January 11, 2025
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Montecito Bank & Trust
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Pandemic still top concern for Community West following Q2 earnings

By   /  Friday, July 24th, 2020  /  Banking Industry, Earnings, Latest news  /  Comments Off on Pandemic still top concern for Community West following Q2 earnings

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Sierra Bancorp Q2 earnings down

By   /  Monday, July 20th, 2020  /  Banking & Finance, Banking Industry, Earnings  /  Comments Off on Sierra Bancorp Q2 earnings down

Sierra Bancorp, a Porterville-based banking company with 11 branches in the Tri-Counties, announced July 20 that its quarterly earnings were slightly down compared to the same period in 2019, led by a lower consolidated net income and lower return on both average assets and average equity. The parent company of Bank of the Sierra declared Read More →

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Several tri-county companies got at least $5M in PPP funding

By   /  Tuesday, July 7th, 2020  /  Banking & Finance, Banking Industry, Latest news, Small Business, Tri-County Economy  /  Comments Off on Several tri-county companies got at least $5M in PPP funding

At least a dozen companies in the Tri-Counties received more than $5 million each in Paycheck Protection Program funding since the start of the COVID-19 pandemic, according to data released July 6 by the Trump administration. The companies’ names were listed because of the size of the loans they took out. All companies who took Read More →

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Our view: Union Bank puts money into social equity effort

By   /  Friday, June 26th, 2020  /  Banking & Finance, Banking Industry, East Ventura County, Latest news, Op/Eds, Opinion, West Ventura County  /  Comments Off on Our view: Union Bank puts money into social equity effort

There is no doubt that the killing of George Floyd and subsequent events have prompted the biggest discussion in decades about social equity and justice in America. One of the biggest debates in Corporate America today is how far the current discussion will lead. And one of the biggest problems in getting some perspective on Read More →

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COVID-19 spike slows reopening in Tri-Counties

By   /  Friday, June 26th, 2020  /  Banking Industry, Health Care & Life Science, Nonprofits, Top Stories, Top Story, Tri-County Economy  /  Comments Off on COVID-19 spike slows reopening in Tri-Counties

The tri-county region has lost its reopening rhythm. Surging cases, more aid for small businesses and the possibility of new lockdowns remained dominant themes across the region, where Santa Barbara County is lagging behind Ventura and San Luis Obispo counties. Santa Barbara County paused reopening efforts on June 18, following an uptick of active COVID-19 Read More →

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Union Bank launches $10M program to address racial inequality

By   /  Thursday, June 18th, 2020  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on Union Bank launches $10M program to address racial inequality

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Campbell-Thomas: Employers allies of LGBTQ+ community

By   /  Friday, June 12th, 2020  /  Banking & Finance, Banking Industry, Latest news, Op/Eds, Opinion  /  Comments Off on Campbell-Thomas: Employers allies of LGBTQ+ community

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