Camarillo Chamber CEO to step down
Latest news, Small Business, Tri-County Economy, West Ventura CountyGary Cushing is retiring from his role as the CEO of the Camarillo Chamber of Commerce at the end of November, the chamber announced Oct. 30. Cushing was originally brought on to be the interim CEO for six months and stayed in the role for seven years. Through his tenure, Cushing helped the chamber build Read More →
GeoLinks secures private equity investment
Latest news, Small Business, Technology, Tri-County Economy, West Ventura CountyGeolinks, a fast-growing internet service provider based in Camarillo, secured what it called “a significant minority investment” from a group led by Rock Mountain Capital, GeoLinks announced Oct. 27. The private equity investment will help GeoLinks with its plans for expanding its network, making strategic acquisitions and streamlining its internal growth and operations. “GeoLinks launched Read More →
Firestone, Ventura Coast clean up at virtual beer festival
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Driven by pandemic loans, American Riviera Bank reports record earnings
Banking & Finance, Banking Industry, Earnings, Latest news, South Coast, Tri-County Economy, Tri-County Public CompaniesAmerican Riviera Bank saw its net income rise sharply this year, with a 46 percent increase in net income in third quarter earnings year-over-year. The Santa Barbara-based bank reported $2.26 million in net income the quarter, or 45 cents per share. For the same quarter in 2019, the bank had $1.55 million in net income, Read More →
Earnings up at Community West Bank
Banking & Finance, Banking Industry, Earnings, Latest news, South Coast, Tri-County Economy, Tri-County Public CompaniesCommunity West Bancshares, the holding company for Goleta-based Community West Bank, saw net income and net interest income rise in the third quarter, according to the company’s latest financial filings. The bank reported a net income of $2.9 million, or 33 cents per diluted share, as compared to $2.2 million, or 25 cents per diluted Read More →
Nomad Goods pledges to donate one million masks
Columns, NonprofitsNomad Goods, a Santa Barbara company that makes phone cases and other electronics accessories, is donating 1 million COVID-19 prevention masks to nonprofits and community organizations. Earlier this year, Nomad began producing masks and other personal protective equipment, along with it usual offerings. On Oct. 9, it announced that it was taking nominations of relief Read More →
Earnings down, assets up at Community Bank of Santa Maria
Banking & Finance, Banking Industry, Central Coast, Earnings, Latest news, Tri-County Economy, Tri-County Public CompaniesTotal assets at Community Bancorp of Santa Maria rose in the third quarter of the fiscal year, even as net income fell, the bank announced Oct. 20. The parent company of Community Bank of Santa Maria saw total assets rise to $327.6 million, an increase of 24 percent from the same time in 2019. Net Read More →
