Port of Hueneme receives $42M EPA grant for zero-emission goal
The Port of Hueneme is receiving a $42.3 million grant from the Environmental Protection Agency to accelerate its goal of becoming the first zero-emission port in the country. The grant was announced Oct. 29. “This historic $42 million EPA grant sets the pace for the port to lead the way as the nation’s first fully Read More →
Community West Bank announces third quarter earnings
Community West Bancshares, the parent company of Community West Bank headquartered in Goleta, announced earnings for the third quarter of 20234 on Oct. 24. According to the report, Community West reported $3.4 million in net income, up from a net loss of $6.3 million in the second quarter of 2024, but down from a net Read More →
Mixed outlook for region’s shopping malls
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Bank of the Sierra reports higher net income in Q3
Sierra Bancorp, the parent company of Bank of the Sierra, announced its results for the third quarter of 2024 on Oct. 21, noting that consolidated net income was at $10.6 million for the quarter, up from $9.8 million in the same quarter a year ago. Bank of the Sierra is headquartered in Porterville but has Read More →
Community Bank of Santa Maria net income slips in third quarter
The Community Bancorp of Santa Maria, the parent company of Community Bank of Santa Maria, announced its earnings for the third quarter of 2024 on Oct. 16 after the markets closed. The bank announced that net income for the third quarter was $819,337 which is an increase from $700,729 from the second quarter of 2024. Read More →
Tri-county unemployment finally slows down upward trend
After three consecutive months of rising unemployment along the Central Coast, each of the tri-counties finally slowed that trend down in September according to the latest data from the California Employment Development Department. Released Oct. 18, the unemployment rate of the tri-counties was at 4.3% in September, down from an unemployment rate of 4.73% in August and Read More →
