California

San Francisco Bay Area Educators Credit Union became part of San Francisco Federal Credit Union earlier this month.

Recent proposals considered or passed by legislatures around the country grant banks certain exemptions, but they differ from state to state and may pose new compliance headaches.

David Brager, the California company's sales division manager, will replace Christopher Myers on March 16.

The deal for Trinity Capital in Los Angeles would further strengthen the company's capital markets capabilities.

The $800 billion grocery industry is keeping a sharp eye on a strip mall in the Woodland Hills neighborhood of Los Angeles. There, sandwiched between a nail salon and a bank branch, Amazon.com Inc. is working on the first in a new chain of grocery stores set to open this year.

Gavin Newsom's proposal to create a consumer watchdog modeled after the CFPB includes a provision that would make it easier for upstart financial firms to obtain industrial loan charters.

Unlike other regions of the country, the western U.S. has seen very few large bank mergers in recent years. Here's why Pacific Premier's acquisition of Opus Bank could change that.

The California company will pay $1 billion for Opus, a once highflying bank that struggled with credit issues in recent years.

The Los Angeles company set aside more money to cover a problem loan after an updated appraisal of the credit's collateral.

Mendell Thompson, who has led the Glendora, Calif.-based institution for more than 30 years, plans to retire later this year.