Tri-county unemployment rate down from April, up year-over-year

The unemployment rate in each of the tri-counties saw continued declines in May from April, but the jobless rate is still higher than at this time a year ago. According to the latest data provided by the California Employment Development Department on June 20, the unemployment rate for the Central Coast was 3.8% in May, down below 4% for the Read More →
Marty Plourd named board chair for California Bankers Association
Marty Plourd, the president of Community West Bank since 2011, has assumed the role of 2025-2026 chair of the California Bankers Association as of June 1. Plourd assumes the role of chair from Krista Snelling, president and CEO of West Coast Community Bank. Plourd assumes the role with more than 30 years of banking experience Read More →

805 pride: Central Coast merchants see gains from being out

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Street smarts: SeaVees partners with founding company for limited release
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CRE: SBNC breaks ground on new flagship facility

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F&M Trust hires new director to head fresh Santa Barbara office

A couple of months after Farmers & Merchants Bank of Long Beach announced its intention to grow its tri-county presence, Farmers & Merchants Trust company is doing the same thing with a new hire to head its fresh Santa Barbara office set to reopen next month. Salvatore “Tory” Milazzo was appointed to be F&M Trust’s newest senior vice president, trust and investment manager, the organization announced Read More →

Travel report: 2024 tri-county economy gets lift from strong tourism

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