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Tri-county independent banks down to Final Four

By   /   Friday, April 28th, 2017  /   Comments Off on Tri-county independent banks down to Final Four

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Banking industry consolidation on the Central Coast picked up speed on April 25 with the parent company of Bank of the Sierra announcing plans to acquire OCB Bancorp and its four branches in Santa Barbara and Ventura counties. The $14 per share acquisition sent OCB Bancorp shares soaring more than 50 percent and marks the…

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