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CoastHills Credit Union expands to five counties

By   /  Wednesday, August 13th, 2014  /  Banking & Finance, Central Coast, East Ventura County, South Coast, Top Stories, Tri-County Economy  /  Comments Off on CoastHills Credit Union expands to five counties

CoastHills Credit Union, the region’s largest credit union, has extended its reach from the southern edge of the Bay Area to the Los Angeles County line. The $750 million-asset financial institution said Aug. 13 that its July conversion from a federal to a state charter will allow it to set its service area as the Read More →

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

By   /  Friday, August 8th, 2014  /  Agribusiness, Banking & Finance, Central Coast, East Ventura County, Green Coast, South Coast, Top Stories, Tri-County Economy, West Ventura County, Wine & Viticulture  /  Comments Off on Funding farming’s future: USDA tags Tri-Counties for program

  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 Read More →

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Courts say electronic records are on the docket

By   /  Friday, August 8th, 2014  /  Central Coast, East Ventura County, Law, South Coast, Technology, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Courts say electronic records are on the docket

Coming soon to a courthouse near you: Electronic document filing, judges swiping through case files on touch pads and digital public access to court records.

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Profits rise at PennyMac firms

By   /  Wednesday, August 6th, 2014  /  Earnings, East Ventura County, Latest news, Real Estate, Tri-County Public Companies  /  Comments Off on Profits rise at PennyMac firms

Moorpark-based PennyMac Financial Services said profits rose to $51.4 million on revenue of $130.4 million for the second quarter, beating Wall Street expectations for both measures.

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Pension opponents won’t appeal court defeat

By   /  Wednesday, August 6th, 2014  /  East Ventura County, Latest news, Law, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Pension opponents won’t appeal court defeat

A proposal to overhaul Ventura County’s public pension system appears dead after the Ventura County Taxpayers Association said it will not appeal a judge’s Aug. 4 ruling that tossed the ballot measure.

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Crop values hit $4.4B as drought parches strawberries

By   /  Wednesday, August 6th, 2014  /  Agribusiness, Central Coast, East Ventura County, Green Coast, Latest news, South Coast, Top Stories, Tri-County Economy, West Ventura County, Wine & Viticulture  /  Comments Off on Crop values hit $4.4B as drought parches strawberries

Drought conditions sapped 12 percent of the value of strawberry production in Ventura County while wine grapes surged for Santa Barbara and San Luis Obispo counties to help boost the region’s crop values to $4.4 billion, according to reports on last year’s crops.

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Bank of America names market president

By   /  Tuesday, August 5th, 2014  /  Banking & Finance, Banking Industry, Central Coast, East Ventura County, South Coast, Tri-County Economy, West Ventura County  /  Comments Off on Bank of America names market president

Diana Gleason has been named market president for Bank of America in Ventura and Santa Barbara counties. Most recently, Gleason was a regional sales executive for Bank of American Home Loans for Ventura, Santa Barbara and San Luis Obispo counties and West Los Angeles. She has been in the banking industry for nearly 40 years Read More →

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