california

Coronavirus hardships behind California bank chief's decision to retire

03/26/20

Tom Meyer, CEO of 1st Capital since 2015, decided to step down because shelter-in-place orders are keeping him from family hundreds of miles from the bank.

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Big banks offer relief to California homeowners affected by COVID-19

03/25/20

JPMorgan Chase, Wells Fargo, Citigroup and U.S. Bancorp, along with 200 state-chartered banks and credit unions, have agreed to let borrowers skip payments for 90 days if their finances have been upended by the pandemic. Bank of America said it would waive payments for 30 days.

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Axos dealing with Durbin-related snags in H&R Block pact

03/03/20

The San Diego bank is struggling to renegotiate a partnership with the tax preparation firm to address caps on interchange fees.

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State privacy bills try to cut banks a break, but not completely

02/24/20

Recent proposals considered or passed by legislatures around the country grant banks certain exemptions, but they differ from state to state and may pose new compliance headaches.

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CVB Financial taps insider to succeed retiring chief

02/20/20

David Brager, the California company's sales division manager, will replace Christopher Myers on March 16.

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Citizens to buy restaurant advisory shop in bid to boost fee income

02/13/20

The deal for Trinity Capital in Los Angeles would further strengthen the company's capital markets capabilities.

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California bank bets on two new markets to reverse lending slump

02/07/20

Sierra Bancorp in Porterville has formed dedicated lending teams in Sacramento and Greater Los Angeles in its bid to accelerate loan growth following a sluggish 2019.

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California governor to fintechs: Forget Utah. Be an ILC here.

02/07/20

Gavin Newsom's proposal to create a consumer watchdog modeled after the CFPB includes a provision that would make it easier for upstart financial firms to obtain industrial loan charters.

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Will $1 billion California deal jump-start West Coast M&A?

02/03/20

Unlike other regions of the country, the western U.S. has seen very few large bank mergers in recent years. Here's why Pacific Premier's acquisition of Opus Bank could change that.

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Pacific Premier to reach $20B in assets with Opus acquisition

02/03/20

The California company will pay $1 billion for Opus, a once highflying bank that struggled with credit issues in recent years.

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