California Republic buys Westlake bank branch
Newport Beach-based California Republic Bank has purchased the Westlake Village branch of National Bank of California, saying it wants to use the new location as a foothold for expanding into the Ventura County market. Terms of the sale were not disclosed, but the two banks previously said the deal would include the branch and $16.2 Read More →
Mission pays off TARP
Mission Community Bancorp has repaid the $5.1 million in federal bank rescue funds it took at the height of the financial crisis. The San Luis Obispo-based company said Jan. 4 that it had paid $5.1 million from the Troubled Asset Relief Program to the U.S. Treasury, including $30,554 in accrued and unpaid dividends. “The capital Read More →
Credit unions bank on consumer backlash
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Dobyns named Mission Community Bank CEO
Tom Dobyns is the new CEO of San Luis Obispo-based Mission Community Bank. He was most recently president and CEO of American Security Bank in Newport Beach, prior to which he was with First Interstate Bank of California, Great Western Bank and Home Savings of America. His career started with Bank of America Corp., where Read More →
BofA lays off 140 in Conejo Valley
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