article thumbnail

California community banks to merge in $99M deal

American Banker

Central Valley Community Bancorp's agreement to buy Community West Bancshares, slated to close in the second quarter, would create a $3.6 billion-asset bank in the Greater Sacramento region.

article thumbnail

California Won’t Open Restaurants Right Now After All

PYMNTS

California Gov. Instead, he told a news conference that the state will issue new guidance for California food and dining establishments on Thursday (May 7). Newsom told reporters on Monday (May 4) that “we have great confidence in local health officials in understanding the needs of their very specific communities.”.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

New ICBA chairman Derek Williams’ commitment to community

Independent Banker

wanted to be a financier before finding his way to community banking. Photo by Harold Daniels Derek Williams, president and CEO of Century Bank & Trust in Georgia, is bringing his passion for community banking to his term as ICBA chairman for 2023/24. That love of community has defined his career.

Community 172
article thumbnail

Study: California Sees More Than Half Of Unemployment Applicants A Second Time

PYMNTS

economic recovery’s unpredictability in the wake of the coronavirus pandemic is on display in California. More than half, or 57 percent of the initial unemployment claims filed in California for the week ending July 25 were from workers who reopened previous claims. Evidence of the U.S.

article thumbnail

Two-year-old California bank amasses $500 million expansion war chest

American Banker

Led by veteran banker Stephen Gordon, Genesis Bank in Newport Beach, California, plans to use the funds pledged by private equity firms and other investors to roll up community banks in the Western U.S.

article thumbnail

Best Community Banks to Work For 2022

Independent Banker

Community Financial Services Bank, Benton, Ky.; In our annual workplace survey, employees of ICBA’s best community banks to work for told us they benefit from engaging cultures, opportunities for advancement and innovative benefits. Clockwise from top left: Grand Ridge National Bank, Wheaton, Ill.; Bank of Montana, Missoula, Mont.;

article thumbnail

California banks to combine in $234 million 'merger of equals'

American Banker

The deal involving Southern California Bancorp and California BanCorp, expected to close in the third quarter, would form a $4.6 billion-asset lender with a footprint spanning San Diego, Greater Los Angeles and the San Francisco Bay Area.