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First Republic Bank in San Francisco is planning to raise more than $200 million in a public offering.
March 13 -
The Justice Department handed down its third bank settlement under Operation Choke Point Thursday, bringing a civil complaint against Plaza Bank of Irvine, Calif., for failing to report a payment processor's relationship with fraudulent merchants.
March 12 -
Western Alliance Bancorp. in Phoenix has agreed to buy Bridge Capital Holdings in San Jose, Calif.
March 10 -
Banc of California in Irvine got a shot in the arm from its acquisition of 20 Popular Community Bank branches in the fourth quarter.
March 6 -
EL CENTRO, Calif. Palm Springs Federal Credit Union said it intends to merge into Sun Community Federal Credit Union, here, which would create a combined credit union with $325 million in assets, $36 million in capital and more than 36,000 members.
March 6 -
The California company has poached lenders from larger rivals, while expanding into specialty finance lines. Those moves have positioned Opus for a growth spurt that should outpace organic growth at most other community banks.
March 3 -
PacWest Bancorp in Los Angeles has agreed to buy Square 1 Financial in Durham, N.C.
March 2 -
CVB Financial in Ontario, Calif., will take a small hit in the first quarter after repaying a Federal Home Loan Bank advance.
February 27 -
Plumas Bank in Quincy, Calif., is looking to convert its loan-production office in Reno, Nev., into a full-service branch.
February 26 -
F&T Financial Services in Porterville, Calif., has agreed to buy Pan American Bank in Los Angeles.
February 26 - California
Members 1st Credit Union, based in Redding, Calif., said Teri Vanderpol has been selected to succeed CEO Mark Moore when he retires next year.
February 25 -
BofI Holding in San Diego is planning a new $50 million offering after raising the same amount earlier this year.
February 24 -
RIVERSIDE, Calif. The two largest credit unions in Riverside County, Calif., on Thursday announced their intention to merge to create a $1.1 billion institution serving 118,000 members in the "Inland Empire" region of Southern California.
February 19 -
NEWPORT BEACH, Calif. The National Association of Credit Union Service Organizations says NCUA is in the wrong for asking Congress to expand the federal credit union regulator's authority over CUSOs and vendors that do business with CUs.
February 19 -
Credible Labs in San Francisco has completed a round of seed financing that it says will fuel further growth of its student loan refinancing business.
February 19 -
EL SEGUNDO, Calif. Xceed Financial Credit Union announced it has redesigned and updated its website, www.xfcu.org, which features expanded login functions, enhanced product descriptions, and financial education content.
February 10 -
Wilshire Bancorp in Los Angeles has agreed to buy Manhattan Bancorp's mortgage lending division.
February 9 -
RANCHO CUCAMONGA, Calif. CO-OP Financial Services announced that it will re-launch its mobile banking application called "CO-OP Mobile."
February 9 -
Orange County Business Bank in Irvine, Calif., is facing a proxy battle from a Dallas investment firm.
February 9 -
Terry Robinson, a longtime California banker, died on Jan. 11, three days before his Manhattan Bancorp announced a proposed merger with Plaza Bancorp. Manhattan, which is operating under an OCC order, did not publicly disclose Robinson's death, or his Dec. 31 retirement, even though he played an integral role negotiating the merger.
February 2
