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Montecito Bank & Trust
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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.

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A decade of taking stock: A Q&A with West Coast Asset Management

By   /  Monday, December 27th, 2010  /  Banking & Finance, Personal Finance, Top Stories  /  Comments Off on A decade of taking stock: A Q&A with West Coast Asset Management

Business Times Editor Henry Dubroff interviews Paul Orfalea and Lance Helfert of West Coast Asset Management on investing strategies

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Ventura branch to give Crowell Weedon hat trick in region

By   /  Monday, December 13th, 2010  /  Personal Finance  /  Comments Off on Ventura branch to give Crowell Weedon hat trick in region

Financial services firm Crowell Weedon & Co. will open a Ventura branch less than a year after arriving in Santa Barbara.

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Santa Barbara firm set to launch new ETF fund

By   /  Monday, November 29th, 2010  /  Banking & Finance, Personal Finance  /  Comments Off on Santa Barbara firm set to launch new ETF fund

Santa Barbara-based Peritus Asset Management launches the first actively managed, high-yield ETF in the country on Dec. 3.

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Limoneira: from Santa Paula to Nasdaq

By   /  Monday, February 22nd, 2010  /  Personal Finance  /  Comments Off on Limoneira: from Santa Paula to Nasdaq

After 117 years of essentially operating as a family-run company, Santa Paula-based Limoneira Co. filed papers Feb. 12 to become publicly traded on the Nasdaq Stock Market. Limoneira said it’s likely the largest lemon and avocado grower in the United States. It has begun moving into real estate development with projects such as East Area Read More →

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Experts fear rules gridlock

By   /  Monday, February 15th, 2010  /  Personal Finance  /  Comments Off on Experts fear rules gridlock

As new stormwater rules take final form in Ventura County, legal experts are wondering whether the aims of the regulations are on a crash course with the goals of landmark smart-growth and carbon emissions laws passed in Sacramento in recent years. At its heart, the conflict centers on density. AB 32 and SB 375, laws Read More →

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Institute heralds $50M gift

By   /  Monday, February 1st, 2010  /  Personal Finance  /  Comments Off on Institute heralds $50M gift

In another sign of the changing ways that medical research gets funded, the partner institute in the University of California, Santa Barbara’s Center for Nanomedicine received a $50 million gift from a philanthropist Jan. 26. South Dakota billionaire Denny Sanford gave $50 million to the La Jolla-based Burnham Institute, the partner organization in the UCSB-Burnham Read More →

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