with an investment return determined as
if the account were invested in one or more investment funds made available by the Committee (as
such investment choices may change from time to time). The investment election of the Participant
remains in effect until a new election is made by the Participant. If
a Participant fails to make an election, the investment return will be determined by the Committee.
The Plan does
</DIV>
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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">not provide for any fixed or guaranteed rate of return on compensation deferred by
Participants. The Registrant (or the Participating Employer) does not guarantee the performance of
any of the investment measurement options available to Participants under the Plan, nor does it
guarantee any minimum return or payments to any Participant, which may be more or less than the
amount(s) of compensation that a Participant elected to defer.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Any benefit payable under the Plan upon a &#147;Qualifying Distribution Event&#148; (the events listed below)
may be made to the Participant or his beneficiary (as applicable) in any of the following payment
forms, as selected by the Participant in his or her Participant Deferral Agreement:
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="34%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="61%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 1px solid #000000"><B>Qualifying Distribution Event</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Forms of Payment</B></TD>
</TR>

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<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Separation from Service other than
Retirement (Retirement is defined by the
Registrant)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">A lump sum in cash as soon as
practicable following the date
of the Qualifying Distribution
Event.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Separation from Service due to Retirement
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Approximately equal annual
installments over a term
certain as elected by the
Participant upon his entry into
the Plan not to exceed 15
years.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Death
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">(a) A lump sum in cash upon
the date of the Qualifying
Distribution Event; or</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">(b) Approximately equal
annual installments over a term
certain as elected by the
Participant upon his entry into
the Plan not to exceed 15
years. This election will only
apply if the participant has
attained age 55 upon this
distribution event.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Disability
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">(a) A lump sum in cash upon
the date of the Qualifying
Distribution Event; or</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">(b) Approximately equal
annual installments over a term
certain as elected by the
Participant upon his entry into
the Plan not to exceed 15
years. This election will only
apply if the participant has
attained age 55 upon this
distribution event.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Change in Control
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">(a) A lump sum in cash upon
the date of the Qualifying
Distribution Event; or</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">(b) Approximately equal
annual installments over a term
certain as elected by the
Participant upon his entry into
the Plan not to exceed 15
years.</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Each Participant may elect in his or her Participant Deferral Agreement the method under which the
vested balance in the Deferred Compensation Account will be distributed from among the designated
payment options. Payment is made in the manner elected by the Participant and commences upon the
date of the Qualifying Distribution Event. A payment is treated as having been made upon the date
of the Qualifying Distribution Event if it is made on such date or a later date within the same
calendar year or, if later, by the 15th day of the third calendar month following the Qualifying
Distribution Event. A payment may be further delayed to the extent permitted in accordance with
regulations and guidance under Section&nbsp;409A of the Internal Revenue Code. The Participant may elect
a different method of payment for each Qualifying Distribution Event.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">If the Participant elects the installment payment option, the payment of each annual installment
shall be made on the anniversary of the date of the first installment payment, and the amount of
the annual installment shall be adjusted on such anniversary for credits or debits to the
Participant&#146;s Deferred Compensation Account. In the event the Participant fails to make a valid
election of the payment method, the distribution will be made in a single lump sum payment upon the
Qualifying Distribution Event.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Participants may elect upon initial enrollment to have accounts distributed upon a change in
control. The Registrant intends to establish a &#147;rabbi&#148; trust for the purpose of setting aside
assets of the Registrant contributed thereto for the payment of benefits under the Plan upon the
occurrence of a change in control. If the Registrant terminates the Plan within thirty days
preceding or twelve months following a change in control, the Deferred Compensation Account of each
Participant will become fully vested and payable to the Participant in a lump sum within twelve
months following the date of termination.
