California

The credit union retains a strong net worth position and saw a nearly 5% increase in members during the first three quarters of this year.

CIT Group has agreed to lend and invest the money mostly in California as well as in the eight states where Mutual of Omaha Bank has branches.

Michael DeShazo has been serving as interim leader of the San Diego-based institution since the previous CEO left in June.

Executives at banks in California say there's only so much they can do until the flames subside.

The transaction will expand the CUSO's reach to nearly 1,200 credit unions.

The Los Angeles bank is taking its wealth management and entertainment financing businesses to Miami and Long Island as part of its effort to expand nationally.

The $32 million merger will create a bank with nearly $1 billion in assets.

Malaga Financial has no intention of diversifying its portfolio despite heavier competition and potential funding challenges.

Northern California utility company PG&E recently shut off power to more than 2 million consumers, meaning some insitutions had to move quickly to minimize the outages' impact on operations.

At a national level, loan growth has been on the decline for months and could still get worse. Here's how some credit unions are tackling the issue.