Tag archives: American Riviera Bank
On a lark, Michael and Gabriella Salsbury walked into Madame Rosinka’s fortune-telling shopfront on Stearns Wharf in Santa Barbara. Rudderless and adrift on the open ocean of unspeakable parental sorrow, the couple were emphatically not looking to Madame Rosinka for the answers that had otherwise so eluded them. The Salsburys were not seekers after the […]
American Riviera Bank in the Upper Village was socially gridlocked when Walk Montecito hosted a sunset soirée for 50 supporters with wine donated by Doug Margerum and food from Rincon Catering. The sole-searching three-year project that is costing around $2,504,000 to complete the eight-and-a-half-mile neighborhood trail, has already raised $1,400,332 with two miles finished. It […]
Casa del Herrero has had an extra treat during their tours the last couple of months: They have opened the servants’ quarters to the public for the first time. The reason is an exhibit of internationally celebrated California artist, the late Channing Peake. The show takes place in the three servants’ rooms. Carrie and George […]
American Riviera Bank announced earlier this week unaudited net income of $11,829,000 for the 12 months ending December 31, 2021. This represents a 60% increase in net income from the $7,378,000 earned in the same reporting period in the prior year. In 2021, the bank achieved an annualized return on average assets of 1.04% and […]
Sometimes it takes a global pandemic to highlight the crucial role that community banks play in rescuing local businesses from the economic nightmare that comes with a year-long statewide shutdown. For American Riviera Bank (ARB), which opened in 2006 thanks to about 400 local shareholders who put up roughly $25 million in start-up cash, the […]
American Riviera Bank has announced that Jason Kaufman has been promoted to the position of service manager at the bank’s Montecito branch. Kaufman has been with American Riviera Bank since October 2016. He previously served as the Client Relationship manager and as a Financial Services representative for the bank at the downtown Santa Barbara office. […]
