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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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eCommerce Grocer Weee Notches Almost $50M In Funding

PYMNTS

Weee, which was started in 2015, began as a community buying platform that received Asian spices and fresh produce, among other items. The company provides its offering in the San Francisco Bay Area, Los Angeles, Sacramento and Seattle. The firm evolved into an online shopping website with a warehouse and delivery network in 2017.

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Amazon And Its Real Estate Effect

PYMNTS

Among those initiatives: Cincinnati, Ohio, and Sacramento, California, are changing workforce development programs to develop talent in the technology realm. Beyond that, Orlando, Florida, is mulling a community fund, one that the WSJ said will invest in tech companies that are locally based.

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Community Business Bank in Calif. Redeems Tarp-Related Shares

American Banker

Community Business Bank in West Sacramento, Calif., has finally put the Troubled Asset Relief Program in the past.

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Instacart Loosens Availability Requirements For Shoppers With New On-Demand Option

PYMNTS

The service launches Thursday (April 11) in Boston, Austin and Rochester after a pilot in Sacramento and Buffalo, among other places. As On-Demand becomes available in more regions, we’ll be connecting with the community to listen, support, and continue building the best possible product experience for shoppers,” Hahn said.

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Can banks have an impact on alleviating the egg shortage?

Abrigo

During leaner years is often when the demand for ag loans increases , as it’s common for those full-time farmers to tap into their community bank to cover operating costs or invest is other lines of the agricultural business. In the Northeast, The Bank of Castile lent the most to farms in Q1.

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California bank bets on two new markets to reverse lending slump

American Banker

Sierra Bancorp in Porterville has formed dedicated lending teams in Sacramento and Greater Los Angeles in its bid to accelerate loan growth following a sluggish 2019.