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,”
Op/ed: To protect community assets, Congress needs to level the playing field for small banks
For community banks, these new regulations are as onerous as they are expensive.
Op/ed: Regulations alone won’t instill ethics in corporate America
The bottom line is that ethical behavior cannot be legislated.
Editorial: Region’s banking crisis fades
The final phase in the region’s ongoing banking crisis may have begun.
Heritage Oaks regulatory order removed
Paso Robles-based Heritage Oaks Bancorp has bucked a regulatory consent order placed on it two years ago. The news came on April 23, as the firm reported that it earned $1.6 million in the first quarter, a 204 percent increase over the same quarter a year earlier. The parent company of Heritage Oaks Bank and Read More →
Ojai Community Bank out from regulatory order
Ojai Community Bank is out from under a regulatory consent order imposed on it last year and reported a profitable 2011, swinging back from a loss the year earlier. The small Ojai-based bank said March 27 that regulators had lifted a Federal Deposit Insurance Corp. order placed on it on March 31, 2011. The announcement Read More →
