Central Coast credit unions on the rise
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Tri-county independent banks down to Final Four
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Community West Bancshares income down for fourth quarter but up for 2016
Community West Bancshares, parent company of Goleta-based Community West Bank, reported net income of $1.3 million in the fourth quarter of 2016, or 16 cents per diluted share, down from $1.9 million in the fourth quarter last year. While net income was down for the quarter, it reached $5.2 million in 2016, up from $2.9 Read More →
Community West Bank opens new Santa Maria Branch
Community West Bancshares, parent company of Community West Bank, announced the opening of its full-service Santa Maria branch at 122 Betteravia Road on Jan. 17, replacing its 2615 S. Miller St. location. The move continues its Central Coast expansion after the bank opened its first full-service San Luis Obispo branch at 4464 Broad St. in Read More →
Net income up at Community West Bancshares
Community West Bancshares said third quarter net income was $1.5 million, up from $1.1 million in the second quarter and on pace with year-earlier earnings. For the nine months ended Sept. 30, the bank reported net income of $3.9 million versus $1 million for the prior year; loans grew 12.9 percent to $601.9 million on Read More →
Chase Bar and Grill in Santa Barbara changes ownership
Chase Bar and Grill in downtown Santa Barbara has changed ownership with the help of Community West Bank and Cal Coastal. Jackie Mathis is the new owner and George Merino was the restaurant’s former owner. Mathis is a Camarillo resident who served in the U.S. Air Force, where he managed food and beverage operations. Merino Read More →
Community West Bank hires 2 executives
Goleta-based Community West Bank has hired two new executives as the bank expands into San Luis Obispo County and maps out future growth. The bank’s parent company, Community West Bancshares, announced on Feb. 1 that it hired Brian Schwabecher as its senior vice president and regional market manager and Elizabeth Crandall as the vice president Read More →
