-
First Foundation sold loans to Freddie Mac to free up space for higher-yielding credits. It then bought the securities that were formed to replace other, lower-yielding assets through an often overlooked program.
October 1 -
From "BayBucks" to service excellence awards, California's Bay Federal Credit Union is committed to recognizing staff who go the extra mile.
September 28 -
Hanmi Financial wants SWNB in Houston to pay a termination fee, citing "material breaches" of covenants tied to their now-defunct merger agreement.
September 27 -
Colin Walsh, Varo Money's CEO, learned a lot from his first stab at deposit insurance. Lesson one: Work with one regulator at a time.
September 27 -
The law gives residents more — and welcome — control over their data. But it will take work for credit unions to meet the new requirements, such as possibly having to amend third-party vendor agreements.
September 27
Samaha & Associates -
Riverside, Calif.-based Altura Credit Union believes happy staffers will lead to happy members.
September 25 -
The legislation would help small-business owners better evaluate financing options by requiring updated disclosures.
September 25
Lending Club -
The merger, recently approved by Denali's membership, will create a $2.2 billion-asset credit union with dozens of branches across five Western states.
September 25 -
All three credit unions hold less than $250 million in assets.
September 20 -
The legislation, which creates new disclosure standards for financing costs, could hamstring commercial lenders that offer revolving credit facilities.
September 19
Commercial Finance Association -
The Los Angeles company will also gain its first branches in Nevada after completing the $467 million acquisition.
September 12 -
Technology developers have little choice but to see big data deals like Mastercard’s reported collaboration with Google as an opportunity for deep, actionable analysis, setting aside the chilling effect of privacy concerns and a consumer buy in.
September 6 -
Hanmi thought it was all set to buy SWNB in Houston, but the seller was unable to secure enough shareholder votes to back the deal.
August 31 -
SDCCU’s member base increased by 10 percent during the first half of 2018, while total assets remain at $8.4 billion.
August 30 -
The decision to adopt the name Axos Bank seems to put more distance between the company and its internet roots.
August 27 -
Hanmi Financial in Los Angeles will pay more of the deal price in cash, prompting SWNB Bancorp to postpone its shareholder vote.
August 21 -
The Oakland bank has raised $25 million through a private placement of common stock.
August 17 -
CO-OP Financial Services is currently pilot testing the new data-driven tool with credit unions in its shared branching network.
August 17 -
Cook has been with the credit union since 2015, and his appointment to the top job follows months of tumult after the previous CEO was fired in March.
August 17 -
The board chair for CoastHills Credit Union says a wrongful termination suit by ousted CEO Jeff York is full of "false allegations," and that the credit union acted in the "best interests" of members.
August 16














