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By Marlize van Romburgh / Friday, June 7th, 2013 / Banking & Finance, Banking Industry, Top Stories, Tri-County Economy, Tri-County Public Companies / Comments Off on $243M merger comes with fine, branch closures
PacWest Bancorp’s contentious acquisition of First California Bank has closed but the dust hasn’t settled yet on the $243 million merger. As the deal was sealed, the banks announced that federal regulators had ordered First California to pay a $600,000 fine and set up $1.1 million in restitution to more than 64,000 consumers who had Read More →
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By Marlize van Romburgh / Friday, June 7th, 2013 / Columns, Real Estate / Comments Off on Coast Village Road project springs to life with $7.3M financing in place
A major new development on the last unbuilt lot on Montecito’s Coast Village Road is set to break ground after securing $7.3 million in construction financing.
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By Marlize van Romburgh / Friday, June 7th, 2013 / Columns, Technology / Comments Off on Cal Poly engineers showcase their skills for employers at Project Expo
There’s one thing every tech company in the region has in common: They all need engineers.
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By Marlize van Romburgh / Friday, May 31st, 2013 / Banking & Finance, Banking Industry / Comments Off on FCAL ordered to pay fine, set up $1.1M restitution fund for prepaid card users
Westlake Village-based First California Financial Group has agreed to pay a $600,000 fine and set up $1.1 million in restitution to more than 64,000 consumers who used its prepaid debit card products. The announcement from the Federal Deposit Insurance Corp. comes on the day that Los Angeles-based PacWest Bancorp’s $237 million acquisition of First California Read More →
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By Marlize van Romburgh / Friday, May 31st, 2013 / Features, Small Business, Women Inc. / Comments Off on Busy as a bee: Ojai business grows big on all-natural cream
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By Marlize van Romburgh / Friday, May 31st, 2013 / Columns, Real Estate / Comments Off on SoCal firm transforms Westlake office complex into creative campus
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By Marlize van Romburgh / Friday, May 24th, 2013 / Top Stories, Tri-County Economy / Comments Off on As Santa Maria unemployment dips, valley looks to rebound
The Santa Maria Valley is on the upswing, and builders and businesses are taking note. In April, Santa Maria saw its unemployment rate dip below 10 percent for the first time in more than four years, according to a report released by the Santa Barbara County Workforce Investment Board on May 17. “Going below double Read More →
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