California

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.

Intrepid Investment Bankers provides advice on M&A and capital markets activities.

As government employees carry on without pay, Cabrillo Credit Union and others must balance liquidity concerns with staying out of a political fight.

Tom Meuser, the chairman of El Dorado Savings in California, said he could not get the necessary two-thirds backing from his shareholders because of recent declines in bank stock prices.

A state-backed bank would not be financially feasible because capital requirements would be too high and it likely wouldn’t return profits to the state for at least 30 years, consultants concluded.

The branch closures will reduce overhead by an estimated $1.9 million a year.

The pressure is on CEO Christopher Myers, one of our community bankers to watch, to make the most of CVB Financial's biggest acquisition to date.

Christopher O’Malley is set to lead the California-based institution as Ron Berry retires.

Financial institutions had used existing banking laws as a shield against broader privacy protections, but a California law enacted this summer could threaten that strategy.

A U.S. District judge in Scranton denied the student lender's motion to dismiss the suit.

The San Diego bank has agreed to assume $225 million in deposits at no premium from Modern Woodmen of America, which is shuttering MWABank, its direct bank subsidiary.

The California congresswoman would be the first woman and first African-American to lead the committee.

The former head of Heritage Oaks Bancorp says she relishes a chance to reinvent Luther Burbank, a thrift that wants to make more commercial loans — a shift she has deftly orchestrated before.

Uniti Financial focuses on the Korean-American community through three offices around Los Angeles.

Simone Lagomarsino, former CEO of Heritage Oak Bank, will succeed John Biggs next month.