California

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.

A House Republican tax proposal that infuriated housing groups and sent homebuilder stocks sliding would only have a modest impact on the market for new homes and could end up being a net positive for the industry, according to Keefe, Bruyette & Woods analysts.

David Ritchie, a regional manager for U.S. Bank, will succeed the retiring David Tabor in early November.

A new partnership from two of the nation's largest CUSOs will give more credit unions the opportunity to use the Lending 360 loan origination system.

Chief among the credit union’s aid efforts are low- and no-interest loans, and initiatives in concert with other area service providers.

PacWest reversed a valuation allowance on tax credits, which helped boost third-quarter earnings. PacWest also expects its deal for CU Bancorp to close this week.

Wells Fargo was barred by California's treasurer from being hired for another year because of the bank's fraudulent account scandal, leaving the company largely cut off from underwriting work with one of the nation's biggest municipal-bond issuers.

Saying farewell after 25 years with LAFCU and 43 total years in the credit union industry.

Wells Fargo's home state of California passed a law aimed at curtailing the bank's use of closed-door arbitration to shroud complaints from aggrieved customers affected by its scandals.

The Western Independent Bankers will continue to offer conference and educational services as a division of the California Bankers Association.

Live Oak Bancshares is used to finding ways to make small-business loans, but its new M&A operation was formed after two bankers pitched the plan to Live Oak's management.

New report provides info on how credit unions in the two states are growing, offering key market intel as they head into strategic planning.

The new business will advise Live Oak clients on how to structure and finance acquisitions.

San Diego County Credit Union doubles down on sponsorships, inks stadium naming rights deal.

The California company will pay nearly $3 million to address claims it failed to pay employees for overtime.

The banking companies agreed to terminate their planned merger after regulators withheld approval. The snag is tied to a previously disclosed issue with Hope's 2016 financial results.

New clients will use vendor’s KeyStone core processing system.

Jeffrey Seabold, Banc of California’s former vice chairman, alleges that he and ex-CEO Steven Sugarman were scapegoats for inappropriate behavior by certain directors and that the company manipulated its first-quarter earnings.