SESLOC CEO looks back at wonderful career in credit union industry
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Geri LaChance, SESLOC CEO, retiring in June
Geri LaChance, president and CEO of the SESLOC Federal Credit Union for 12 years, is retiring effective June 2024, the San Luis Obispo-based nonprofit announced Jan. 10. She will be succeeded by Mike Quamma, the organization’s executive vice president and CFO. SESLOC Board Chair Tom Lebens praised LaChance’s tenure. “It’s hard to aptly summarize the Read More →
Banc of California closes merger with PacWest, raises $400M
Los Angeles-based Banc of California announced the completion of its all-stock merger with PacWest Bancorp, which will take effect Dec. 1. Announced on Nov. 30, Pacific Western Bank, a subsidiary of PacWest Bancorp, has now merged into Banc of California meaning the combined bank will operate under the Banc of California name and brand. The Read More →
MB&T gives away $1.1M, Benefits 195 Orgs
Janet Garufis, CEO and chairwoman of Montecito Bank & Trust, gathered dozens of representatives from local nonprofits and organizations to celebrate the season of giving with a bang at the 2023 Montecito Bank & Trust Community Dividends event Nov. 20. During the event, the bank announced it was donating $1.1 million to nonprofits based in Read More →
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