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Montecito Bank & Trust
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Bank mergers leaving downtown spaces vacant

By   /  Friday, June 2nd, 2017  /  Banking Industry, Columns, Latest news, Real Estate, Small Business  /  Comments Off on Bank mergers leaving downtown spaces vacant

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Community West Bank opening loan office in Paso Robles

By   /  Friday, May 26th, 2017  /  Banking & Finance, Banking Industry, Central Coast, Latest news  /  Comments Off on Community West Bank opening loan office in Paso Robles

Community West Bank announced on Friday that it plans to open a loan production office in Paso Robles. The office, at 725 Creston Road, will open in June and will become Community West Bank’s first Paso Robles Office. “Community West Bank continues to expand our business banking presence on California’s Central Coast,” said Martin Plourd, Read More →

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Governor pays tribute to Towbes at memorial service

By   /  Tuesday, May 23rd, 2017  /  Banking Industry, Latest news, Real Estate, South Coast  /  Comments Off on Governor pays tribute to Towbes at memorial service

Gov. Jerry Brown made a rare appearance in Santa Barbara on May 23, paying a brief but personal tribute to tri-county businessman Michael Towbes. Towbes died April 11 after a battle with pancreatic cancer. He was 87. Speaking at a memorial service that filled the Granada Theatre, Brown described Towbes as “a helluva guy.” Towbes, Read More →

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Santa Maria becoming hub for companies with jobs to offer

By   /  Friday, May 19th, 2017  /  Banking Industry, Central Coast, right, Technology  /  Comments Off on Santa Maria becoming hub for companies with jobs to offer

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Central Coast credit unions on the rise

By   /  Friday, May 5th, 2017  /  Banking & Finance, Banking Industry, Central Coast, Latest news, South Coast  /  Comments Off on Central Coast credit unions on the rise

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Tri-county independent banks down to Final Four

By   /  Friday, April 28th, 2017  /  Banking & Finance, Banking Industry, East Ventura County, Latest news, West Ventura County  /  Comments Off on Tri-county independent banks down to Final Four

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Bank of the Sierra acquiring Ojai Community Bank

By   /  Tuesday, April 25th, 2017  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on Bank of the Sierra acquiring Ojai Community Bank

Banking industry consolidation on the Central Coast picked up speed on April 25 with the parent company of Bank of the Sierra announcing plans to acquire OCB Bancorp and its four branches in Santa Barbara and Ventura counties. The $14 per share acquisition sent OCB Bancorp shares soaring more 50 percent and marks the latest Read More →