California

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.