CNB heats up banking wars
By Staff Report / Thursday, February 19th, 2015 / Banking & Finance, Banking Industry, Latest news, Top Stories / Comments Off on CNB heats up banking wars
City National Bank has become the newest entrant in the competitive Santa Barbara banking market.
Heritage Oaks Q4 profits jump 24%
By Staff Report / Tuesday, February 3rd, 2015 / Banking & Finance, Banking Industry, Central Coast, Latest news, Top Stories / Comments Off on Heritage Oaks Q4 profits jump 24%
The increase was primarily due to the inclusion of Mission Community Bancorp’s operating results, which boosted pre-tax net income in the company’s fourth quarter financials.
Dubroff: City National CEO describes strategy behind $5.4B RBC deal
By Henry Dubroff / Friday, January 30th, 2015 / Banking & Finance, Banking Industry, Columns, Latest news, Opinion, Top Stories / Comments Off on Dubroff: City National CEO describes strategy behind $5.4B RBC deal
Overlooked in some media reports is the fact that with the former Dain Rauscher brokerage firm as part of its existing U.S. footprint, RBC has a strong presence, particularly in the West and Midwest.
Heritage Oaks accord strengthens BSA controls
By Elijah Brumback / Friday, January 9th, 2015 / Banking & Finance, Banking Industry, Latest news, Law & Goverment, Top Stories, Tri-County Public Companies / Comments Off on Heritage Oaks accord strengthens BSA controls
The region’s largest community bank signed an agreement with the Federal Deposit Insurance Corp. that was made public at yearend. President and CEO Simone Lagomarsino told the Business Times the accord means the bank will “beef up” its programs and policies to prevent problems down the road.
Santa Barbara stock promoter charged with fraud
By Staff Report / Friday, January 2nd, 2015 / Banking & Finance, Banking Industry, Latest news, Top Stories / Comments Off on Santa Barbara stock promoter charged with fraud
The SEC alleges that instead of purchasing the shares in the secondary market as promised, Efstratios “Elias” Argyropoulos and his firm Prima Capital Group misappropriated investor funds.
Wells Fargo to open new Santa Barbara location
By Staff Report / Thursday, December 11th, 2014 / Banking & Finance, Banking Industry, Latest news, South Coast, Top Stories / Comments Off on Wells Fargo to open new Santa Barbara location
San Francisco-based Wells Fargo, one the largest employers in the Tri-Counties, is slated to open its fourth banking branch in Santa Barbara on Dec. 15. The new location is at 101 N. Milpas St. and will serve retail, mortgage and business banking customers. Wells Fargo signed the lease for the 2,600-square-foot former Blockbuster location in Read More →
Ojai Community Bank opens South Coast outpost
By Staff Report / Thursday, October 23rd, 2014 / Banking & Finance, Banking Industry, Latest news, Top Stories, Tri-County Public Companies / Comments Off on Ojai Community Bank opens South Coast outpost
Santa Barbara’s newest banking office, Santa Barbara Community Bank, opened its doors quietly on Oct. 22.
