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Montecito Bank & Trust
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Bank buy starts Mission shopping spree

By   /  Friday, July 1st, 2011  /  Banking & Finance, Banking Industry, Top Stories  /  Comments Off on Bank buy starts Mission shopping spree

Mission Community Bank plans to acquire Santa Lucia Bancorp, doubling its size and kicking off a bank buying spree.

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Trade lenders eye Ventura County Business Bank

By   /  Friday, June 24th, 2011  /  Banking & Finance, Banking Industry, Top Stories  /  Comments Off on Trade lenders eye Ventura County Business Bank

A Chinese-American bank focused on trade finance is acquiring Ventura County Business Bank.

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UCSB series digs at roots of banking crisis

By   /  Thursday, June 9th, 2011  /  Banking & Finance, Banking Industry, Top Stories  /  Comments Off on UCSB series digs at roots of banking crisis

During the next five months, UC Santa Barbara will host a series of talks in which Nobel Prize-winning economists, best-selling financial journalists and other experts will take a deep look at the financial crisis and its aftermath.

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Area banks hiring

By   /  Friday, May 6th, 2011  /  Banking & Finance, Banking Industry, Top Stories, Tri-County Economy  /  Comments Off on Area banks hiring

After posting mostly solid first-quarter earnings, banks in the region are scouting for resumes again. Three of the largest firms in the region are looking to fill more than 300 open positions among them.

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Bank earnings rebound signals better times

By   /  Friday, April 29th, 2011  /  Banking & Finance, Banking Industry, Earnings, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Bank earnings rebound signals better times

Santa Barbara Bank & Trust and its smaller banking peers in the region are reporting improved earnings.

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Dealing a new card at First California

By   /  Friday, January 14th, 2011  /  Banking & Finance, Banking Industry, Personal Finance, Top Stories  /  Comments Off on Dealing a new card at First California

First California Financial Group’s foray into the prepaid debit card market is a potentially lucrative moneymaker for the banking firm, but also a step into a riskier, increasingly regulated business.

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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.