Tag archives: Montecito Bank & Trust

MClub Off to Tokyo
By Richard Mineards   |   March 21, 2023

The cultural treasures of Japan also beckon for members of Montecito Bank & Trust’s MClub, a concierge travel club for premier customers. Thirty members gathered at the University Club for a talk with Hiroko Benko, bubbly owner of the Condor Express whale-watching vessel, whose relative is the country’s 13th Grand Tea Master, and club director […]

Twice the Yuletide Spirit
By Richard Mineards   |   December 6, 2022

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 […]

Montecito Bank & Trust
By Lynda Millner   |   August 16, 2022

The Santa Barbara Historical Museum was the venue for another Fiesta party. This time a kickoff for the Montecito Bank & Trust and their loyal customers. They had outgrown their own bank as a party place. I always liked going up to the teller window and withdrawing a margarita instead of dollars. Their motto is […]

Lotusland Tour
By Lynda Millner   |   August 9, 2022

“Time and circumstance permitting, I hopefully dreamt that I might fulfill my work to develop Lotusland to its maximum capacity into the most outstanding center of horticultural significance and educational use.” – Ganna Walska, August 7, 1979  Montecito Bank & Trust’s MClub traveled for a Lunch and Learn day at Lotusland with MClub director Maria […]

Person of the Year Nominations 
By Kelly Mahan Herrick   |   July 12, 2022

Considered one of the highest honors of the year in Santa Barbara County, this year’s Person of the Year Award nominations are in progress, with a deadline scheduled for next Friday, July 15 at 5 pm.  The Santa Barbara Foundation, along with co-sponsors Montecito Bank & Trust, Noozhawk, The Scholarship Foundation of Santa Barbara, Cox […]

Cinema in Flux
By Lynda Millner   |   July 12, 2022

MClub (Montecito Bank & Trust) met at the Santa Barbara Club for a Lunch and Learn, featuring the executive director of the Santa Barbara International Film Festival (SBIFF) Roger Durling. MClub director Maria McCall introduced Roger, who also teaches film at SBCC. For over 30 years the SBIFF has grown to be one of the […]

Hippocrates and Modern Medicine
By Lynda Millner   |   April 26, 2022

The Rape of Hippocrates is a book written by Dr. Roger Dunham, a local retired physician. Montecito Bank & Trust sponsored his appearance at their Lunch and Learn event in April, at the Santa Barbara Club. Maria McCall is the director of that active group of goers and doers. As we sat outside in the […]

MBT Gives Back
By Zach Rosen   |   March 29, 2022

Philanthropy and giving back to the community has been a part of the Montecito Bank & Trust ethos since opening on March 17, 1975. Over the years Montecito Bank & Trust (MBT) has grown from its simple beginnings into a much larger operation, with over 250 associates under its roof. MBT continues to give back […]

Montecito Bank & Trust Reports Record Income
By Kelly Mahan Herrick   |   February 15, 2022

Montecito Bank & Trust reported that total assets grew $398.62 million, an increase of 20.41% during the 12-month period, to $2.35 billion for the year ending 12/31/2021. Strong deposit growth of $401.15 million or 23.15% year-over-year, pushed year-end deposit totals to $2.13 billion. Loan growth declined $143.4 million or 10.88% year-over-year due to Payroll Protection […]

The Transformative Power of Education
By Laura Capps   |   January 18, 2022

“Compassionate, distinguished, and exemplary are three words that embody the many contributions Janet Garufis has made to our community and our university. We are grateful to be able to rely on her wisdom and her commitment to our mission of lifelong learning, social justice, and advancement for individuals, organizations, communities, and society. It is with […]

Paying it Forward
By Richard Mineards   |   December 7, 2021

It was a very in-tents occasion when Montecito Bank & Trust erected a giant marquee in the rotunda at the Hilton for its 17th annual Community Dividends lunch when $1 million was given to 179 worthy organizations from the local community. The late Mike Towbes, founder of the bank, always described the event as his […]

With a Little Bit of Help, Building ‘Solid Foundations’ in the Community
By Zach Rosen   |   August 12, 2021

Owning a business or being self-employed requires a great deal of self-motivation and discipline. Fitness and martial arts demand similar traits, and it was the lessons learned through his own fitness regimen that led Gilbert Regalado II to establish the new nonprofit Solid Foundations, a series of classes that teach young kids life skills and […]

Healing Power of Horses: Montecito Bank & Trust Aids Therapeutic Riding Program
By Zach Rosen   |   May 13, 2021

Nonprofits often have to work closely with banks to help support their growth and launch new initiatives. Like a horse and rider working together, the bank can help the organization get to where it is trying to go.  As part of their ongoing goal to give back to the community, Montecito Bank & Trust (MBT) […]

A Wish Comes True
By Richard Mineards   |   April 15, 2021

Montecito Bank & Trust on Coast Village Road was the focal point when a parade including firefighters, law enforcement, and representatives of the community honored a Make-A-Wish Tri-Counties recipient, Carmelo Bisquera, 16, a student at Santa Barbara’s Olive Grove Charter School. Carmelo, whose hobbies are video games and reading, was born with an endocrine disorder […]

Bankers Gone Good Reframe the Meaning of Cash
By Jeff Wing   |   February 4, 2021

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 […]

Giving Thanks for Giving
By Gwyn Lurie   |   December 3, 2020

There are certain holidays I appreciate less for their historical importance, than for the opportunity they afford us to stop and reflect upon our lives, and to feel gratitude for all we have been given. As well as all we are able to give back. At the risk of retreading well-travelled terrain, I won’t go […]

Stepping Down
By Richard Mineards   |   May 21, 2020

After nearly 40 years of service, Peter Jordano, 85, has retired from the board of directors of Montecito Bank & Trust. Peter is chairman and CEO of Jordano’s, the 105-year-old Santa Barbara grocery distributorship. “He has been an integral part of our growth to today’s nearly $1.8 billion in assets,” says Janet Garufis, the bank’s […]

Cartel Caper
By Richard Mineards   |   December 5, 2019

Santa Barbara author Jeanine Kitchel, who used to live and own a bookstore business in Mexico in the 1990s, has written a very timely new book, Wheels Up – A Novel of Drugs, Cartels and Survival. “Writing non-fiction was good for a travel memoir and my book on the Maya 2012 calendar phenomenon, but when […]

Experience California Missions
By Lynda Millner   |   December 5, 2019

It was truly a once in a lifetime trip! The MClub (Montecito Bank & Trust travel club) was invited by executive director/CEO David Bolton of the California Missions Foundation (CMF) to join him on a special overnight tour to Mission San Antonio de Padua and tours of Mission San Miguel and Mission San Luis Obispo […]

Hidden Treasures
By Lynda Millner   |   October 10, 2019

The MClub (Montecito Bank & Trust’s travel club) gathered on the steps of the Santa Barbara Mission for another Lunch & Learn, this time about the Archive Library. Club director Maria McCall introduced Kathy Kalp, who works at the bank, but has connections at the Mission and was responsible for getting us there. Next came […]