California

Many credit unions already know they need to diversity their slate of directors. Here's how a handful of CUs have already started that process.

Auto lending in particular was a strong area for institutions in both states.

The parent company of Silicon Valley Bank predicted a strong year, saying the high-tech and other niches it serves are built to withstand current economic uncertainty.

Keith Wilton will also succeed Walter Kaczmarek as president in August.

The $1.9 billion-asset Schools Financial Credit Union has plans to merge into SchoolsFirst, which is already the largest credit union in California.

The consent order against California Check Cashing Stores is part of a broader crackdown by the Department of Business Oversight on small-dollar lenders trying to skirt interest rate limits.

Coast-Tel Federal Credit Union is merging into Bay Federal Credit Union on Feb. 1 with the integration expected to be completed by midyear.

The San Francisco company's quarterly earnings also reflected higher wealth management revenue.

The tricky part: raising awareness without appearing to take advantage of borrowers at a time when agencies like the SBA are out of commission.

With government workers off the job, some credit union call centers are extra busy as worried members reach out with questions.