California

New report provides info on how credit unions in the two states are growing, offering key market intel as they head into strategic planning.

The new business will advise Live Oak clients on how to structure and finance acquisitions.

San Diego County Credit Union doubles down on sponsorships, inks stadium naming rights deal.

The California company will pay nearly $3 million to address claims it failed to pay employees for overtime.

The banking companies agreed to terminate their planned merger after regulators withheld approval. The snag is tied to a previously disclosed issue with Hope's 2016 financial results.

New clients will use vendor’s KeyStone core processing system.

Jeffrey Seabold, Banc of California’s former vice chairman, alleges that he and ex-CEO Steven Sugarman were scapegoats for inappropriate behavior by certain directors and that the company manipulated its first-quarter earnings.

At NASCUS meeting, Rick Metsger says the regulator is listening to all points of view.

SDCCU’s member base increased nearly 10 percent in one year, as total assets rose to $8.2 billion.

Wells Fargo forced borrowers to pay millions of dollars in fees to extend interest rate locks that expired due to the bank's delays in processing mortgage applications, a lawsuit claims.

CULedger, LLC is backed by CUNA, Mountain West CU Association, Best Innovation Group.

California-based CU grew loans by 16.3 percent, adding 1,000 new members per month.

The company will pay $51 million for Bank of Napa, adding two branches and nearly $250 million in assets.

Doug Bowers said the company has moved beyond past issues, including corporate governance shortcomings and the abrupt departure of his predecessor, and is ready to bring in more loans and core deposits.

Children also will receive school supplies, financial literacy resources.

Mendo Lake CU, Community First CU will join core systems this weekend.

A reserve release helped offset lower net interest income, reflecting the California company's efforts to exit businesses that hurt its bottom line last year.

While industry consolidation remains slow compared with previous years, certain regions are humming along with strong volume and improved pricing. Here’s a look at each region based on June 30 data from KBW and S&P Global Market Intelligence.

Several RBB Bancorp executives and directors, including CEO Alan Thian, will also sell a significant number of shares when the Los Angeles company goes public.

The nation’s largest state set out to bring a once-illicit industry into the financial mainstream but is now running into a Washington, D.C.-size barrier.