SAN FRANCISCO -- The president of the California Bankers Association has been forced to resign from his bank.

Claude B. Hutchison Jr., chairman and chief executive of Civic Bancorp, Oakland, was forced out by his board because of a sharp rise in loan problems.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.