California

With millions of Americans struggling with Alzheimer’s and other diseases of the brain, there are ways for credit unions to better serve older members.

Members of McClatchy Employees Credit Union have approved a proposal to merge into First U.S. Community Credit Union.

The number of mergers approved in the first quarter was down significantly but experts are unsure of how long that will last.

The Credit Union Internal Auditors Association is set to merge into the Association of Credit Union Internal Auditors.

The bank will have about $1 billion in assets after it acquires Lighthouse Bank, which is also based in Santa Cruz.

Having already recently absorbed Los Angeles-based Cedars-Sinai FCU, Credit Union of Southern California is now set to pick up tiny FedONE FCU.

The California-based institution posted growth in loans but saw net income fall from a year earlier.

While regulation and nonbank competition are spooking some banks and credit unions, others believe low funding costs and the right relationships can help them succeed.

While regulation and nonbank competition are spooking some banks, others believe low funding costs and the right relationships can help them succeed.

The Bay Area is a booming market with a limited number of smaller banks. The high premium Presidio is receiving from Heritage Commerce might spark more M&A activity.