</DIV>


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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The Obligations are unfunded and unsecured general obligations of the Registrant (or the
Participating Employer) and rank pari passu with other unsecured and unsubordinated indebtedness of
the Registrant (or the Participating Employer). The Obligations may not be sold, assigned, pledged,
mortgaged, hypothecated, alienated, encumbered or in any way transferred or conveyed in advance of
receipt. Any attempt by any person to transfer or assign benefits under the Plan other than a claim
for benefits by a Participant or his or her beneficiary(ies), will be null and void. There is no
trading market for the Obligations. The Obligations are not convertible into any other security of
the Registrant (or the Participating Employer). No trustee has been appointed having authority to
take action with respect to such Obligations and each Participant will be responsible for acting
independently with respect to, among other things, the giving of notices, responding to any
requests for consents, waivers or amendment pertaining to the Obligations, enforcing covenants and
taking actions upon default.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The Registrant, in its discretion, may terminate the Plan and distribute benefits to Participants
subject to the following requirements: (a)&nbsp;all arrangements sponsored by the Registrant that would
be aggregated with the Plan are terminated, (b)&nbsp;no payments, other than payments that would be
payable under the terms of the Plan if the termination had not occurred, are made within 12&nbsp;months
of the termination date, (c)&nbsp;all benefits under the Plan are paid within 24&nbsp;months of the
termination date, and (d)&nbsp;the Registrant does not adopt a new arrangement that would be aggregated
with the Plan providing for the deferral of compensation at any time within five years following
the date of termination of the Plan.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;5. Interests of Named Experts and Counsel</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not Applicable.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;6. Indemnification of Directors and Officers</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CVB Financial Corp. is incorporated under the California General Corporation Law. Section&nbsp;317
of the California General Corporation Law (&#147;Section&nbsp;317&#148;) provides a statutory framework covering
indemnification of any officer or director who has been or is threatened to be made a party to any
legal proceeding by reason of his or her service on behalf of the Registrant. Section&nbsp;317 provides
that indemnification against expenses actually and reasonably incurred shall be made to any officer
or director who has been successful on the merits with respect to the defense of any proceeding but
does not require indemnification in other circumstances.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;317 provides that a corporation may indemnify any agent of the Registrant including
officers and directors against expenses, judgments, fines, settlements and other amounts actually
and reasonably incurred in a third party proceeding against such person by reason of that person&#146;s
service on behalf of the Registrant, provided the person acted in good faith and in a manner that
the person reasonably believed to be in the best interests of the Registrant.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;317 further provides that the Registrant may indemnify any agent who was or is a party
or is threatened to be made a party to any threatened, pending or completed action by or in the
right of the Registrant against expenses actually and reasonably incurred by the agent in
connection with the defense or settlement of such action, provided that the person acted in good
faith and in a manner the person believed to be in the best interests of the Registrant and its
shareholders. However, in actions brought by or in the right of the Registrant, indemnification is
not available without court approval for amounts paid in settling or otherwise disposing of a
pending action or expenses incurred in defending a pending action which is disposed of by
settlement or otherwise. Further, with respect to matters for which the agent shall have been
adjudged to be liable to the Registrant, indemnification for expenses is permissible only to the
extent the court shall determine that the agent is fairly and reasonably entitled to
indemnification.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In addition, Section&nbsp;317 provides that the indemnification provided by the statute is not
exclusive of other rights to which those seeking indemnification may be entitled under any bylaw,
agreement, vote of shareholders or disinterested directors or otherwise, to the extent additional
rights are authorized in the Registrant&#146;s Articles of Incorporation. Section&nbsp;317 permits the
advancing of expenses incurred in defending any proceeding against an agent of the Registrant by
reason of that person&#146;s service on behalf of the Registrant upon the giving of an undertaking, or
promise, by the indemnified person to repay those sums in the event it is later determined that the
person is not entitled to be indemnified. Finally, Section&nbsp;317 permits the Registrant to procure
insurance on behalf of its directors, officers, and other corporate agents against liability
asserted against or incurred by these individuals even if the Registrant would not otherwise have
the power under applicable law to indemnify them for their expenses. The Registrant&#146;s Articles of
Incorporation and Bylaws, as amended respectively, authorize the Registrant
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->4<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">to indemnify its agents to the fullest extent permitted under California law. The Registrant
has also adopted indemnification agreements in order to implement the Articles of Incorporation and
Bylaws. The Registrant also maintains directors&#146; and officers&#146; liability insurance.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;7. Exemption from Registration Claimed</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;None.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;8. Exhibits</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following documents are filed as exhibits to this registration.
