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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.
August 14 -
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.
August 14California Reinvestment Coalition -
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.
August 14 -
BayCom in Walnut Creek, Calif., would have a bigger presence in the Albuquerque area after buying Bethlehem Financial.
August 13 -
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.
August 9 -
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.
August 9 -
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.
August 7 -
Fort Bragg FCU will convert to KeyStone core processing as a hosted solution in March 2019.
August 7 -
Bankers at Sonoma Valley Bank were convicted of bank fraud, money laundering and other offenses.
August 6 -
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.
August 6







