The $56.4 million acquisition of Community Valley Bank will give Frontwave Credit Union $315.8 million in added assets, five locations and entry to Imperial County.
Michael P. Lyons will join Fiserv on Monday and become CEO on June 30, or when the company’s current leader is confirmed to lead the Social Security Administration.
The agreement dismisses the state’s 2023 lawsuit and does not find that the investment firm violated any laws. “We’re pleased to resolve this matter,” a BlackRock spokesperson said.