Bank of America hires new market president
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Read More →Regulation key to fintech’s future
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Read More →Regulatory agencies terminate Heritage Oaks Bancorp consent order
Heritage Oaks Bankcorp said Nov. 29 that state and federal regulatory agencies have terminated a consent order related to the Bank Secrecy Act and anti-money laundering programs at its Heritage Oaks Bank subsidiary. The Paso Robles-based bank is the largest in the region with $2 billion in assets. Heritage Oaks said the Federal Deposit Insurance Read More →
Read More →Wells Fargo economist says Trump will likely help economy
President-elect Donald Trump will likely have a positive impact on the regional and national economy in the short term in the form of tax cuts and ramping up defense spending, Wells Fargo Senior Economist Mark Vitner said. Trump claims he will reduce personal and corporate income taxes, which would theoretically spur investment in the U.S. Read More →
Read More →OCB Bancorp income grows during third quarter
In its third quarter earnings report, OCB Bancorp — parent company of Ojai Community Bank, Santa Barbara Community Bank, Ventura Community Bank and Santa Paula Community Bank — reported net income year-to-date of $851,000, or 37 cents per share, up from $622,000 last year. Total loans increased by $42 million, or 26 percent, to hit Read More →
Read More →Heritage Oaks Bank income up slightly in third quarter
Paso Robles-based Heritage Oaks Bank reported a net income of $4.2 million in the third quarter, or 12 cents per diluted common share, up from $4 million, or 12 cents per share, for the same period last year. Gross loans increased by $136 million, or 11.3 percent, to $1.3 billion, compared to $1.2 billion in Read More →
Read More →Central Coast bank merger wave rolls on
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