No more delays in widening Highway 101
There they go again. The no-growth crowd is crowing about a newly-released environmental impact report that shows a handful of intersections on Highway 101 will experience slowdowns after the highway is widened between Carpinteria and Montecito. But to anybody who’s been following the buzzing of political gadflies around the estimated $428 million project, the complaints Read More →
SLO County OKs pilot program to fast track middle class housing
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Montecito Bank & Trust donates $1 million to nonprofits
Montecito Bank & Trust doled out $1 million to nonprofits throughout Santa Barbara and Ventura counties at its 14th annual Community Dividends event. The largest financial institution based in Santa Barbara County rung in the season of giving by providing grants to a record-high 203 area nonprofits that primarily serve low- and moderate-income individuals. “We Read More →
Widening Highway 101 will reduce traffic woes
Construction on Highway 101 from Casitas Pass Road to Cabrillo Boulevard through Montecito is causing havoc for commuters trying to navigate from Ventura into Santa Barbara. The project will continue into 2020 as Caltrans-funded upgrades to the 101 are incorporated into widening for high occupancy vehicle lanes through a transportation corridor that’s absolutely crucial to Read More →
Housing solution key to strong Central Coast economy
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Montecito Bank & Trust net income down but loan, deposit growth strong
Santa Barbara-based Montecito Bank & Trust reported $10.9 million of net income in the third quarter, down from $12.2 million over the same period last year, but had strong loan and deposit growth. In 2016, MB&T discontinued reversals of excess loan loss reserves to support loan growth, which is reflected in the reduced year-to-date net Read More →
Montecito Country Club golf course nearly done but won’t open until 2017
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