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Montecito Bank & Trust
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CoastHills Credit Union has new CFO

By   /  Tuesday, April 7th, 2020  /  Banking & Finance, Banking Industry, Central Coast, Latest news  /  No Comments

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Tri-county experts weigh in on CARES Act

By   /  Friday, April 3rd, 2020  /  Banking & Finance, Banking Industry, Biotech, Health Care, Latest news, Law, Small Business, Tri-County Economy  /  No Comments

The $2.2 trillion Coronavirus Aid, Relief and Economic Security Act that passed March 27 set in motion several measures in attempts to financially stabilize staggering businesses affected by social distancing and sheltered-at-home consumers. To weave through the complexities of the CARES Act and the collection of economic relief programs put in place, the Business Times Read More →

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Few tri-county lenders ready to accept CARES Act loan applications

By   /  Friday, April 3rd, 2020  /  Banking & Finance, Banking Industry, Latest news, Small Business  /  No Comments

April 3 was the first day small businesses could apply for new programs under the CARES Act, but last-minute changes meant only a few financial institutions in the Tri-Counties were able to roll out those options on opening day. Through hard work and preparation, Montecito Bank & Trust was able to accept initial applications when Read More →

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Garufis: Loans available to help businesses survive

By   /  Friday, April 3rd, 2020  /  Banking & Finance, Banking Industry, Latest news, Op/Eds, Small Business  /  No Comments

By Janet Garufis We have all witnessed first-hand the serious and immediate impacts of the pandemic on local small businesses, our friends, neighbors and ourselves. Many workers have been furloughed or are now unemployed as non-essential businesses close and others learn to operate under restrictions that provide safe social distancing. At Montecito Bank & Trust, Read More →

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Dubroff: Loan program will stabilize America’s small businesses

By   /  Friday, April 3rd, 2020  /  Banking & Finance, Banking Industry, Columns, Latest news, Small Business  /  No Comments

Henry Dubroff

Within the next week or so, thousands of small companies are going to be applying for loans — and possible loan forgiveness — under the Paycheck Protection Program or PPP that’s part of the $2 trillion in federal funding approved under the CARES Act. I’ve been studying the PPP since the first details began to Read More →

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Tri-county coronavirus news you can use

By   /  Friday, March 27th, 2020  /  Agribusiness, Banking Industry, Health Care, Latest news, Small Business, Tri-County Public Companies  /  No Comments

DOCTORS FEND OFF VIRUS WITH LEMONS Limoneira, based in Santa Paula, is donating lemons for doctors and nurses in five New York City area hospitals, after Dr. Andrew Weber told the New York Post that he is using large doses of Vitamin C to help fight the COVID-19 virus. Limoneira said it is targeting the Read More →

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Garufis: Reflections on leadership

By   /  Friday, March 20th, 2020  /  Banking & Finance, Banking Industry, Latest news, Op/Eds, Opinion, Women Inc.  /  No Comments

By Janet Garufis This week, Pacific Coast Business Times is celebrating 20 years in business. When most newspapers are facing existential moments, the PCBT thrives, bringing the business community essential news and reporting for the Central Coast. Congratulations to Henry and Linda and the team on your success. And on March 17, Montecito Bank & Read More →

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