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="10%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="85%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left">Exhibit</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 1px solid #000000">Number</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000">Description</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">5.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Opinion of Manatt, Phelps &#038; Phillips, LLP.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">10.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Deferred Compensation Plan for Directors &#038; Certain Specified Officers
(incorporated herein by reference as Exhibit&nbsp;10.26 to the Annual Report on Form
10-K filed with the SEC on March&nbsp;1, 2007).</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of Manatt, Phelps &#038; Phillips, LLP (included in Exhibit&nbsp;5.1).</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.2
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of KPMG, LLP, Independent Registered Public Accounting Firm.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.3
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of McGladrey &#038; Pullen, LLC Independent Registered Public Accounting Firm.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">24.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Power of Attorney (included on the signature page).</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;9. Undertakings</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;The Registrant hereby undertakes:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)&nbsp;To file, during any period in which offers are being made, a post-effective amendment to
this Registration Statement:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;To include any prospectus required by Section&nbsp;10(a)(3) of the Securities Act of 1933, as
amended (the &#147;Securities Act&#148;);
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;To reflect in the prospectus any facts or events arising after the effective date of the
Registration Statement (or the most recent post-effective amendment thereof) which, individually or
in the aggregate, represent a fundamental change in the information set forth in the Registration
Statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered
(if the total dollar value of securities offered would not exceed that which was registered) and
any deviation from the low or high end of the estimated maximum offering range may be reflected in
the form of prospectus filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the
changes in volume and price represent no greater than a 20% change in the maximum aggregate
offering price set forth in the &#147;Calculation of Registration Fee&#148; table in the effective
registration statement;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii)&nbsp;To include any material information with respect to the plan of distribution not
previously disclosed in the Registration Statement or any material change to such information in
the Registration Statement;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;provided, however, that paragraphs (a)(1)(i) and (a)(1)(ii) herein do not apply if the
information required to be included in a post-effective amendment by those paragraphs is contained
in periodic reports filed with or furnished to the Commission by the registrant pursuant to Section
13 or Section 15(d) of the Exchange Act that are incorporated by reference in the Registration
Statement;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2)&nbsp;That, for the purposes of determining any liability under the Securities Act, each such
post-effective amendment shall be deemed to be a new registration statement relating to the
securities offered therein, and the offering of such securities at that time shall be deemed to be
the initial bonafide offering thereof; and
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3)&nbsp;To remove from registration by means of a post-effective amendment any of the securities
being registered which remain unsold at the termination of the offering.
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->5<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;The Registrant hereby undertakes that, for purposes of determining any liability under the
Securities Act, each filing of the Registrant&#146;s annual report pursuant to Section 13(a) or 15(d) of
the Exchange Act (and, where applicable, each filing of an employee benefit plan&#146;s annual report
pursuant to Section 15(d) of the Exchange Act) that is incorporated by reference in the
Registration Statement shall be deemed to be a new registration statement relating to the
securities offered therein, and the offering of such securities at that time shall be deemed to be
the initial bona fide offering thereof.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;Insofar as indemnification for liabilities arising under the Securities Act may be
permitted to the directors, officers, and controlling persons of the Registrant pursuant to the
foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the
Commission such indemnification is against public policy as expressed in the Securities Act and is,
therefor, unenforceable. In the event that a claim for indemnification against such liabilities
(other than the payment by the Registrant of expenses incurred or paid by a director, officer, or
controlling person of the Registrant in the successful defense of any action, suit or proceeding)
is asserted by such director, officer, or controlling person in connection with the securities
being registered, the Registrant will, unless in the opinion of its counsel the matter has been
settled by controlling precedent, submit to a court of appropriate jurisdiction the question
whether such indemnification by it is against public policy as expressed in the Securities Act and
will be governed by final adjudication of such issue.
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->6<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>SIGNATURES</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant
certifies that it has reasonable grounds to believe that it meets all of the requirements for
filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by
the undersigned, thereunto duly authorized, in the City of Ontario, State of California, on April
1, 2008.
</DIV>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left"><B>CVB FINANCIAL CORP.</B><BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/ Edward J. Biebrich, Jr.</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Name:&nbsp;&nbsp;</TD>
    <TD align="left">Edward J. Biebrich, Jr.&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Title:&nbsp;&nbsp;</TD>
    <TD align="left">Executive Vice President and Chief Executive
Officer&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>POWER OF ATTORNEY</B>
</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KNOW ALL MEN BY THESE PRESENTS, each person whose signature appears below constitutes and
appoints Christopher D. Myers and Edward J. Biebrich, Jr. and each of them acting individually, as
his true and lawful attorneys-in-fact and agents, with full power of substitution and
resubstitution, for him and in his name, place and stead, in any and all capacities, to sign any
and any amendments to this Registration Statement, and to file the same, with all exhibits thereto,
and all other documents in connection therewith, with the Securities and Exchange Commission,
granting unto said attorneys-in-fact and agents full power and authority to do and perform each and
every act and thing requisite and necessary to be done in and about the premises, as fully to all
intents and purposes as he or she might or could do in person, hereby ratifying and confirming all
that said attorneys-in fact and agents or his substitute and substitutes, may lawfully do or cause
to be done by virtue hereof.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration
Statement has been signed by the following persons in the capacities and on the dates indicated.
