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First Internet Bancorp is the latest institution to enter the business or to significantly expand operations.
January 12 -
People's Utah Bancorp in American Fork has its next chief financial officer waiting in the wings a year in advance.
January 10 -
The state's highest court ruled that lenders affiliated with Native American tribes are not entitled to sovereign immunity and must comply with state interest rate caps. It marks the latest triumph for consumer groups and state governments that have sought to rein in high-cost consumer lenders.
January 3 -
The phony-accounts scandal at Wells Fargo illustrates how sales quotas can incent bad behavior. Is your bank effectively mitigating the risk of 'managing to metrics'? Or could it be in danger of becoming a 'cargo cult'?
January 2 -
The Treasury Department has significantly reduced its stake in Broadway Financial in Los Angeles.
December 23 -
Stephen Gordon has long been known as an entrepreneurial banker, which helped him expand his California bank aggressively over a five-year period. A spike in chargeoffs that led to a third-quarter loss spurred Gordon to beef up credit oversight. The question is whether that effort will stymie loan growth.
December 23 -
Castle Creek Capital has sold its entire stake in Heritage Commerce in San Jose, Calif.
December 21 -
CVB Financial in Ontario, Calif., and Valley Commerce Bancorp in Visalia, Calif., have amended the terms of their planned merger.
December 20 -
Banc of California in Irvine and PL Capital have reached an apparent truce, as the bank agreed to consider letting the activist investor group submit two nominees to next year's board election.
December 19 -
Pinnacle Bank in Gilroy, Calif., has appointed a new CEO and its current leaders will move into a newly created role.
December 16