Consumers More Satisfied With Banks, Consumer Report Says

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Consumers More Satisfied With Banks, Consumer Report Says

Saturday, April 23rd, 2011 | Comments Off

Consumer sentiment toward retail banks appears to have reversed its historical downward slide, increasing in 2011 for the first time since 2007, according to the J.D. Power and Associates 2011 U.S. Retail Banking Satisfaction Study released today.

First California Buys Palm Desert Bank Electronic Payment Division

Tuesday, April 12th, 2011 | Comments Off

First California Financial Group, parent of First California Bank, now owns the Electronic Payment Solutions division of Palm Desert National Bank, for $5.5 million in cash. Included in the transaction were Palm Desert’s customer base, core deposits, and employees. When last reported at the end of December, deposits were around $74 million, and revenues $3.3 […]

California United Bank President Appointed to Board of Directors for San Fran Fed

Saturday, March 12th, 2011 | Comments Off

California United Bank has appointed David Rainer, the Bank’s Chairman, to the Board of Directors of the Federal Reserve Bank of San Francisco, Los Angeles Branch for a term which will expire December 31, 2013.

Fourteen California Collection Departmeent Employees Certified

Thursday, March 10th, 2011 | Comments Off

Many people may not know this, but collection agents go through extensive training to learn how to hound you for past-due balances. of your finest California bank collection employees have recently been certified.

California Bank Agrees to Acquire Cascade Bank in Washington

Monday, March 7th, 2011 | Comments Off

Opus Bank has entered an agreement to acquire Washington-based Cascade Financial and its subsidiary Cascade Bank.

Two California Banks Shut Down by FDIC

Thursday, March 3rd, 2011 | Comments Off

Two more California banks have failed and subsequently are now under new management.

San Luis Trust Bank, based in San Luis Obispo, opened last week as a new branch of First California Bank. San Luis Trust had $333 million in total assets, and First California has $1,7 billion, according to the FDIC. The bank was also mainly focused on investing in real estate. Luckily, the bank has just one office to convert into First California colors.

Twenty-Two California Bankers Certified Through Treasury Risk Training Program

Tuesday, February 15th, 2011 | Comments Off

Edcomm Banker’s Academy has recently certified 22 Treasury Department staff members from a California bank through its Treasury Risk training program. Upon competition of Focus on Treasury Risk, participants gained the knowledge, skills and certification needed to effectively manage treasury risk at their bank.

“Geezer Bandit” Robs Yet Another California Bank

Sunday, February 13th, 2011 | Comments Off

California banks, beware – the Geezer Bandit may strike you with geriatric contempt!

California Bank of Commerce Adds Financing for Dental, Medical Practices

Wednesday, February 9th, 2011 | Comments Off

In order to expand their reach and depth, California Bank of Commerce has created a new group dedicated to Dental and Medical practice financing. The Bank hired Jamie Smith as Senior Vice President and Amy Maguddatu as Professional Services Officer to launch the Bank’s efforts to expand into the dental and medical financing arena, particularly those professionals seeking to acquire or expand their practice.

Major California Bank Asked to Withdraw Sponsorship of 9/11 “Truther”

Monday, February 7th, 2011 | Comments Off

The University of Iowa, which receives $255 million a year from taxpayers, and Bank of the West, a major California bank, are being urged to withdraw sponsorship of a controversial speaker who was condemned last week by the United Nations and the Obama Administration for suggesting the 9/11 terrorist attacks were an “inside job” orchestrated by the U.S. government—a conspiracy theory he has promoted in numerous writings and interviews.

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