Pending regulatory and shareholder approvals, the proposed purchase of Community Valley Bank is expected to close during the second half of the year.

Judge sentences Evan Cutler to 46 months in federal prison and orders him to pay $88,000 in restitution.

Founders FCU names Keith Wilson as president while Brumfield will continue to serve as CEO until the end of the year.

Buckholts State Bank claims Navy Federal has inadequate Know Your Customer Procedures.

Court filings show Eric Stash allegedly stole more than $240,000 from San Juan Federal Credit Union.

The federal agency conserves Butler Heritage FCU for unsafe and unsound practices.

California Credit Union League opens disaster grants to aid credit union employees and board members with immediate financial needs.

After announcing a “pre-agreement,” Launch CU and Community CU later realize their unique needs and priorities didn’t fully align.