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Lack gets nine-plus year sentence, faces additional 11

By   /  Friday, November 7th, 2014  /  Features, Latest news, Law, Real Estate, South Coast, Top Stories  /  Comments Off on Lack gets nine-plus year sentence, faces additional 11

Convicted former contractor, 53-year-old David Lack was slapped nine years and eight months in state prison at his Nov. 6 sentencing, after a jury found him guilty of three counts of grand theft in early August. Lack was also ordered to pay restitution of $300,000 to Mary Belle Snow, $600,508.74 to Rabobank and more than Read More →

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UPDATED: Bank of Santa Barbara CEO search underway

By   /  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.

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The Bank of Santa Barbara CEO steps down

By   /  Wednesday, May 14th, 2014  /  Banking & Finance, Banking Industry, South Coast, Tri-County Economy  /  Comments Off on The Bank of Santa Barbara CEO steps down

The Bank of Santa Barbara is seeking a new CEO as it races to comply with a regulatory order related to violations of Bank Secrecy Act reporting rules.

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Funari leaves Business First for Bank of Santa Barbara

By   /  Friday, November 1st, 2013  /  Banking & Finance, Banking Industry, Latest news, South Coast  /  Comments Off on Funari leaves Business First for Bank of Santa Barbara

Longtime Santa Barbara banker Joanne Funari has stepped down from Business First Bank to join the Bank of Santa Barbara as chief operating officer.

Funari previously served as regional director and president of Business First, a division of Heritage Oaks Bancorp based in downtown Santa Barbara.

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Revisiting a bank acquisition, one year later: Bank of SB hits 54% asset growth

By   /  Monday, October 4th, 2010  /  Banking & Finance, Banking Industry  /  Comments Off on Revisiting a bank acquisition, one year later: Bank of SB hits 54% asset growth

One of the Tri-Counties’ smallest banks has made a sizeable rebound in the 10 months since a team of Santa Barbara investors purchased it from its former Michigan parent. The Bank of Santa Barbara, which came under local ownership in November 2009, has seen deposits jump 80 percent year-over-year as assets climbed more than 54 Read More →

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