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By Staff Report / Thursday, June 26th, 2014 / Banking & Finance, Banking Industry / Comments Off on Community West names chief credit officer
Goleta-based Community West Bancshares, the holding company for Community West Bank, has hired Kristine Price as its new chief credit officer and vice president, effective July 31. Price was previously the chief credit officer and senior credit administrator for the Los Angeles market at Torrey Pines Bank, the California division of Western Alliance Bank. She Read More →
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By Staff Report / Friday, June 13th, 2014 / Banking & Finance, Banking Industry, Top Stories / Comments Off on Coast National Bank parent raises $6.8M in private placement
Coast Bancorp has raised $6.8 million through a private placement of debt and equity, a capital infusion that the San Luis Obispo-based banking firm said will be used for future growth as it turns the corner toward profitability. The parent company of Coast National Bank said the raise included 4.8 million shares of common stock Read More →
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By Staff Report / Tuesday, May 20th, 2014 / Banking & Finance, Banking Industry, East Ventura County, South Coast, Top Stories, Tri-County Economy, West Ventura County / Comments Off on City National hires set stage for South Coast expansion
City National Bank has hired a team of prominent South Coast private bankers as it gets ready to launch an expansion into Santa Barbara County. The Los Angeles-based bank, one of the largest based in California, said Tuesday that it has hired Leo Hamill, Susan Rogers, Annamarie Cole, Amber Ortiz and Roy Martinez. All are Read More →
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By Marlize van Romburgh / Friday, May 16th, 2014 / Banking & Finance, Banking Industry, South Coast, Top Stories, Tri-County Economy / Comments Off on UPDATED: Bank of Santa Barbara CEO search underway
The Bank of Santa Barbara is searching for a new CEO as it races to comply with a regulatory order related to violations of Bank Secrecy Act reporting rules. Eloy Ortega has left his position as chief executive and Joanne Funari has been appointed interim CEO while a special committee recruits a new leader.