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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.

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Huntington Teams With TCF Financial In $22 Billion Bank Merger

PYMNTS

regional banks. . He added that the two companies are stronger together and in a better position “to support our customers and drive economic growth in the communities we serve.” . We will be a top regional bank, with the scale to compete and the passion to serve. term shareholder value.

Detroit 237
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Fighting fire with funding

Independent Banker

In the wake of the devastating Dixie Fire in northeastern California, Plumas Bank partnered with a local community foundation, forming the Dixie Fire Fund with a $50,000 bank donation. community, Plumas Bank has seen its share of wildfires, which have blighted northeastern California in recent years. By Paul Sisolak.

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COVID-19 Efforts Top PayPal Global Impact Report

PYMNTS

the California-based online payments system, on Monday (April 27) released its annual Global Impact Report , which typically highlights the firm’s progress on advancing profitability, promoting a diverse workforce, minimizing pollution and operating responsibly. PayPal Holdings Inc.,

Report 168
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Instacart Rolls Out Delivery Service With Costco For Prescriptions

PYMNTS

The offering is now available from almost 2,000 stores in California, New York and Illinois, among other states, with plans to grow throughout the country in the months to come, according to an announcement. As it stands, Instacart partners with over 350 local, regional, and national retailers to provide delivery from over 25,000 stores.

Illinois 161
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Apple To Shutter 30 More US Stores Again Amid Pandemic

PYMNTS

As instances of the coronavirus quickly increase in a number of regions across the nation, Apple plans to shutter 30 more stores in the United States on Thursday (July 2) at the latest. The tech company, which has 271 retail shops in the United States, has recently closed 47 stores again, CNBC reported.

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Five Star Bancorp aims to capitalize on San Francisco market turmoil

American Banker

The Roseville, California institution is expanding into the Bay Area in hopes that it can land new clients and lenders in the wake of two large regional failures there this year.