Yardi family buys landmark Santa Barbara Riviera property
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Michael and Anne Towbes give $5M to Granada Theatre group
Developer and banker Michael Towbes and his wife, Anne, have made a $5 million gift to the Santa Barbara Center for the Performing Arts. The gift is irrevocable, the organization said in a March 17 announcement, and is in addition to the $15 million the couple has previously given to SBCPA.
Bank profits pay Community Dividends as $1M event salutes 10 years
More than a decade ago, banker and developer Michael Towbes came up with the idea of turning Montecito Bank & Trust into an S Corporation.
MB&T starts 37th year on high note
Ten nonprofits from across th region received grants on March 14 as Montecito Bank & Trust prepared to celebrate its 37th anniversary and it 20th year of adding a philanthropic twist to the festivities. The bank’s employees selected the 10 organizations, which included All for Animals, Alzheimer’s Association, American Heart Association, Council on Alcoholism and Read More →
Editorial: Community Dividends kickstarts giving season
In what has become a welcome and enduring tradition in the region, Montecito Bank & Trust kicked off Thanksgiving week with its ninth annual Community Dividends luncheon on Nov. 21.
Jordano joins Hall of Fame
Peter Jordano will become the sixth member of the Pacific Coast Business Times’ Business Hall of Fame.
Montecito Bank & Trust hands out $1M
Montecito Bank & Trust bank officials handed out $1 million in checks to 163 organizations located from Solvang to Westlake Village.