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Heritage Oaks accord strengthens BSA controls

By   /  Friday, January 9th, 2015  /  Banking & Finance, Banking Industry, Latest news, Law, Top Stories, Tri-County Public Companies  /  Comments Off on Heritage Oaks accord strengthens BSA controls

The region’s largest community bank signed an agreement with the Federal Deposit Insurance Corp. that was made public at yearend. President and CEO Simone Lagomarsino told the Business Times the accord means the bank will “beef up” its programs and policies to prevent problems down the road.

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Strawberry grower, Heritage Oaks head to trial over loan contract

By   /  Friday, July 11th, 2014  /  Agribusiness, Banking & Finance, Central Coast, Law, Top Stories, Tri-County Economy  /  Comments Off on Strawberry grower, Heritage Oaks head to trial over loan contract

A Santa Maria strawberry grower’s lawsuit alleging that Heritage Oaks Bank’s failure to provide financing after promising to do so drove the grower into near-bankruptcy is headed to trial later this month.

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Heritage Oaks and Mission Community merger to close Feb. 28

By   /  Thursday, February 20th, 2014  /  Banking & Finance, Banking Industry, Central Coast, Top Stories, Tri-County Economy  /  Comments Off on Heritage Oaks and Mission Community merger to close Feb. 28

The $56 million deal will make Heritage Oaks the largest community bank in the Tri-Counties, with about $1.6 billion in assets.

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Heritage shares rise despite profit dip

By   /  Thursday, October 24th, 2013  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Heritage shares rise despite profit dip

Shares of Paso Robles-based Heritage Oaks Bancorp were up 3.33 percent in after-hours trading after third-quarter profits hit analyst expectations and several key metrics painted a rosy picture as the bank spearheads its expansion into Ventura County. Profits actually declined to $2.8 million for the third quarter, down from $6.4 million. But the decline stemmed Read More →

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