News Topic: california

The unnamed borrower was the victim of an alleged scam by another company. ... Read full article

Both banks focus on the Chinese-American community. ... Read full article

AltaPacific's recent agreement to sell itself to Banner Corp. came after it started down a list 14 financial institutions last year, held discussions with at least nine suitors, and considered deals with a credit union and a business development ... Read full article

Brad Dinsmore, who will also serve as the California company's president, once was in charge of several key lines at SunTrust, including consumer banking and private wealth management. ... Read full article

The Los Angeles unit of Royal Bank of Canada plans to use FilmTrack to handle more complex transactions for major networks, studios and distributors. ... Read full article

Most agencies use electronic benefit transfer to deliver funds to prepaid cards, but recipients who need access to cash are often caught in a bind, with fewer convenient or free ATMs available in an increasingly digital payments landscape. ... Read full article

The Washington company will have more than $1 billion in assets in southern California when the $87 million deal closes. ... Read full article

Several megabanks dominate the market, but First Choice is seeking to expand there by catering to its ready supply of midsize businesses. It's not the only one. ... Read full article

Christopher Myers will retire as president and chief executive of CVB next spring, and the California bank says it will hire a search firm to begin seeking his replacement. ... Read full article

The San Francisco company touted a strong pipeline for loans over the rest of this year. ... Read full article

The pair spoke in grand terms when they announced they were combining, but a securities filing tied to the agreement serves as a reminder that when two banks decide to become one, it's often because they have to. ... Read full article

The California company will pay $39.4 million for the parent of First State Bank of Colorado. ... Read full article

Seed, a San Francisco startup, has developed a platform that lets small businesses quickly open accounts online. That's an important feature for Cross River as it courts more fintech clients. ... Read full article

Companies that offer early access to earned wages want a regulatory framework for their fast-growing industry. But the bill under consideration in Sacramento is exposing big divisions in the sector. ... Read full article

The Citigroup mortgage unit is not the first lender to be tripped up by California law requiring the interest payments on escrow impound accounts. ... Read full article

State and local officials have pushed back against retailers that don’t take cash, and now some are pressuring electric vehicle firms to expand payment options at charging stations. ... Read full article

The bank will have about $1 billion in assets after it acquires Lighthouse Bank, which is also based in Santa Cruz. ... Read full article

While regulation and nonbank competition are spooking some banks, others believe low funding costs and the right relationships can help them succeed. ... Read full article