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Unemployment rates in the tri-county region crept back up in June, as the growth in jobs wasn’t enough to keep pace with an increase in people looking for work. The combined unemployment rate across Ventura, Santa Barbara and San Luis Obispo counties was 6.2% in June, up from 5.6% in May, according to data released Read More →
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Community Bank of Santa Maria saw its net income rise more than 35% for the most recent quarter as total assets, deposits and net loans all increased. In a July 13 earnings statement, the bank reported net income of $1.44 million for the quarter ended June 30, 36.1% higher than the same quarter of the Read More →
Sierra Bancorp, the parent company of Bank of the Sierra, permanently closed five branches, including two in San Luis Obispo County, in mid-June. The Porterville-based bank’s branches in Atascadero and Arroyo Grande closed on June 18. In its April quarterly financial report, the bank said it planned to close branches that were located “outside of Read More →
The Community Bank of Santa Maria drew two more winners on July 8 for its $20,000 charity giveaway. The bank, which is celebrating 20 years this year, is drawing the names of two charities every month as part of a pledge to donate $20,000 to local non-profits. The bank’s customers submit the charities that go Read More →
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