CFPB Monitor

SEPTEMBER 21, 2015

The CFPB announced the appointment of new members to its Consumer Advisory Board, Community Bank Advisory Council, and Credit Union Advisory Council. New members to the Consumer Advisory Board will serve three-year terms and new members to the Community Bank and Credit Union Advisory Councils will serve two-year terms.

Groups 60

Groups Los Angeles San Francisco Community Bank 60

American Banker

JANUARY 30, 2024

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

California 69

California San Diego Los Angeles San Francisco 69

American Banker

JANUARY 4, 2021

Brian Argrett, whose City First Bank is being sold to Los Angeles-based Broadway Financial, would take the helm of the combined company at a time of increased national interest in reinvigorating minority-owned financial institutions.

Los Angeles 73

Los Angeles National Company Community Bank 73

South State Correspondent

MAY 1, 2024

With financial hardship, competition from dominant players, and a startup budget, Gentle Monster faced many of the same challenges as a community bank. How Banks Can Leverage: Niche markets abound in banking, and community banks are in the perfect position to create a following on a national level should they desire.

Innovation 195

Innovation social media Branding Marketing 195

American Banker

MARCH 11, 2016

MidFirst Bank in Oklahoma City has agreed to buy 1st Century Bancshares in Los Angeles.

Los Angeles 28

Los Angeles Oklahoma City Oklahoma CA 28

American Banker

NOVEMBER 9, 2023

Los Angeles-based Lendistry — in less than two years — became the largest Black-run 7(a) lender. Its CEO credits a concerted effort by the Small Business Administration to reach out to minority lenders and businesses, whose participation in the lending program is growing.

Los Angeles 69

Los Angeles Lending Fintech Community Bank 69

CFPB Monitor

AUGUST 22, 2016

The CFPB has announced the appointment of new members to its Consumer Advisory Board, Community Bank Advisory Council, Credit Union Advisory Council, and Academic Research Council. Arjan Schutte, Founder and Managing Partner, Core Innovation Capital, Los Angeles, CA. Community Bank Advisory Council Members.

San Antonio 60

San Antonio Kansas City Groups CA 60

Jeff For Banks

APRIL 24, 2010

My guess is to the holy grail of banking, the “General Bank”. Don’t laugh, there once was a bank named General Bank in Los Angeles. Should your bank’s name be General Bank? We don’t identify our destination, yet we set about a strategy to get somewhere. Where, I’m not sure.

Los Angeles 60

Los Angeles Strategy Community Bank Community 60

American Banker

NOVEMBER 1, 2016

Cathay General Bancorp in Los Angeles has agreed to a community reinvestment plan tied to its deal to buy SinoPac Bancorp from Bank SinoPac in Taiwan.

Los Angeles 28

Los Angeles Community CA Community Bank 28

American Banker

JANUARY 29, 2020

The Los Angeles company set aside more money to cover a problem loan after an updated appraisal of the credit's collateral.

Los Angeles 46

Los Angeles Company California Community Bank 46

American Banker

MAY 27, 2020

The company will incur an upfront fee but will save $7 million a year by walking away from a deal with the Los Angeles Football Club.

Los Angeles 45

Los Angeles California Company Branding 45

American Banker

DECEMBER 9, 2024

Banking South Korean companies has become a major pillar of the Los Angeles-based Hanmi's balance sheet, with a portfolio of loans approaching $1 billion.

Los Angeles 36

Los Angeles Company Community Bank Community 36

American Banker

FEBRUARY 7, 2020

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.

Los Angeles 45

Los Angeles Sacramento Lending California 45

American Banker

OCTOBER 4, 2024

A group that includes a former Bank of Hawaii CEO is trying to scuttle the $78 million deal with Los Angeles-based Hope Bancorp. Honolulu-based Territorial Bancorp is delaying the approval vote by about four weeks in order to continue discussions with its shareholders.

Hawaii 41

Hawaii Los Angeles Honolulu Groups 41

Jeff For Banks

DECEMBER 18, 2014

A summary of the banks, their strategies, and links to their website are below. #1. Open Bank (OTCQB: OPBK) Open Bank commenced operations in 2005 as First Standard Bank in the Koreatown section of Los Angeles. They are built as a relationship bank serving the Korean community in LA and surrounding areas.

North Dakota 90

North Dakota Arizona Minnesota Los Angeles 90

American Banker

MAY 17, 2022

(..)

Los Angeles 28

Los Angeles Meeting Community Bank Community 28

American Banker

JULY 8, 2016

Cathay General Bancorp in Los Angeles has agreed to buy SinoPac Bancorp from Bank SinoPac in Taiwan.