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="25%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="25%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Signature</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Title</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Date</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->

<TR valign="top" style="padding-top: 1em">
    <TD align="center" valign="top">/s/ Christopher D. Myers<BR>
<DIV style="font-size: 1pt; border-bottom: 1px solid #000000">&nbsp;</DIV>
Christopher D. Myers</TD>
    <TD>&nbsp;</TD>
    <TD align="left">
President and Chief
Executive Officer
(Principal Executive
Officer)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">April 1, 2008</TD>
</TR>
<TR valign="top" style="padding-top: 1em">
    <TD align="center" valign="top">/s/ Edward J. Biebrich, Jr.<BR>
<DIV style="font-size: 1pt; border-bottom: 1px solid #000000">&nbsp;</DIV>
Edward J. Biebrich, Jr.</TD>
    <TD>&nbsp;</TD>
    <TD align="left">
Executive Vice President
and Chief Financial
Officer (Principal
Financial Officer,
Principal Accounting
Officer)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">April 1, 2008</TD>
</TR>
<TR valign="top" style="padding-top: 1em">
    <TD align="center" valign="top">/s/ George A. Borba<BR>
<DIV style="font-size: 1pt; border-bottom: 1px solid #000000">&nbsp;</DIV>
George A. Borba</TD>
    <TD>&nbsp;</TD>
    <TD align="left">
Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">April 1, 2008</TD>
</TR>
<TR valign="top" style="padding-top: 1em">
    <TD align="center" valign="top">/s/ John A. Borba<BR>
<DIV style="font-size: 1pt; border-bottom: 1px solid #000000">&nbsp;</DIV>
John A. Borba</TD>
    <TD>&nbsp;</TD>
    <TD align="left">
Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">April 1, 2008</TD>
</TR>
<TR valign="top" style="padding-top: 1em">
    <TD align="center" valign="top">/s/ Ronald O. Kruse<BR>
<DIV style="font-size: 1pt; border-bottom: 1px solid #000000">&nbsp;</DIV>
Ronald O. Kruse</TD>
    <TD>&nbsp;</TD>
    <TD align="left">
Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">April 1, 2008</TD>
</TR>
<TR valign="top" style="padding-top: 1em">
    <TD align="center" valign="top">/s/ Robert M. Jacoby<BR>
<DIV style="font-size: 1pt; border-bottom: 1px solid #000000">&nbsp;</DIV>
Robert M. Jacoby</TD>
    <TD>&nbsp;</TD>
    <TD align="left">
Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">April 1, 2008</TD>
</TR>
<TR valign="top" style="padding-top: 1em">
    <TD align="center" valign="top">/s/ James C. Seley<BR>
<DIV style="font-size: 1pt; border-bottom: 1px solid #000000">&nbsp;</DIV>
James C. Seley</TD>
    <TD>&nbsp;</TD>
    <TD align="left">
Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">April 1, 2008</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->7<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="25%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="25%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Signature</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Title</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Date</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="top" style="padding-top: 1em">
    <TD align="center" valign="top">/s/ San E. Vaccaro<BR>
<DIV style="font-size: 1pt; border-bottom: 1px solid #000000">&nbsp;</DIV>
San E. Vaccaro</TD>
    <TD>&nbsp;</TD>
    <TD align="left">
Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">April 1, 2008</TD>
</TR>

<TR valign="top" style="padding-top: 1em">
    <TD align="center" valign="top">/s/ D. Linn Wiley<BR>
<DIV style="font-size: 1pt; border-bottom: 1px solid #000000">&nbsp;</DIV>
D. Linn Wiley</TD>
    <TD>&nbsp;</TD>
    <TD align="left">
Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">April 1, 2008</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->8<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>EXHIBIT INDEX</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="10%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="85%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left">Exhibit</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 1px solid #000000">Number</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000">Description</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">5.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Opinion of Manatt, Phelps &#038; Phillips, LLP.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">10.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Deferred Compensation Plan for Directors &#038; Certain Specified Officers
(incorporated herein by reference as Exhibit&nbsp;10.26 to the Annual Report on Form
10-K filed with the SEC on March&nbsp;1, 2007).</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of Manatt, Phelps &#038; Phillips, LLP (included in Exhibit&nbsp;5.1).</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.2
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of KPMG, LLP, Independent Registered Public Accounting Firm.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.3
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of McGladrey &#038; Pullen, LLC Independent Registered Public Accounting Firm.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">24.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Power of Attorney (included on the signature page).</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


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</DIV>

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sv8
As filed with the Securities and Exchange Commission on April 1, 2008
Registration No. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
CVB FINANCIAL CORP.
(Exact name of Registrant as specified in its charter)
California
95-3629339
(State or other jurisdiction of
incorporation or organization)
(I.R.S. Employer
Identification No.)
701 N. Haven Avenue, Suite 350
Ontario, CA 91764
(909) 980-4030
(Address, including zip code, and telephone number, including area code of registrant's principal executive offices)
DEFERRED COMPENSATION PLAN FOR DIRECTORS & CERTAIN SPECIFIED OFFICERS
(Full Title of the Plan)
Edward J. Biebrich, Jr.
