Tag archives: banking
My column’s Women’s History Month is proud to present Montecito trailblazer Christine Garvey. As a women’s leader in banking and real estate law, Garvey was one of seven women attending Suffolk University Law School in Boston in the late 1960s. That translates to approximately 1.5% of the law students at the time. She was one […]
It was a spectacular start to Yuletide when Montecito Bank & Trust held its 20th annual Community Dividends awards lunch, which normally divides $1 million among myriad local charities. But this year the Hilton event for 300 guests was one with a decided difference as the bank, founded by the late Michael Towbes, awarded a […]
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 […]
What – exactly – is a bank? A bank is a financial institution licensed to receive deposits, make loans, and attach ball point pens to countertops with little chains that are inevitably too short by about an inch. A bank, if it chooses, will also advise on managing your wealth, will exchange your greenbacks for […]
They call it the novel coronavirus. It will have existed for 142 days as of this publication. It’s called a “novel” virus because, while variations have existed before, this one is brand new. It’s unique in that it replicates quickly in asymptomatic people who are stealth carriers, then explodes in the population overwhelmingly, debilitating the […]
