Tri-county independent banks down to Final Four
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Coast National sale speeds up merger surge
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Heritage Oaks to buy Morro Bay branch from Coast National
Paso Robles-based Heritage Oaks Bank is buying the Morro Bay branch and assets of San Luis Obispo-based Coast National Bank. The acquisition, announced Oct. 1, will include about $30 million in deposit accounts. It will also include the branch building. Heritage Oaks said it will pay “market value” for the building at 898 Morro Bay Read More →
Coast National snatches former Mission CEO
Anita Robinson, the former CEO of Mission Community Bank, has moved to San Luis Obispo-based Coast Bancorp, parent of Coast National Bank. Her move comes two months after Mission announced that Robinson, the founding CEO of that bank, would be reassigned to head up its community development subsidiary. Coast is a four-branch bank with $135.6 Read More →
