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

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.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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.

article thumbnail

Lyft, Uber Pay Big Money To Defeat AB5 Supporter

PYMNTS

“Throwing down seven figures just shows the rest of the community that they take this seriously and that they could do more,” said John Thomas, a GOP political consultant. Diep’s opponent Nguyen said that AB5 was “one of the worst and most devastating anti-business and anti-jobs laws that has come out of Sacramento.”

article thumbnail

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.

article thumbnail

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.

article thumbnail

Consumers Turn To Package Lockers To Combat Porch Pirates

PYMNTS

have experienced package theft in the last year, companies like Sacramento, California-based package delivery locker system Luxer One are setting up package delivery systems to prevent porch pirates, CNBC reported Monday (Dec. It works with more than 1,200 apartments communities in the U.S.,