California

CO-OP Financial Services is currently pilot testing the new data-driven tool with credit unions in its shared branching network.

Cook has been with the credit union since 2015, and his appointment to the top job follows months of tumult after the previous CEO was fired in March.

The board chair for CoastHills Credit Union says a wrongful termination suit by ousted CEO Jeff York is full of "false allegations," and that the credit union acted in the "best interests" of members.

NCUF working with California Credit Union League to distribute disaster relief funds where needed.

Keith Mestrich, who runs the union-founded bank, plans to use a more liquid stock to pursue acquisitions in cities such as Boston, Seattle and Los Angeles.

Lending to problematic or serial evictors can cause people to be pushed out of their homes in the name of profits. Banks must adopt standards against this practice.

After being fired earlier this year, former CEO Jeff York says in legal action he was let go without cause, prior to end of contract term.

BayCom in Walnut Creek, Calif., would have a bigger presence in the Albuquerque area after buying Bethlehem Financial.

While the looming loan-loss accounting standard has been criticized for its complexity and the potential cost to implement, some advocates believe it could also lead to better pricing decisions and improve communication within a bank.

A mortgage fraud scheme involving fake employment records, initially thought to be contained to Southern California, is occurring statewide, Fannie Mae said in a new fraud alert.

The marketplace lender recorded an impairment charge tied to the acquisition of a specialty lending business and is still being hit with costs stemming from the scandal that toppled its previous CEO.

Fort Bragg FCU will convert to KeyStone core processing as a hosted solution in March 2019.

Bankers at Sonoma Valley Bank were convicted of bank fraud, money laundering and other offenses.

Banks and marijuana dispensaries are getting closer to having a more cohesive relationship. But not close enough to bring cannabis sellers out of the high-risk category.

With values on multifamily properties soaring, some building owners are using aggressive tactics to push out existing tenants to make room for higher-earning ones. That’s raising questions about whether their lenders are abetting this behavior.

The creation of the Consumer Financial Protection Bureau was widely expected to centralize regulation of payday and other high-cost loans in Washington. It hasn’t worked out that way.

In a 2015 enforcement action, the San Francisco Fed said it had identified problems with the Pasadena, Calif., bank’s BSA and anti-money-laundering compliance programs.

The $471 million-asset credit union has retained an outside source to conduct a search for Eileen Rivera's successor.

The Los Angeles company, which focuses on Korean-Americans, aims to raise $50 million.

Credit unions in the Silver and Golden states saw strong increases in growth and deposits during the first quarter of 2018.