Menu
/REGISTER
PPB
Fielding
Montecito
Powershare
Loading...
You are here:  Home  >  Banking & Finance  >  Banking Industry  -  Page 45

Montecito Bank & Trust
Latest

Cal Oaks merger closes

By   /  Monday, January 3rd, 2011  /  Banking & Finance, Banking Industry, Latest news, Top Stories  /  Comments Off on Cal Oaks merger closes

Encino-based California United Bank completed its $17.2 million acquisition of Thousand Oaks-based California Oaks State Bank on Dec. 31. Cal Oaks shareholders will receive compensation of $11.35 per share, half in cash and half in shares of California United common stock, the banks announced Jan. 3.

Read More →
Latest

First California to buy into debit card business

By   /  Thursday, December 30th, 2010  /  Banking & Finance, Banking Industry, Latest news, Personal Finance, Top Stories  /  Comments Off on First California to buy into debit card business

Westlake Village-based First California Financial Group said Dec. 30 that it will buy the electronic banking division of Palm Desert-based Palm Desert National Bank, allowing it to move into the prepaid debit card market. Terms of the deal were not disclosed.

Read More →
Latest

Pacific Capital hires Cal Fed veterans

By   /  Tuesday, December 28th, 2010  /  Banking Industry, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Pacific Capital hires Cal Fed veterans

Pacific Capital Bancorp, the parent of Santa Barbara Bank & Trust that was recapitalized and taken over by Texas banking heavyweights Gerald Ford and Carl Webb earlier this year, is bringing aboard a new group of executives that helped Webb and Ford build out their last big venture.

Read More →
Latest

Cal Oaks merger nears close

By   /  Friday, December 10th, 2010  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on Cal Oaks merger nears close

Shareholders of both California United Bank and California Oaks State Bank gave the final go-ahead for the merger of the two institutions on Dec. 9

Read More →
Latest

Pacific Capital wraps up $76.4M rights offering

By   /  Monday, November 29th, 2010  /  Banking Industry, Latest news, Tri-County Public Companies  /  Comments Off on Pacific Capital wraps up $76.4M rights offering

Santa Barbara-based Pacific Capital Bancorp said Nov. 29 that it has completed its shareholder rights offering, raising $76.4 million by selling shares of common stock at 20 cents per share.

Read More →
Latest

Pacific Capital announces stock split

By   /  Wednesday, November 24th, 2010  /  Banking & Finance, Banking Industry, Latest news, Tri-County Public Companies  /  Comments Off on Pacific Capital announces stock split

Pacific Capital Bancorp said Nov. 24 that its board of directors has approved a 1-for-100 reverse stock split.

Read More →
Latest

Cal Oaks merger gets federal OK

By   /  Wednesday, November 24th, 2010  /  Banking Industry, Latest news  /  Comments Off on Cal Oaks merger gets federal OK

Thousand Oaks-based California Oaks State Bank and Encinco-based California United Bank said Nov. 24 that they’ve received the green light from federal banking regulators to complete their proposed acquisition deal.

Read More →