Executive Vice President and Chief Financial Officer
701 N. Haven Avenue, Suite 350
Ontario, CA 91764
(909) 980-4030
(Name, address, including zip code, telephone number, including area code, of agent for service)
Copies to:
William T. Quicksilver, Esq.
Craig D. Miller, Esq.
Manatt, Phelps & Phillips, LLP
11355 West Olympic Boulevard
Los Angeles, California 90064
(310) 312-4000
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company. See the definitions of "large accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act. (Check one):
Large accelerated filer
þ
Accelerated filer
o
Non-accelerated filer
o
(Do not check if a smaller reporting company)
Smaller reporting company
o
CALCULATION OF REGISTRATION FEE
Proposed Maximum
Proposed Maximum
Title of Securities
Amount to be
Offering Price
Aggregate
Amount of
to be Registered
Registered(1)
per Share(2)
Offering Price(2)
Registration Fee
Deferred
Compensation
Obligations
$6,000,000
N/A
$6,000,000
$235.80
(1)
The deferred compensation obligations are unsecured obligations of the
Registrant to pay deferred compensation in the future in accordance
with the terms of the Registrant's Deferred Compensation Plan for
Directors & Certain Specified Officers.
(2)
This estimate is made pursuant to Rule 457(h) under the Securities Act
of 1933, as amended, based on the estimated amount of compensation
that may be deferred under the plan. Estimated for purposes of
calculating the registration fee in accordance with Rule 457(o) under
the Securities Act of 1933.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
CVB Financial Corp. (the "Registrant") hereby files this Registration Statement on Form S-8
with the Securities and Exchange Commission (the "Commission") relating to $6,000,000 worth of
unsecured obligations of the Registrant to pay deferred compensation in the future in accordance
with the terms of the Deferred Compensation Plan for Directors & Certain Specified Officers,
effective as of February 21, 2007 (the "Plan").
Item 3. Incorporation of Documents by Reference
The following documents filed by the Registrant with the Commission are incorporated herein by
reference:
(a) Annual Report on Form 10-K filed pursuant to Section 13(a) or 15(d) of the Securities
Exchange Act of 1934, as amended (the "Exchange Act"), containing audited financial statements for
Registrant's fiscal year ended December 31, 2007, filed with the Commission on February 29, 2008
and amended on March 6, 2008.
(b) The Registrant's Current Reports on 8-K filed with the Commission on January 22, 2008,
March 24, 2008, and March 25, 2008.
All documents subsequently filed by the Registrant pursuant to Sections 13(a), 13(c), 14 and
15(d) of the Exchange Act, prior to the filing of a post-effective amendment which indicates that
all securities offered hereby have been sold or which deregisters all securities then remaining
unsold, shall be deemed to be incorporated by reference in this registration statement and to be
part hereof from the date of the filing of such documents.
Any statement contained in a document incorporated or deemed to be incorporated by reference
herein shall be deemed to be modified or superseded for the purposes of this registration statement
to the extent that a statement contained herein or in any other subsequently filed document which
also is or is deemed to be incorporated by reference herein modifies or supersedes such statement.
Any statement so modified or superseded shall not be deemed, except as so modified or superseded,
to constitute a part of this registration statement.
Item 4. Description of Securities
Under the Plan, the Registrant (or the Registrant's wholly owned subsidiary, Citizens Business
Bank, as the "Participating Employer," if the Registrant is not the Participant's employer) will
provide certain employees or independent contractors who have been designated by the Compensation
Committee of the Board of Directors (the "Committee") as a participant in the Plan (each a
"Participant" and collectively, the "Participants") the opportunity to defer receipt of
compensation from the Registrant by a percentage specified in each Participant's "Participant
Deferral Agreement." The "Participant Deferral Agreement" is a written agreement between the
Registrant (or the Participating Employer) and the Participant which sets forth the terms of a
Participant's deferred compensation arrangement. The securities being registered represent
obligations (the "Obligations") of the Registrant (or the Participating Employer) under the Plan to
pay to the Participants the value of the deferred compensation in the future.
Each Participant is eligible to defer up to a maximum of 75% of his or her base salary and 100% of
each of his or her performance-based compensation, other bonus, any commission, and any independent
contractor compensation, as long as the Participant defers a minimum of $2,000. The election to
defer receipt of compensation must be made by January 1 of the year prior to the year in which the
compensation is paid.
Each Participant's deferred compensation is credited to a book reserve account called a "Deferred
Compensation Account" on any business day on which the Participant's deferral is received by the
Registrant. The Deferred Compensation Account is credited with an investment return determined as
if the account were invested in one or more investment funds made available by the Committee (as
such investment choices may change from time to time). The investment election of the Participant
remains in effect until a new election is made by the Participant. If
a Participant fails to make an election, the investment return will be determined by the Committee.