Los Angeles 39

Los Angeles CA Community Bank Community 39

Jeff For Banks

MARCH 27, 2019

“Our money is the same as the bank’s down the street.” And so were the Uber cars in my recent trips to Los Angeles and Nashville. I moderate bank strategic planning sessions. Because it is contrary to the mantras I often hear: relationship building, community, and trust. But something was different.

Branding 60

Branding Nashville Los Angeles Conference 60

Jeff For Banks

JANUARY 20, 2017

I also noted in my most recent and in all of my past Top 5 total return posts that community banks deliver superior returns to their larger brethren. One example is German American Bank, highlighted in American Banker's Community Banker of the Year issue, and on this blog. It is a $3B bank with a 55% efficiency ratio.

Los Angeles 60

Los Angeles Operations Community Community Bank 60

American Banker

MAY 16, 2016

PacWest Bancorp in Los Angeles is the latest bank to exit its loss-share agreements with the Federal Deposit Insurance Corp.

Los Angeles 34

Los Angeles FDIC CA Community Bank 34

American Banker

JULY 17, 2020

The Los Angeles company said Chang Liu, who runs its bank, will succeed Pin Tai, who is retiring.

Los Angeles 31

Los Angeles Company California Community Bank 31

American Banker

DECEMBER 29, 2016

Hope Bancorp in Los Angeles will close an additional nine branches next year as part of a second round of cost cutting.

Los Angeles 31

Los Angeles Community Bank Community Strategy 31

American Banker

JUNE 6, 2016

Open Bank in Los Angeles has formed a holding company.

Los Angeles 28

Los Angeles Company CA Community Bank 28

American Banker

DECEMBER 23, 2016

The Treasury Department has significantly reduced its stake in Broadway Financial in Los Angeles.

Los Angeles 28

Los Angeles CA Community Bank Capital 28

American Banker

JULY 15, 2016

PacWest Bancorp in Los Angeles reported lower quarterly profit as higher expenses offset gains from fees and loan growth.

Los Angeles 28

Los Angeles Report CA Community Bank 28

American Banker

AUGUST 8, 2016

Pacific City Financial in Los Angeles has raised $15.3 million in a secondary stock offering.

Los Angeles 28

Los Angeles CA Community Bank Capital 28

American Banker

JUNE 8, 2016

A longtime California bank regulator and executive has joined the board at Hanmi Financial in Los Angeles.

Los Angeles 28

Los Angeles California Regulation CA 28

American Banker

NOVEMBER 16, 2016

PacWest Bancorp in Los Angeles has agreed to sell four properties in California to a real estate firm.

Los Angeles 28

Los Angeles California CA Community Bank 28

American Banker

JULY 14, 2016

That’s the message that two funds have for directors of Commonwealth Business Bank in Los Angeles.

Los Angeles 28

Los Angeles CA Community Bank Community 28

American Banker

SEPTEMBER 29, 2016

City National Bank in Los Angeles has launched a national business to focus on the food and beverage industries.

Los Angeles 28

Los Angeles National Industry Community Bank 28

American Banker

APRIL 14, 2016

PacWest Bancorp in Los Angeles reported higher quarterly profit led by its acquisition of Square 1 Financial in Durham, N.C.

Los Angeles 28

Los Angeles Report CA Community Bank 28

American Banker

JULY 22, 2016

Second-quarter earnings at Cathay General Bancorp in Los Angeles fell 22.9% million from a year earlier on a triple-digit spike in chargeoffs.

Los Angeles 28

Los Angeles CA Community Bank Community 28

American Banker

JULY 19, 2016

Profit improved at both BBCN Bancorp and Wilshire Bancorp in the second quarter, about two weeks ahead of the closing date for the Los Angeles companies' merger.

Los Angeles 28

Los Angeles Company CA Community Bank 28

American Banker

SEPTEMBER 28, 2016

CU Bancorp in Los Angeles has agreed to a consent order to address deficiencies in its Bank Secrecy Act and anti-money laundering compliance program.

Los Angeles 28

Los Angeles Compliance CA FDIC 28

American Banker

MAY 9, 2016

Boston Private Financial Holdings is expanding its footprint in California, opening a new office in Los Angeles on June 1. The company will have 35 offices nationwide, including 14 on the West Coast.

Boston 28

Boston Los Angeles California Company 28

American Banker

MAY 13, 2016

BBCN Bancorp in Los Angeles will rebrand itself as Hope Bancorp after buying Wilshire Bancorp. billion-asset BBCN also plans to change the name of its banking subsidiary to Bank of Hope after the deal closes.

Los Angeles 28

Los Angeles Community Bank Community Strategy 28

Gonzobanker

DECEMBER 22, 2015

To those community bankers claiming their growing Compliance departments say no to everything. Community bank marketing resources. Two very strong and focused community banks unite to combine big bank reach with community bank style and make the bet that it can scale to $15 billion and beyond.

Community Bank 60

Community Bank Apple Community Technology 60