On September 12, Germany’s Supreme Court will decide whether Germany can continue to put funds in the Euro stability pact, bailout programs, and thus whether there will be a Euro bond program and whether the Bundestaag will lose control of their own government. How the court decides can affect the future of [...]
When you have bad credit, everyday can seem like a terrible day even though it’s sunny California. You have a hard time getting a CA loan for a car or a home, and it seems like you will never get out ahead. Luckily, there is some help available to repair your poor California credit rating. [...]
The United States Small Business Administration (SBA) is offering several loan programs designed to assist small business owners and entrepreneurs who are just starting with new ventures.
One is the 7(a) Loan Program which includes financial aid for businesses with special requirements such as exports to foreign countries and enterprises that operate in rural areas.
The Microloan [...]
California Bank & Trust is currently offering 25-year fixed-rates on commercial real estate loans qualifying for the Small Business Administration’s 504 program.
The 25-year fixed-rate option allows small businesses to lock in long-term financing at the current historically low rates. The fixed-rate option is the latest addition to the small business loan options from California Bank [...]
U.S. Housing and Urban Development Secretary Shaun Donovan awarded an additional $149 million in funding to California communities struggling to reverse the effects of the foreclosure crisis. The grants represent a third round of funding through HUD’s Neighborhood Stabilization Program (NSP) and will provide targeted emergency assistance to help local California communities acquire, redevelop or [...]
Opus Bank has completed the acquisition of RMG Capital Corporation in October of this year in accordance with the company’s Agreement and Plan of Reorganization.
RMG’s bank subsidiary, Fullerton Community Bank FSB has merged with Opus Bank which was the surviving institution.
“I am proud of the tremendous efforts of all involved parties to bring these two [...]
In a recent radio interview, our favorite cycles expert Charless Nenner made some bold forecasts we’d like to share:
- gold cycles are bottoming, and we might see a rise to $2120 per ounce, but not much more
- expect a low in the US Dollar in March and April of 2012, after which we will see a [...]
Cites Increased Operational Efficiency and Priorities for Shareholders’ Interests
The First California Financial Group, holding company of First California Bank, reported a third quarter net income of $2.5 million compared with $64,000 for the same quarter a year ago.
Net income available to common shareholders was $900,000, or $0.03 per diluted share, which was after dividends of [...]
Law firms often have special banking needs. With many banks looking for ways to differentiate their offerings, many discover that companies in certain industries have similar needs, but they are different to other industries.
A tailored banking service for law firms’ banking needs has been created by California [...]
Online banking with Citibank is now accessible in your own iPad.
The recent launching of Citibank for iPad has raised the benchmark for online banking with fast, reliable, and secured way of tracking and analyzing your finances.
With Citibank for iPad, gone are the days of the old-fashioned style of ledger banking. In this first-ever app [...]