De novo bank in California is already a seller
Blue Gate Bank, which opened in January 2017, is being sold to Big Poppy Holdings. ... Read full article
Blue Gate Bank, which opened in January 2017, is being sold to Big Poppy Holdings. ... Read full article
A first-in-the-nation ballot initiative would give consumers more control over their personal information, but banks and other companies say that it would amount to a tax on doing business in the Golden State. ... Read full article
The Asian-American bank agreed to buy SWNB Bancorp for $77 million. ... Read full article
Wells Fargo must pay $97 million to home mortgage consultants and private mortgage bankers in California who didn't get the breaks they were entitled to under the state's stringent labor laws. ... Read full article
The California company ended up selling 1 million more shares than it had originally planned to offer. ... Read full article
For one California bank, the biggest challenge was finding equity investors to participate in deals. ... Read full article
The California company, which also focuses on Asian-Americans, agreed to buy First American International. ... Read full article
The Los Angeles bank also benefited from a reduced reliance on costlier certificates of deposit. ... Read full article
New Resource Bank and P2Bi are splitting the risk and revenue associated with asset-based loans. ... Read full article
The San Diego company said the deal will bring in low-cost deposits and create a new source of fee income. ... Read full article
The company has agreed to acquire Bank of Rio Vista to expand its operations in central California. ... Read full article
Only North Dakota has its own state-owned bank, but policymakers in other states say more public banks are necessary to fully meet society's needs. Among those who proponents say would benefit the most: small-business owners and legal marijuana ... Read full article
The Portland, Ore., company has hired four private bankers from City National as part of a broader effort to provide a full range of services to business owners and high-net-worth households in Orange County and San Diego. ... Read full article
The company will take a nearly $10 million hit after setting aside funds to cover a case of potential borrower fraud. ... Read full article
California officials had accused Advance America of wrongly assessing Department of Motor Vehicles fees on its payday loans to skirt the state's interest rate cap. ... Read full article
OP Bancorp in Los Angeles aims to raise $20 million to fund organic growth and acquisitions. ... Read full article
The issue had forced the Los Angeles company to scuttle its deal to acquire U&I Financial in Washington state. ... Read full article
The company will also surpass $10 billion in assets when it buys Community Bank. ... Read full article
Carson Lappetito has a long history of working with firms tied to Eric Hovde, chairman and CEO of Sunwest's holding company. ... Read full article
Readers weigh in on the idea of using banks to effectively ban assault rifles, slam a pot-banking proposal, opine on social media strategies and more. ... Read full article