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By Henry Dubroff / Friday, October 30th, 2015 / Editorials, Opinion / Comments Off on Port grant, trade pact boon for Central Coast
International commerce on the Central Coast got a boost from a pair of announcements last week. On Oct. 26, the Department of Transportation awarded $12.3 million to the Port of Hueneme for upgrades and modernization that includes dredging the harbor to accommodate larger ships. Also in the mix is improved transportation infrastructure, particularly for hauling Read More →
Citizens Business Bank will acquire County Commerce Bank in a cash-and-stock deal, shrinking the number of community banks but vastly increasing the region’s lending capital. The proposed merger would strengthen Citizens’ commercial banking presence in Ventura County and fuel its regional expansion. Ontario-based Citizens, which has maintained a strong presence in the San Fernando Valley, Read More →
Ontario-based Citizens Business Bank will acquire Oxnard-based County Commerce Bank in a cash and stock deal announced Oct. 14. The deal will strengthen Citizens’ commercial banking presence in Ventura County and CCB will have more lending power, the companies said in a news release. In exchange for all of CCB’s common stock and options, Citizens Read More →
Goleta-based Community West Bank opened a new loan production office in San Luis Obispo, the company announced Sept. 17. The bank snatched up area expertise when it hired Bill Filippin in May as the executive vice president. Filippin previously worked with San Luis Obispo-based Heritage Oaks Bank (and Mission Community Bank until it was merged Read More →
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