California

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.

The California-based credit union will convert to the Symitar EASE model of the Episys platform.

The company, which is dealing with a lawsuit from the Federal Trade Commission tied to certain fees, hired Ronnie Momen from GreenSky as its chief lending officer.

The Los Angeles company's second-quarter profit also benefited from last fall's purchase of CU Bancorp.

Limited acquisition opportunities remain in the state's hottest markets, which will force buyers to pay bigger premiums or pursue deals elsewhere.

New service provides credit scores to members via mobile, home banking.

Member Business Lending is a Utah-based provider of commercial, small business lending origination for credit unions.

When GDPR went into effect in May, it was expected that the European law would touch a lot of U.S. payment companies because of their international scope. Now it's clear that even purely domestic U.S. firms will have to adhere to some version of the data-privacy law.