LOS ANGELES -- John J. Keating has resigned as president and chief executive of CU Bancorp, which lost $3.6 million, last year and came under intense scrutiny by regulators.

Stephen G. Carpenter, a former vice chairman of Security Pacific Corp., replaced Mr. Keating at the $523.1 million-asset banking company, which is based in Encino, Calif.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

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