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In their own words: Spirit of Small Business 2014 winners

By   /  Thursday, August 21st, 2014  /  Central Coast, East Ventura County, Green Coast, Small Business, South Coast, Top Stories, Tri-County Economy, West Ventura County  /  No Comments

ScreenShot

The Pacific Coast Business Times’ 2014 class of Spirit of Small Business winners were honored at an awards luncheon on Aug. 14, 2014 following the publication of a special edition on July 25, 2014. The special section, produced in partership with the U.S. Small Business Administration, highlights entrepreneurship in the Tri-Counties, with profiles on successful […]

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Semtech earnings on track after layoffs

By   /  Thursday, August 21st, 2014  /  Earnings, Latest news, Technology, Tri-County Public Companies, West Ventura County  /  No Comments

Shares of Camarillo-based chipmaker Semtech Corp. were up 4.8 percent after the company announced stronger-than-expected sales and profits. Semtech, which uses a fiscal year that ends in January each year, said Aug. 20 that its second-quarter fiscal 2015 revenues were $145.7 million, up 10 percent from the previous quarter but down 12 percent from the […]

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Ventura County Credit Union purchases former Affinity Group HQ

By   /  Monday, August 18th, 2014  /  Banking & Finance, Banking Industry, East Ventura County, Real Estate, Top Stories, Tri-County Economy, West Ventura County  /  No Comments

VistaDelMarWEB

Ventura County Credit Union has purchased the 73,000-square-foot office building at 2575 Vista Del Mar Drive in Ventura for its new headquarters. The property was previously the corporate home of Affinity Group. The purchase price was not disclosed. The property previously changed hands for $4.4 million in late 2012, property records show. The credit union […]

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Santa Barbara Community Bank to open on Carrillo Street

By   /  Friday, August 15th, 2014  /  Banking & Finance, Banking Industry, Real Estate, South Coast, Tri-County Economy, West Ventura County  /  No Comments

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. […]

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Billion-dollar bond bonanza bound for ballot box

By   /  Friday, August 15th, 2014  /  Banking & Finance, Central Coast, East Ventura County, Personal Finance, South Coast, Top Stories, Tri-County Economy, West Ventura County  /  1 Comment

Tri-county school and community college districts are seeking passage this fall of bond measures totaling more than $1 billion, with many officials saying outdated buildings and overcrowded classrooms are the reason for the onslaught of financing initiatives. Across the region, at least 11 districts have successfully placed bond measures on the November ballot. The largest […]

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Clinicas sues Gold Coast Health, alleging loss of 20K patients

By   /  Friday, August 15th, 2014  /  East Ventura County, Health Care, Law, Top Stories, Tri-County Economy, West Ventura County  /  No Comments

Ventura County’s largest system of nonprofit health clinics is suing the entity that oversees the county’s Medi-Cal dollars, alleging that a breach of two contracts caused the clinics to lose 20,000 patients and at least $74,600 per month.

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Funding farming’s future: USDA tags Tri-Counties for program

By   /  Friday, August 8th, 2014  /  Agriculture, Banking & Finance, Central Coast, East Ventura County, Green Coast, South Coast, Top Stories, Tri-County Economy, West Ventura County, Wine & Viticulture  /  No Comments

The value of the strawberry crop in Ventura and Santa Barbara counties dropped 5 percent to just over $1 billion last year as farmers struggled with the drought. (USDA photo)

  A $10 billion federal fund from the U.S. Department of Agriculture could provide much-needed assistance for developing water systems and other infrastructure in the Tri-Counties, where the region’s agriculture industry has suffered tremendous losses from the drought. The USDA has designated Ventura, Santa Barbara and San Luis Obispo counties as “drought disaster counties” as […]

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