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By pacbiztimes / Friday, October 23rd, 2015 / Banking & Finance, Banking Industry, Latest news, Top Stories / Comments Off on Rabobank facility bringing 250 jobs to Santa Maria
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By Staff Report / Thursday, October 22nd, 2015 / Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies / Comments Off on Goleta’s Community West Bank has strong third quarter
Community West Bancshares, parent company of Community West Bank headquartered in Goleta, reported on Oct. 22 net income of $1.6 million in the third quarter of 2015 compared to net income of $1.7 million in the third quarter a year ago. Community West reported net income of $1.0 million in the first nine months of Read More →
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By Staff Report / Wednesday, October 14th, 2015 / Banking & Finance, Banking Industry, Latest news, Top Stories / Comments Off on Citizens Business Bank acquiring County Commerce Bank
Ontario-based Citizens Business Bank will acquire Oxnard-based County Commerce Bank in a cash and stock deal announced Oct. 14. The deal will strengthen Citizens’ commercial banking presence in Ventura County and CCB will have more lending power, the companies said in a news release. In exchange for all of CCB’s common stock and options, Citizens Read More →
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By Staff Report / Thursday, September 17th, 2015 / Banking & Finance, Banking Industry, Central Coast, Latest news / Comments Off on Community West Bank opens loan office in San Luis Obispo
Goleta-based Community West Bank opened a new loan production office in San Luis Obispo, the company announced Sept. 17. The bank snatched up area expertise when it hired Bill Filippin in May as the executive vice president. Filippin previously worked with San Luis Obispo-based Heritage Oaks Bank (and Mission Community Bank until it was merged Read More →
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By pacbiztimes / Friday, September 4th, 2015 / Banking & Finance, Banking Industry, Latest news, Top Stories, Tri-County Public Companies / Comments Off on Citizens Business Bank targets Tri-Counties for growth
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By Staff Report / Thursday, August 27th, 2015 / Banking & Finance, Banking Industry, Latest news, Tri-County Public Companies / Comments Off on Combined banks will be known as American Riviera Bank
The combined American Riviera Bank and The Bank of Santa Barbara will be known as American Riviera Bank, the merged institution announced Aug. 27. Santa Barbara-based marketing agency Idea Engineering deemed that the name would have better “brand impact.” The banks proposed the merger in July, which would combine two smaller companies into a three-branch Read More →
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By Staff Report / Friday, August 21st, 2015 / Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies / Comments Off on Goleta-based Community West Bancshares reports loss
Goleta-based Community West Bancshares, parent company of Community West Bank, reported a loss of $2.3 million in the second quarter of 2015 following a $7.2 million loan settlement. The company recorded a profit of $1.7 million in the same period last year. “Community West’s second quarter results included solid loan and deposit growth and strong Read More →
