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California community banks to merge in $99M deal

American Banker

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

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Grocery Stores Shutter In-Store Pharmacies

PYMNTS

Pharmacies in regional chains, like Sacramento, CA-based Raley’s Supermarkets, are downsizing, and the aforementioned Lunds & Byerly has shuttered all its pharmacies. But even CVS and Walgreens are feeling the crunch of the move toward digitization, as they’re closing over 300 under-performing stores.

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California BanCorp Launches Treasury Management Consultancy

PYMNTS

Before joining the team, he was a Treasury Management regional sales manager and senior vice president at Wells Fargo covering Northern California. Jeff Mills will also be coming onboard as a Treasury Management sales consultant with a focus on the Sacramento and North State region.

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Amazon And Its Real Estate Effect

PYMNTS

The Wall Street Journal reported on Wednesday (May 2) that Amazon told the also-ran cities, via conference call, that a “key issue” was toed to regional transportation — or, more specifically, the lack of a network facilitating that transportation. The WSJ stated Sacramento’s postmortem call was somewhat complimentary.

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AmazonFresh Continues To Expand

PYMNTS

These new cities will join the AmazonFresh family cities/regions of Northern Virginia, Boston, Baltimore, London, Seattle, New York, Philadelphia, Stamford, Trenton, Los Angeles, Riverside, San Diego, San Francisco, Sacramento, San Jose and Stockton. Amazon announced yesterday (Oct.

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Credit unions continue to see growth in auto lending

Abrigo

Regionally, Southern credit unions continue to dominate in total new vehicle loans, with more than $39 billion reported for the period ending December 31st. And while the region has seen the slowest growth of the four, new vehicle lending does continue to climb steadily. The Golden 1 Credit Union - Sacramento, CA 7.

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Verizon 5G Network Launch Foreshadows Mobile Commerce Changes

PYMNTS

“Verizon launched the world’s first commercial 5G Ultra Wideband network in October 2018 with the rollout of 5G Home broadband internet service in Houston, Los Angeles, Sacramento and Indianapolis,” the company said. 5G Potential.

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