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The Carlyle Group Acquires Wholesale Trading Co-op and Rebrands Firm as Wholesale Trading Insurance Services
SAN FRANCISCO, Calif. /California Newswire/ -- Wholesale Trading Co-op Insurance Services, a privately-held wholesale insurance specialist serving a group of leading retail insurance brokers, announced today that The Carlyle Group (NASDAQ:CG) has agreed to acquire a majority stake in wholesale insurance broker JenCap Holdings, LLC and the assets of Wholesale Trading Co-Op Insurance Services, which will be re-named Wholesale Trading Insurance Services, LLC.
SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced the promotion of Marie Crivello and Debbie Marshall to Senior Vice President. Ms. Crivello joined Bank of Southern California in 2012 as Vice President, Client Relationship Manager. She has over 16 years of banking and client relationship management experience. Ms. Marshall joined the bank in 2011 as Vice President, Deposit Operations, bringing over 30 years of banking, compliance, and risk management experience to the bank.
SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), announced today that FINRA has approved a change in the Company's stock symbol. As of Monday, December 21, 2015 the new trading symbol for Bank of Southern California is BCAL. The former symbol, FBBN is no longer valid.
SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, N.A. (OTCQB:FBBN / OTCMKTS:FBBN) has announced the promotion of Rhonda Guthrie to the position of Senior Vice President, Loan Administration. With over 20 years in Loan Administration, Guthrie joined the Company in 2013 as Loan Administration Manager responsible for all functions related to loan processing, documentation, compliance and loan servicing.
SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, N.A. (OTCQB:FBBN / OTCMKTS:FBBN) welcomes Tom Welch as Senior Vice President, SBA Department Manager and Tammy DeWitt as Vice President, SBA Loan Underwriting Manager to its seasoned team of Southern California bankers. Both Mr. Welch and Ms. Dewitt have been in the banking industry for 37 years and both have over 27 years of SBA and conventional lending and relationship management experience.
Bank of Southern California N.A. Announces Coachella Valley Advisory Board to Help Increase Presence and Market Awareness
PALM DESERT, Calif. /California Newswire/ -- Bank of Southern California, N.A. (OTC:FBBN / OTCMKTS:FBBN) announced the creation of its Coachella Valley Advisory Board. This board is comprised of prominent members of the business community in the Desert Cities region who will help increase the bank's presence and market awareness while providing valuable input to better understand the business needs in the Coachella Valley.
Bank of Southern California, N.A. Raises $7.2 Million in Capital to Fuel Organic and Acquisition Related Growth
SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, N.A. (OTCMKTS:FBBN) (the 'Bank') announced today that it completed a private placement of approximately $7.2 million of its common stock, positioning the Company to grow its Southern California Franchise.
PALM DESERT, Calif. /California Newswire/ -- Bank of Southern California (FBBN / OTCMKTS:FBBN) today announced that Irwin Golds, long time Coachella Valley banking and business executive has been appointed to the company's board of directors. In December 2010, the bank acquired the La Quinta and Palm Springs branches from Palm Desert National Bank as its entry into the Coachella Valley which the bank sees as a key Southern California market.
Integrated Comfort, Inc. has completed DualCool installations on 12 more Walmart stores in Northern and Central California
VACAVILLE, Calif. /California Newswire/ -- Integrated Comfort, Inc. has completed DualCool installations on 12 more Walmart Stores (NYSE: WMT) in Northern and Central California. DualCool is a retrofittable system that significantly improves the efficiency of rooftop cooling units (RTU's) in dry climates.
Interthinx White Paper 'A Proven Approach to Stress Testing' on Retail Loan Portfolios Offers Best Practices for Lenders
AGOURA HILLS, Calif. /California Newswire/ -- The Predictive Analytics Group at Interthinx, a Verisk Analytics (NASDAQ:VRSK) subsidiary, announced today the availability of a white paper outlining its recommendations for conducting stress testing on retail lending portfolios: 'A Proven Approach to Stress Testing Consumer Loan Portfolios.'
FREMONT, Calif. /California Newswire/ -- TeamF1, Inc. (www.TeamF1.com), the high-performance embedded networking and security software company, and Cavium Networks (NASDAQ: CAVM), a leading provider...
FREMONT, Calif. /California Newswire/ -- TeamF1, Inc., the leader in embedded networking and security software, today announced that it had expanded its partnership with...
Banking Veteran Marshall V. Laitsch Joins Board of 1st Pacific Bancorp and 1st Pacific Bank of California
SAN DIEGO, Calif. /California Newswire/ -- 1st Pacific Bancorp (NASDAQ: FPBN), the parent of 1st Pacific Bank of California, announced today the appointment of...
LOS ANGELES, Calif. -- EV Transportation, Inc. (OTC:EVTP / EVTP.OB), owner of EV Rental Cars, LLC, today announced it is taking delivery of new...
SAN DIEGO, Calif. -- 1st Pacific Bancorp (NASDAQ: FPBN) announced today that Frank J. Mercardante, a member of the board of directors of 1st Pacific Bancorp since July 2007, resigned from the Company's board. Prior to his appointment as a director of 1st Pacific Bancorp, Mr. Mercardante was Chairman and CEO of Placer Sierra Bank and previously was President and Chief Executive Officer of Southwest Community Bancorp since 1998.
YUBA CITY, Calif. -- Prime Companies, Inc. (OTC: PRMC / PRMC.pk) announces that it has executed an agreement and has consummated the purchase of certain strategic assets from Mount Logic, LLC, including Mount Logic's Manufacturing Patents of ergonomic arms and mounts.