California

The Pleasanton, Calif.-based credit union is also celebrating its 85th anniversary.

The combination of the two Orange County-based credit unions will create a $1.4 billion-asset institution.

The service will require more coordination between the bank and its parent company, BNP Paribas.

After success in residential solar, the San Jose, Calif.-based credit union is financing solar systems for businesses.

The Michigan company, which lost more than $1.4 billion in the aftermath of the financial crisis, is trying to become more of a commercial lender. Its recent agreement to buy a deposit-rich franchise in California could help it get there.

California-based CU grew loans by 15.2 percent, assets, memberships rise.

Real estate CUSO now works with 23 CUs in the Golden State, more than 100 overall.

Clearinghouse CDFI will use funds from the $2 million investment to support affordable-housing and economic development projects in communities and Native American reservations in California, Nevada and Arizona.

Ventura, Calif.-based CU adding online, mobile banking.

The company hired Kevin Thompson, a CFO with big-bank experience, to take over its top financial post. Once a fast-growing bank, Opus has spent recent months cutting costs and exiting certain business lines.

The election of Democrat Phil Murphy as New Jersey's next governor is being hailed as a victory for advocates of state-owned banks. But challenges remain — namely, stubborn opposition from mainstream banks.

The planned sale will also include $70 million of loans in southern California.

SDCCU’s member base increases 10.4 percent in one year, total assets up to $8.2 billion.

Most of Sterling Bancorp's operations are in San Francisco and Los Angeles. The company plans to use some of the $93 million it will raise to expand in New York and Seattle.

Here's a look at the 12 housing markets with the largest percentages of mortgages over $500,000 — the new threshold House Republicans have proposed for the mortgage interest deduction in their tax plan.

Endeavor Bank in San Diego aims to be the third new bank to open this year. There is hope that as many as eight new institutions could open in 2018.

California State & Federal Employees Credit Union was approved to expand its FOM to Humboldt, Del Norte and Trinity Counties

The company has agreed to buy CBBC Bancorp. It also raised $63 million to pay for the deal and fund future growth.

With marijuana sales set to become legal in California soon, a working group there says that a state-backed financial institution should be among the measures weighed to address the lack of banking services available to the pot industry.

Capital Corps, led by Steven Sugarman, aims to provide financing to homeowners and small businesses that it believes are overlooked by banks. The firm features several former Banc of California executives.