Bank Secrecy Act spoils Christmas for merchants who prefer cash
Sometimes something that starts out with good intention can turn bad. This seems to be what has happened with the Bank Secrecy Act of 1970.
Op/ed: Unproductive Congress hurts bankers and borrowers
By Rodney Brown Members of the California Bankers Association annually travel to Washington, D.C., to speak with our elected representatives about some of the major legislative issues that are a priority for our industry and our customers. On our fall trip this year, we learned firsthand how truly gridlocked this Congress is, and the unfortunate Read More →
OCB Bancorp taps Ortega to open Santa Barbara branch
The parent company of Ojai Community Bank is tapping veteran South Coast banker Eloy Ortega to open a new Santa Barbara branch.
Heritage Oaks to cut 60 jobs as Mission Community deal closes
With its $56 million acquisition of Mission Community Bancorp, Heritage Oaks will shutter branches along the Central Coast in coming months and lay off about 60 employees in several phases.
