Regulatory agencies terminate Heritage Oaks Bancorp consent order
Banking & Finance, Banking Industry, Latest news, Law & GovermentHeritage Oaks Bankcorp said Nov. 29 that state and federal regulatory agencies have terminated a consent order related to the Bank Secrecy Act and anti-money laundering programs at its Heritage Oaks Bank subsidiary. The Paso Robles-based bank is the largest in the region with $2 billion in assets. Heritage Oaks said the Federal Deposit Insurance Read More →
Small Business Saturday spurs sales at tri-county merchants
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QAD’s third quarter net income falls
Earnings, Latest news, Tri-County Public CompaniesQAD revenues edged up during its fiscal third quarter 2017, but the company lost ground on net income and earnings per share. Total revenue for the enterprise business software provider, based in Santa Barbara, grew to $69.5 million, up from $68 million for the third quarter last year. Revenue mix continued to trend away from Read More →
Santa Barbara Foundation has new North County headquarters
Latest news, NonprofitsThe Santa Barbara Foundation will formally open its new North Santa Barbara County headquarters at 2625 S. Miller St. Ste. 101 in Santa Maria on Nov. 30. It will take the place of its smaller, former North County location at 120 E. Jones St. Ste. 110 in Santa Maria. The new space will allow the Read More →
Ventura County Community College District closes escrow on new administration center
Higher Education, Latest news, Real EstateThe Ventura County Community College District closed escrow on its new district administrative center at 761 E. Daily Drive in Camarillo, which VCCCD purchased for $7 million. “Moving the administration building to the center of the district will benefit everyone,” Chancellor Bernard Luskin said in a news release issued on Nov. 16. “In addition, the new Read More →
Philanthropists honored in San Luis Obispo
Central Coast, Latest news, NonprofitsMore than 150 community leaders turned out at the Madonna Inn on Nov. 15 as the 2nd annual San Luis Obispo County National Philanthropy Day Awards honored two of the region’s high tech pioneers. Bert and Candee Forbes, who founded and owned Ziatech until its sale to Intel in 1999, shared Philanthropist of the Year Read More →
Oxnard apartment complex sells for $30.7 million
Latest news, Real EstateA 168-unit multifamily development in Oxnard was purchased for $30.7 million. Los Angeles-based real estate investment firm JRK Property Holdings acquired the property at 2444 Alvarado St. near the open-air shopping center The Collection from a private investor, marking its second multifamily acquisition in Oxnard over the past two years. Rancho Solana borders the RiverPark Read More →
