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Billionaire banker buys Pacific Capital Bancorp
Written on 29 Apr, 2010 in Daily Briefs | 6 Comments
Billionaire banker Gerald Ford has agreed to buy a 91 percent interest in Pacific Capital Bancorp, the parent company of First Bank of San Luis Obispo and Santa Barbara Bank and Trust, for $500 million. [Rueters] The company plans to... (Continue reading)
Federal action against Coast National Bank
Written on 29 Apr, 2010 in Uncovered SLO | 6 Comments
The Federal Reserve Bank on Thursday announced a regulatory action taken against Coast Bancorp, in a move to maintain financial soundness at the bank, according to the federal order issued in San Francisco. Under a written agreement, the parent company of... (Continue reading)
A bank by any other name
Written on 25 Mar, 2010 in Daily Briefs | 3 Comments
American Principle Bank in San Luis Obispo is planning to change its name to American Perspective Bank in order to avoid litigation by global giant Principal Financial Group. Currently, American Principle Bank officials are waiting for shareholders, expected to meet... (Continue reading)
Federal action against Heritage Oaks Bank
Written on 9 Mar, 2010 in Uncovered SLO | 26 Comments
Federal regulators have banned the parent company of Paso Robles-based Heritage Oaks Bank from paying dividends or incurring debt as part of a written agreement the company and the Federal Reserve Bank of San Francisco signed on Monday. As part of... (Continue reading)
Banker accused of stealing from children
Written on 22 Nov, 2009 in Daily Briefs | 1 Comment
A 40-year-old Heritage Oaks Bank employee admitted to stealing $24,400 from a youth soccer account and transferring the funds to a personal account. [Tribune] The youth soccer group treasurer and bank employee, Douglas Smith, admitted the theft in an e-mail... (Continue reading)
Fraud lawsuit filed against Heritage Oaks Bank and Stewart Title
Written on 15 Jun, 2009 in Uncovered SLO | 1 Comment
By KAREN VELIE Investors have filed a lawsuit alleging Stewart Title and Heritage Oaks Bank (HOB) aided and abetted and/or conspired with Hurst Financial Inc. (HFI) in defrauding hundreds of seniors through illegal investment schemes. The suit filed by more than 300... (Continue reading)
Heritage Oaks Bank versus the investors
Written on 4 Apr, 2009 in Uncovered SLO | 2 Comments
By KAREN VELIE and DANIEL BLACKBURN Heritage Oaks Bank is battling with Estate Financial Inc. and Hurst Financial investors over first place in the quest for financial compensation. Attorneys for the bank are chasing first position in the pursuit for assets of... (Continue reading)
BULLETIN: FBI, local law seeking bandit
Written on 27 Mar, 2009 in Uncovered SLO | 1 Comment
Federal authorities and investigators from San Luis Obispo and Morro Bay police departments are seeking a man dubbed the “Sleeves Bandit” who is suspected of robbing a long list of at least 15 California banks, including several in this county. He’s... (Continue reading)
Sand, sun, bailout bucks for Heritage Oaks Bank officials
Written on 12 Mar, 2009 in Uncovered SLO | 3 Comments
By DANIEL BLACKBURN If members of Heritage Oaks Bank’s board of directors and high ranking officials must kill a little time waiting for the U.S. government to deliver their allotment of $21 million in taxpayer bailout money, they might as well... (Continue reading)
Heritage Oaks Bank files big foreclosures
Written on 17 Jan, 2009 in Uncovered SLO | 1 Comment
By KAREN VELIE and DANIEL BLACKBURN Heritage Oaks Bank has filed foreclosure notices against developer Kelly Gearhart’s Vista Del Hombre project, as well as Karen Guth and Joshua Yaguda’s Pasolivio Olive Ranch. Bank officials did so despite a state move on all... (Continue reading)
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Events- 09/09/2010 - Engelbert Humperdinck at the Chumash Casino
- 09/09/2010 - DELANEY GIBSON | Unplugged at Native Lounge
- 09/09/2010 - Jim Townsend - originals at SLO Down Pub
- 09/09/2010 - Lil’ Art Explorers at the SLO Children's Museum
- 09/08/2010 - TOM HEPNER and GARY GARRETT singer/songwriters at Linnaea's Cafe
- 09/08/2010 - 'The Bill Wingfield Jazz EXPERIMENT' at SLO Down Pub
- 09/08/2010 - Winemaker Wednesdays at Vino Versato
- 09/08/2010 - Bright & Early Wednesday Walking Tours Through San Luis Obispo
- 09/08/2010 - Farmers Market in Arroyo Grande Wednesdays
- 09/07/2010 - Live Karaoke at Mongo's Saloon
- 09/07/2010 - Cuesta Jazz at Linnaea's
- 09/07/2010 - Songwriters Showcase at the Clubhouse at This Old House Restaurant and Bar (SLO)
- 09/07/2010 - Bluesday Tuesday Blues Jam Hosted by Dr. Danger at SLO Down Pub
- 09/07/2010 - Global Gourmet: Chow
- 09/06/2010 - Open Mic Night at Mongo's Saloon
- 09/06/2010 - Open Mic Mondays! at SLO Down Pub
- 09/06/2010 - Solomon Creek Country Western with Line Dancing at SLO Down Pub
- 09/06/2010 - Grover Beach Farmers Market
- 09/06/2010 - Baywood/Los Osos Farmer's Market in Los Osos
- 09/05/2010 - Karaoke Sundays! at MO|TAV Mothers Tavern
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