California

Numerous banks are expected to say they trimmed expenses yet again when they report fourth-quarter results in the coming weeks. But that trend may ebb soon as many executives are forced to spend on technology and to expand their businesses.

Central Valley Community Bank in Fresno, Calif., plans to report a fourth-quarter loss because of a hefty chargeoff of commercial loans.

Nationwide the number of bank branches fell by about 1.7% last year. But some cities and states were hit harder than others, according to data from the Federal Deposit Insurance Corp. and research firm BankRegData.

A San Diego-based debt collector has agreed to pay $675,000 in civil penalties and give up $18 million won in court fights against 4,500 consumers, New York Attorney General Eric Schneiderman said Friday.

Security First Bank in Fresno, Calif., has a new president.

The founder and chairman of 1st Century Bank in Los Angeles has been named to chair the city's tourism and convention board.

Heritage Oaks Bancorp in Paso Robles, Calif., has hired a veteran banker to fill a newly created post.

Sierra Vista Bank in Folsom, Calif., has named a new chairman.

PLEASANTON, Calif. — Last May, SafeAmerica Credit Union undertook a near yearlong process: updating its core from Fiserv to Corelation.

TORRANCE, Calif. — The $63 million CalCom Federal Credit Union was robbed Tuesday and authorities are seeking three suspects in the incident.

Credit Karma has begun offering on-demand access to credit reports from Equifax.

Experian will now offer FICO credit scores through its direct-to-consumer products, the Costa Mesa, Calif.-based credit bureau announced today.

Investors who backed Broadway Financial's 2013 recapitalization are cashing out.

BofI Holding in San Diego has agreed to buy $125 million in deposit accounts from a unit of First Marblehead.

Orient Bancorp. in San Francisco has a new president and chief executive.

PALM SPRINGS, Calif. — NCUA had a perfect track record when it came to data breaches — until now.

Tri-Valley Bank in San Ramon, Calif., plans to raise $2.5 million through a private placement of common stock.

Small banks and credit unions are looking to a lab hosted by NCR's Digital Insight to try out new tech like biometrics and beacons in an effort to keep up with their larger competitors.

Small banks and credit unions are looking to a lab hosted by NCR's Digital Insight to try out new tech like biometrics and beacons in an effort to keep up with their larger competitors.

City National Bank in Los Angeles is launching a new online magazine with a goal of driving more traffic to its website.