Heritage Oaks signs accord with Fed
Federal banking regulators have halted dividends at Paso Robles-based Heritage Oaks Bank and given the company two months to submit a plan to keep up its capital levels. The order was expected. In November, Heritage Oaks filed documents with the Securities and Exchange Commission to raise capital and warned it might be subject to orders Read More →
The new Isla Vista
Isla Vista, the run-down student community neighboring the University of California, Santa Barbara, is in the midst of a long-awaited facelift and now the first private development project under that revitalization effort is gearing up to break ground. Santa Barbara’s Mesa Lane Partners, a development firm that focuses on green and sustainable projects, plans to Read More →
Banks weigh options for tri-county branches
As CalTrans crews begin filling potholes along Highway 101, banks with tri-county operations are patching problems in their balance sheets. But other banks who’ve had a shorter history, better luck or sharper risk management see a smoother road ahead and even have expansion plans for the region. Here’s a closer look at St. Louis-based First Read More →
A nod to an agricultural pioneer
If you have sliced open a ripe Hass avocado recently, you probably owe a debt of gratitude to Hank Brokaw. Brokaw, who passed away in Santa Paula Feb. 18 at age 82, was a pioneering grower. His attention to detail in cultivation and grafting led him to produce a disease-resistant variety of the Hass avocado Read More →
I.V. 2.0 sets example for redevelopment
Long lampooned for being nothing more than an appendage to the University of California, Santa Barbara, the community of Isla Vista is finally getting a major architectural makeover. For years, Isla Vista has been the butt of jokes about sofa burnings and the scene of not-so-funny Halloween mayhem. But powerful forces are reshaping the community Read More →
