MB&T starts 37th year on high note
Ten nonprofits from across th region received grants on March 14 as Montecito Bank & Trust prepared to celebrate its 37th anniversary and it 20th year of adding a philanthropic twist to the festivities. The bank’s employees selected the 10 organizations, which included All for Animals, Alzheimer’s Association, American Heart Association, Council on Alcoholism and Read More →
Community West looks closer to home
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FCAL to buy Riverside bank, close four branches
While announcing plans to buy an Inland Empire bank, First California Bank said Feb. 28 that it will close four branches, including one in Thousand Oaks. First California plans to pay $2 million in an all-stock deal to buy Riverside-based Premier Service Bank. The deal is still subject to regulatory and shareholder approval and is Read More →
$40M deposit: PCBC launches technology overhaul
The parent of Santa Barbara Bank & Trust is investing $40 million into a comprehensive technology overhaul.
Higher profits in hand, region’s banks look to expand
Pacific Capital Bancorp, the largest banking company based in the Tri-Counties, turned a $70.5 million profit in 2011 after years of staggering losses. At the same time, First California Financial Group and Heritage Oaks Bancorp, the next two largest banks on the list, reported improved earnings for the year and bold plans to expand. Here’s Read More →
