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After seven years, the financial crisis quietly ends for area banks

By   /  Friday, March 21st, 2014  /  Op/Eds, Opinion  /  Comments Off on After seven years, the financial crisis quietly ends for area banks

“Even the pessimists were thinking three years,” Community West CEO Marty Plourd told me. “No one expected the low-interest-rate environment to last this long,”

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Community bank recovery takes shape in region

By   /  Friday, March 15th, 2013  /  Banking & Finance, Banking Industry, Top Stories  /  Comments Off on Community bank recovery takes shape in region

A recovery is taking hold across the region’s mid-sized banks, marked by higher profits and climbing share prices. Ventura-based County Commerce bank’s share price is up about 7 percent year-to-date, coming off of the bank’s most successful year so far. “Growing during an economic downturn is not easy, as you know,” CEO Joe Kruetz told Read More →