california

Valley Strong to bulk up with Solano First merger

03/04/21

The deal, subject to approval from regulators and members, will add to Valley Strong's existing branch network and comes after several years of losses at Solano First.

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California to regulate early-wage access firms under landmark agreements

01/27/21

The companies pledged to share data with regulators, abide by certain restrictions on pricing and submit to regular examinations. But the voluntary pacts stop short of placing restrictions on existing revenue models.

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North Bay's pot banking business gets a boost from new partnership

01/22/21

A recent agreement with the California Cannabis Industry Association will make it easier for legal cannabis businesses across the state to join the $92 million-asset credit union.

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California's DFPI issues subpoenas to debt collectors

01/19/21

The state agency alleged potential violations of “unlawful, unfair, deceptive or abusive” practices by a dozen companies.

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FDIC signs off on Southern California de novo

12/24/20

Organizers of the proposed Legacy Bank must raise $25 million before opening.

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Longtime chief of Foothill Credit Union to retire in 2021

12/22/20

In 25 years at the helm, Brian Hall helped the Southern California credit union grow from $48 million of assets to nearly $600 million.

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Retired CEO of San Diego County Credit Union dead at 64

12/10/20

Irene Oberbauer spent 12 years in the credit union movement and was SDCCU's first female CEO, serving from 2007 until her retirement in 2010.

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Former UNCLE Credit Union CEO dies at 76

11/13/20

Kathie Kasper spent 24 years at the Livermore, Calif.-based institution, having started as a teller in 1976 and ultimately rising to the level of chief executive.

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Cannabis and gambling: State ballot measures that matter to banks

11/04/20

Referendums that legalized marijuana and sports wagering in several states could incentivize banks to do business with companies in these sectors. Payday loan and privacy measures that passed Tuesday also have implications for the industry.

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Under pressure to diversify its board, SchoolsFirst adds associate seats

10/30/20

Earlier this year, the Southern California credit union was criticized for its directors not representing the demographics of the communities it serves.

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