The Plan does
2
not provide for any fixed or guaranteed rate of return on compensation deferred by
Participants. The Registrant (or the Participating Employer) does not guarantee the performance of
any of the investment measurement options available to Participants under the Plan, nor does it
guarantee any minimum return or payments to any Participant, which may be more or less than the
amount(s) of compensation that a Participant elected to defer.
Any benefit payable under the Plan upon a "Qualifying Distribution Event" (the events listed below)
may be made to the Participant or his beneficiary (as applicable) in any of the following payment
forms, as selected by the Participant in his or her Participant Deferral Agreement:
Qualifying Distribution Event
Forms of Payment
Separation from Service other than
Retirement (Retirement is defined by the
Registrant)
A lump sum in cash as soon as
practicable following the date
of the Qualifying Distribution
Event.
Separation from Service due to Retirement
Approximately equal annual
installments over a term
certain as elected by the
Participant upon his entry into
the Plan not to exceed 15
years.
Death
(a) A lump sum in cash upon
the date of the Qualifying
Distribution Event; or
(b) Approximately equal
annual installments over a term
certain as elected by the
Participant upon his entry into
the Plan not to exceed 15
years. This election will only
apply if the participant has
attained age 55 upon this
distribution event.
Disability
(a) A lump sum in cash upon
the date of the Qualifying
Distribution Event; or
(b) Approximately equal
annual installments over a term
certain as elected by the
Participant upon his entry into
the Plan not to exceed 15
years. This election will only
apply if the participant has
attained age 55 upon this
distribution event.
Change in Control
(a) A lump sum in cash upon
the date of the Qualifying
Distribution Event; or
(b) Approximately equal
annual installments over a term
certain as elected by the
Participant upon his entry into
the Plan not to exceed 15
years.
Each Participant may elect in his or her Participant Deferral Agreement the method under which the
vested balance in the Deferred Compensation Account will be distributed from among the designated
payment options. Payment is made in the manner elected by the Participant and commences upon the
date of the Qualifying Distribution Event. A payment is treated as having been made upon the date
of the Qualifying Distribution Event if it is made on such date or a later date within the same
calendar year or, if later, by the 15th day of the third calendar month following the Qualifying
Distribution Event. A payment may be further delayed to the extent permitted in accordance with
regulations and guidance under Section 409A of the Internal Revenue Code. The Participant may elect
a different method of payment for each Qualifying Distribution Event.
If the Participant elects the installment payment option, the payment of each annual installment
shall be made on the anniversary of the date of the first installment payment, and the amount of
the annual installment shall be adjusted on such anniversary for credits or debits to the
Participant's Deferred Compensation Account. In the event the Participant fails to make a valid
election of the payment method, the distribution will be made in a single lump sum payment upon the
Qualifying Distribution Event.
Participants may elect upon initial enrollment to have accounts distributed upon a change in
control. The Registrant intends to establish a "rabbi" trust for the purpose of setting aside
assets of the Registrant contributed thereto for the payment of benefits under the Plan upon the
occurrence of a change in control. If the Registrant terminates the Plan within thirty days
preceding or twelve months following a change in control, the Deferred Compensation Account of each
Participant will become fully vested and payable to the Participant in a lump sum within twelve
months following the date of termination.
3
The Obligations are unfunded and unsecured general obligations of the Registrant (or the
Participating Employer) and rank pari passu with other unsecured and unsubordinated indebtedness of
the Registrant (or the Participating Employer). The Obligations may not be sold, assigned, pledged,
mortgaged, hypothecated, alienated, encumbered or in any way transferred or conveyed in advance of
receipt. Any attempt by any person to transfer or assign benefits under the Plan other than a claim
for benefits by a Participant or his or her beneficiary(ies), will be null and void. There is no
trading market for the Obligations. The Obligations are not convertible into any other security of
the Registrant (or the Participating Employer). No trustee has been appointed having authority to
take action with respect to such Obligations and each Participant will be responsible for acting
independently with respect to, among other things, the giving of notices, responding to any
requests for consents, waivers or amendment pertaining to the Obligations, enforcing covenants and
taking actions upon default.
The Registrant, in its discretion, may terminate the Plan and distribute benefits to Participants
subject to the following requirements: (a) all arrangements sponsored by the Registrant that would
be aggregated with the Plan are terminated, (b) no payments, other than payments that would be
payable under the terms of the Plan if the termination had not occurred, are made within 12 months
of the termination date, (c) all benefits under the Plan are paid within 24 months of the
termination date, and (d) the Registrant does not adopt a new arrangement that would be aggregated
with the Plan providing for the deferral of compensation at any time within five years following
the date of termination of the Plan.
Item 5. Interests of Named Experts and Counsel
Not Applicable.
