Ojai Community Bank opens South Coast outpost
By Staff Report / Thursday, October 23rd, 2014 / Banking & Finance, Banking Industry, Latest news, Top Stories, Tri-County Public Companies / Comments Off on Ojai Community Bank opens South Coast outpost
Santa Barbara’s newest banking office, Santa Barbara Community Bank, opened its doors quietly on Oct. 22.
Read More →Op/ed: Unproductive Congress hurts bankers and borrowers
By Guest commentary / Friday, October 3rd, 2014 / Op/Eds, Opinion / Comments Off on Op/ed: Unproductive Congress hurts bankers and borrowers
By Rodney Brown Members of the California Bankers Association annually travel to Washington, D.C., to speak with our elected representatives about some of the major legislative issues that are a priority for our industry and our customers. On our fall trip this year, we learned firsthand how truly gridlocked this Congress is, and the unfortunate Read More →
Read More →Santa Barbara Community Bank to open on Carrillo Street
By Staff Report / Friday, August 15th, 2014 / Banking & Finance, Banking Industry, Real Estate, South Coast, Tri-County Economy, West Ventura County / Comments Off on Santa Barbara Community Bank to open on Carrillo Street
OCB Bancorp has taken over the 1,600-square-foot space at 21 E. Carrillo St. in downtown Santa Barbara for its new Santa Barbara Community Bank division. The location is a new branch for Ojai-based OCB Bancorp, which announced last month that it had tapped veteran banker Eloy Ortega to lead its expansion into the South Coast. Read More →
Read More →OCB Bancorp taps Ortega to open Santa Barbara branch
By Marlize van Romburgh / Friday, August 1st, 2014 / Banking & Finance, Banking Industry, East Ventura County, South Coast, Top Stories, Tri-County Economy, West Ventura County / Comments Off on OCB Bancorp taps Ortega to open Santa Barbara branch
The parent company of Ojai Community Bank is tapping veteran South Coast banker Eloy Ortega to open a new Santa Barbara branch.
Read More →Santa Clara Valley Bank to be sold in $15.3M deal
By Staff Report / Friday, July 18th, 2014 / Agribusiness, Banking & Finance, Banking Industry, Latest news, Top Stories / Comments Off on Santa Clara Valley Bank to be sold in $15.3M deal
Santa Paula-based Santa Clara Valley Bank is being acquired by Sierra Bancorp for $15.3 million in an all-cash deal announced July 17. The Ventura County bank operates branches in Fillmore, Santa Paula and Valencia. With assets of about $127 million, the bank is the second-smallest bank headquartered in the Tri-Counties.
Read More →Heritage Oaks to cut 60 jobs as Mission Community deal closes
By Marlize van Romburgh / Friday, March 7th, 2014 / Banking & Finance, Banking Industry, Central Coast, Top Stories, Tri-County Economy, Tri-County Public Companies / Comments Off on Heritage Oaks to cut 60 jobs as Mission Community deal closes
With its $56 million acquisition of Mission Community Bancorp, Heritage Oaks will shutter branches along the Central Coast in coming months and lay off about 60 employees in several phases.
Read More →Heritage Oaks and Mission Community merger to close Feb. 28
By Staff Report / Thursday, February 20th, 2014 / Banking & Finance, Banking Industry, Central Coast, Top Stories, Tri-County Economy / Comments Off on Heritage Oaks and Mission Community merger to close Feb. 28
The $56 million deal will make Heritage Oaks the largest community bank in the Tri-Counties, with about $1.6 billion in assets.
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