California

KANSAS CITY, Mo. and SAN FRANCISCO — As the World Series plays on, CEOs at credit unions in the home cities of the Royals and Giants have a friendly wager on the outcome.

MOUNTAIN VIEW, Calif. — While cutting-edge banking transactions make life easier for members, the rub for IT departments is trying to marry multiple innovative solutions onto one platform.

Sierra Bancorp in Porterville, Calif., has tapped an insider to succeed its retiring chief executive.

City National in Los Angeles reported higher third-quarter earnings, due to a sharp rise in trust and brokerage revenue.

CVB Financial in Ontario, Calif., reported a slight uptick in third-quarter earnings after loans and expenses increased from its acquisition of American Security Bank.

San Diego Private Bank has agreed to buy all the loans and deposits of First Security Business Bank in Orange, Calif.

PacWest Bancorp in Los Angeles reported higher quarterly earnings, driven by asset gains from a recent acquisition.

Presidio Bank in San Francisco has raised $9.5 million through a private placement.

Pacific Premier Bancorp in Irvine, Calif., has agreed to buy Independence Bank in Newport Beach, Calif.

LOS ANGELES — Credit unions may have found a powerful new ally in their long-running battle to increase their recognition by the general public.

BBCN Bancorp in Los Angeles reported a decline in quarterly earnings tied to higher expenses and a rise in loan payoffs.

Wilshire Bancorp in Los Angeles reported higher quarterly profit that was boosted by recent acquisitions.

Bank of Marin Bancorp in Novato, Calif., reported a significant increase in quarterly profit following an acquisition and organic growth.

LOS ANGELES — With a former credit union executive running for a seat in the U.S. House of Representatives — plus other races of note — politics will be a bigger issue than usual for CUs in California and Nevada this fall.

LOS ANGELES — It's taken six long years, but credit unions in the Golden and Silver States finally have something to celebrate when they gather here this week for their annual meeting: momentum.

SAN DIEGO — Volunteer directors have many duties at their credit unions, but according to NCUA Vice Chairman Rick Metsger one of the most important is being a watchdog for the CU.

Westamerica in San Rafael, Calif., reported lower quarterly earnings largely because of a narrower net interest margin.

AmericanWest Bank in Spokane, Wash., has agreed to buy the $468 million-asset Bank of Sacramento in California for $60 million in cash.

Community West Bancshares in Goleta, Calif., is continuing to find ways to buy back stock it issued through the Troubled Asset Relief Program.

Heritage Commerce in San Jose, Calif., has agreed to buy the parent company of factoring firm Bay View Funding in Santa Clara, Calif.