Item 6. Indemnification of Directors and Officers
CVB Financial Corp. is incorporated under the California General Corporation Law. Section 317
of the California General Corporation Law ("Section 317") provides a statutory framework covering
indemnification of any officer or director who has been or is threatened to be made a party to any
legal proceeding by reason of his or her service on behalf of the Registrant. Section 317 provides
that indemnification against expenses actually and reasonably incurred shall be made to any officer
or director who has been successful on the merits with respect to the defense of any proceeding but
does not require indemnification in other circumstances.
Section 317 provides that a corporation may indemnify any agent of the Registrant including
officers and directors against expenses, judgments, fines, settlements and other amounts actually
and reasonably incurred in a third party proceeding against such person by reason of that person's
service on behalf of the Registrant, provided the person acted in good faith and in a manner that
the person reasonably believed to be in the best interests of the Registrant.
Section 317 further provides that the Registrant may indemnify any agent who was or is a party
or is threatened to be made a party to any threatened, pending or completed action by or in the
right of the Registrant against expenses actually and reasonably incurred by the agent in
connection with the defense or settlement of such action, provided that the person acted in good
faith and in a manner the person believed to be in the best interests of the Registrant and its
shareholders. However, in actions brought by or in the right of the Registrant, indemnification is
not available without court approval for amounts paid in settling or otherwise disposing of a
pending action or expenses incurred in defending a pending action which is disposed of by
settlement or otherwise. Further, with respect to matters for which the agent shall have been
adjudged to be liable to the Registrant, indemnification for expenses is permissible only to the
extent the court shall determine that the agent is fairly and reasonably entitled to
indemnification.
In addition, Section 317 provides that the indemnification provided by the statute is not
exclusive of other rights to which those seeking indemnification may be entitled under any bylaw,
agreement, vote of shareholders or disinterested directors or otherwise, to the extent additional
rights are authorized in the Registrant's Articles of Incorporation. Section 317 permits the
advancing of expenses incurred in defending any proceeding against an agent of the Registrant by
reason of that person's service on behalf of the Registrant upon the giving of an undertaking, or
promise, by the indemnified person to repay those sums in the event it is later determined that the
person is not entitled to be indemnified. Finally, Section 317 permits the Registrant to procure
insurance on behalf of its directors, officers, and other corporate agents against liability
asserted against or incurred by these individuals even if the Registrant would not otherwise have
the power under applicable law to indemnify them for their expenses. The Registrant's Articles of
Incorporation and Bylaws, as amended respectively, authorize the Registrant
4
to indemnify its agents to the fullest extent permitted under California law. The Registrant
has also adopted indemnification agreements in order to implement the Articles of Incorporation and
Bylaws. The Registrant also maintains directors' and officers' liability insurance.
Item 7. Exemption from Registration Claimed
None.
Item 8. Exhibits
The following documents are filed as exhibits to this registration.
Exhibit
Number
Description
5.1
Opinion of Manatt, Phelps & Phillips, LLP.
10.1
Deferred Compensation Plan for Directors & Certain Specified Officers
(incorporated herein by reference as Exhibit 10.26 to the Annual Report on Form
10-K filed with the SEC on March 1, 2007).
23.1
Consent of Manatt, Phelps & Phillips, LLP (included in Exhibit 5.1).
23.2
Consent of KPMG, LLP, Independent Registered Public Accounting Firm.
23.3
Consent of McGladrey & Pullen, LLC Independent Registered Public Accounting Firm.
24.1
Power of Attorney (included on the signature page).
Item 9. Undertakings
(a) The Registrant hereby undertakes:
(1) To file, during any period in which offers are being made, a post-effective amendment to
this Registration Statement:
(i) To include any prospectus required by Section 10(a)(3) of the Securities Act of 1933, as
amended (the "Securities Act");
(ii) To reflect in the prospectus any facts or events arising after the effective date of the
Registration Statement (or the most recent post-effective amendment thereof) which, individually or
in the aggregate, represent a fundamental change in the information set forth in the Registration
Statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered
(if the total dollar value of securities offered would not exceed that which was registered) and
any deviation from the low or high end of the estimated maximum offering range may be reflected in
the form of prospectus filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the
changes in volume and price represent no greater than a 20% change in the maximum aggregate
offering price set forth in the "Calculation of Registration Fee" table in the effective
registration statement;
(iii) To include any material information with respect to the plan of distribution not
previously disclosed in the Registration Statement or any material change to such information in
the Registration Statement;
provided, however, that paragraphs (a)(1)(i) and (a)(1)(ii) herein do not apply if the
information required to be included in a post-effective amendment by those paragraphs is contained
in periodic reports filed with or furnished to the Commission by the registrant pursuant to Section
13 or Section 15(d) of the Exchange Act that are incorporated by reference in the Registration
Statement;
(2) That, for the purposes of determining any liability under the Securities Act, each such
post-effective amendment shall be deemed to be a new registration statement relating to the
securities offered therein, and the offering of such securities at that time shall be deemed to be
the initial bonafide offering thereof; and
(3) To remove from registration by means of a post-effective amendment any of the securities
being registered which remain unsold at the termination of the offering.
