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Tri-county independent banks down to Final Four

By   /  Friday, April 28th, 2017  /  Banking & Finance, Banking Industry, East Ventura County, Latest news, West Ventura County  /  Comments Off on Tri-county independent banks down to Final Four

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Coast National sale speeds up merger surge

By   /  Friday, January 8th, 2016  /  Banking & Finance, Banking Industry, Central Coast, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Coast National sale speeds up merger surge

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Coast National Bank parent raises $6.8M in private placement

By   /  Friday, June 13th, 2014  /  Banking & Finance, Banking Industry, Top Stories  /  Comments Off on Coast National Bank parent raises $6.8M in private placement

Coast Bancorp has raised $6.8 million through a private placement of debt and equity, a capital infusion that the San Luis Obispo-based banking firm said will be used for future growth as it turns the corner toward profitability. The parent company of Coast National Bank said the raise included 4.8 million shares of common stock Read More →

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Heritage Oaks to buy Morro Bay branch from Coast National

By   /  Monday, October 1st, 2012  /  Banking & Finance, Banking Industry, Latest news, Tri-County Public Companies  /  Comments Off on 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 →

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Coast National snatches former Mission CEO

By   /  Friday, January 20th, 2012  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on 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 →

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