Latest
By Staff Report / Monday, October 26th, 2015 / Banking Industry, Latest news / Comments Off on First Mortgage Corp. closing Ventura branch
Ontario-based loan provider First Mortgage Corp. is closing its doors, including a branch in Ventura, the company announced on Oct. 26. First Mortgage stopped giving out loans in July, according to the news release. It is in the process of selling off or liquidating its loan and servicing portfolios and its loan origination offices. Its Read More →
Read More →
Latest
By Alex Kacik / Friday, October 23rd, 2015 / Banking & Finance, Banking Industry, Latest news, Top Stories, Tri-County Public Companies / Comments Off on Mergers reshape tri-county banking
Citizens Business Bank will acquire County Commerce Bank in a cash-and-stock deal, shrinking the number of community banks but vastly increasing the region’s lending capital. The proposed merger would strengthen Citizens’ commercial banking presence in Ventura County and fuel its regional expansion. Ontario-based Citizens, which has maintained a strong presence in the San Fernando Valley, Read More →
Read More →
Latest
By Alex Kacik / Friday, October 23rd, 2015 / Banking & Finance, Banking Industry, Latest news, Top Stories / Comments Off on Rabobank facility bringing 250 jobs to Santa Maria
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Read More →
Latest
By Staff Report / Wednesday, October 14th, 2015 / Banking & Finance, Banking Industry, Latest news, Top Stories / Comments Off on Citizens Business Bank acquiring County Commerce Bank
Ontario-based Citizens Business Bank will acquire Oxnard-based County Commerce Bank in a cash and stock deal announced Oct. 14. The deal will strengthen Citizens’ commercial banking presence in Ventura County and CCB will have more lending power, the companies said in a news release. In exchange for all of CCB’s common stock and options, Citizens Read More →
Read More →
Latest
By Staff Report / Thursday, September 17th, 2015 / Banking & Finance, Banking Industry, Central Coast, Latest news / Comments Off on Community West Bank opens loan office in San Luis Obispo
Goleta-based Community West Bank opened a new loan production office in San Luis Obispo, the company announced Sept. 17. The bank snatched up area expertise when it hired Bill Filippin in May as the executive vice president. Filippin previously worked with San Luis Obispo-based Heritage Oaks Bank (and Mission Community Bank until it was merged Read More →
Read More →