5
(b) The Registrant hereby undertakes that, for purposes of determining any liability under the
Securities Act, each filing of the Registrant's annual report pursuant to Section 13(a) or 15(d) of
the Exchange Act (and, where applicable, each filing of an employee benefit plan's annual report
pursuant to Section 15(d) of the Exchange Act) that is incorporated by reference in the
Registration Statement shall be deemed to be a new registration statement relating to the
securities offered therein, and the offering of such securities at that time shall be deemed to be
the initial bona fide offering thereof.
(c) Insofar as indemnification for liabilities arising under the Securities Act may be
permitted to the directors, officers, and controlling persons of the Registrant pursuant to the
foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the
Commission such indemnification is against public policy as expressed in the Securities Act and is,
therefor, unenforceable. In the event that a claim for indemnification against such liabilities
(other than the payment by the Registrant of expenses incurred or paid by a director, officer, or
controlling person of the Registrant in the successful defense of any action, suit or proceeding)
is asserted by such director, officer, or controlling person in connection with the securities
being registered, the Registrant will, unless in the opinion of its counsel the matter has been
settled by controlling precedent, submit to a court of appropriate jurisdiction the question
whether such indemnification by it is against public policy as expressed in the Securities Act and
will be governed by final adjudication of such issue.
6
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant
certifies that it has reasonable grounds to believe that it meets all of the requirements for
filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by
the undersigned, thereunto duly authorized, in the City of Ontario, State of California, on April
1, 2008.
CVB FINANCIAL CORP.
By:
/s/ Edward J. Biebrich, Jr.
Name:
Edward J. Biebrich, Jr.
Title:
Executive Vice President and Chief Executive
Officer
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, each person whose signature appears below constitutes and
appoints Christopher D. Myers and Edward J. Biebrich, Jr. and each of them acting individually, as
his true and lawful attorneys-in-fact and agents, with full power of substitution and
resubstitution, for him and in his name, place and stead, in any and all capacities, to sign any
and any amendments to this Registration Statement, and to file the same, with all exhibits thereto,
and all other documents in connection therewith, with the Securities and Exchange Commission,
granting unto said attorneys-in-fact and agents full power and authority to do and perform each and
every act and thing requisite and necessary to be done in and about the premises, as fully to all
intents and purposes as he or she might or could do in person, hereby ratifying and confirming all
that said attorneys-in fact and agents or his substitute and substitutes, may lawfully do or cause
to be done by virtue hereof.
Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration
Statement has been signed by the following persons in the capacities and on the dates indicated.
Signature
Title
Date
/s/ Christopher D. Myers
Christopher D. Myers
President and Chief
Executive Officer
(Principal Executive
Officer)
April 1, 2008
/s/ Edward J. Biebrich, Jr.
Edward J. Biebrich, Jr.
Executive Vice President
and Chief Financial
Officer (Principal
Financial Officer,
Principal Accounting
Officer)
April 1, 2008
/s/ George A. Borba
George A. Borba
Director
April 1, 2008
/s/ John A. Borba
John A. Borba
Director
April 1, 2008
/s/ Ronald O. Kruse
Ronald O. Kruse
Director
April 1, 2008
/s/ Robert M. Jacoby
Robert M. Jacoby
Director
April 1, 2008
/s/ James C. Seley
James C. Seley
Director
April 1, 2008
7
Signature
Title
Date
/s/ San E. Vaccaro
San E. Vaccaro
Director
April 1, 2008
/s/ D. Linn Wiley
D. Linn Wiley
Director
April 1, 2008
8
EXHIBIT INDEX
Exhibit
Number
Description
5.1
Opinion of Manatt, Phelps & Phillips, LLP.
10.1
Deferred Compensation Plan for Directors & Certain Specified Officers
(incorporated herein by reference as Exhibit 10.26 to the Annual Report on Form
10-K filed with the SEC on March 1, 2007).
23.1
Consent of Manatt, Phelps & Phillips, LLP (included in Exhibit 5.1).
23.2
Consent of KPMG, LLP, Independent Registered Public Accounting Firm.
23.3
Consent of McGladrey & Pullen, LLC Independent Registered Public Accounting Firm.
24.1
Power of Attorney (included on the signature page).
9