Banking & Finance

Visalia bank announces Q4 dividend

Valley Commerce Bancorp, parent company of Valley Business Bank of Visalia, announced an eight-cent cash dividend to its shareholders for the fourth quarter.

Fresno bank declares Q3 dividend

Central Valley Community Bancorp, parent company of Central Valley Community Bank of Fresno, announced a regular quarterly cash dividend of 5 cents per share.

Bank beefs up cyber security as threat rises

In the wake of a high-profile security breach, Fresno’s United Security Bank has adopted tighter security measures in hopes of protecting customers.

Fresno First Bank completes formation of holding company

Fresno First Bank has completed the formation of its holding company, called Communities First Financial Corp.

Fresno SBA lending hits record $310M this year

The U.S. Small Business Administration's Fresno office announced another lending record for fiscal year 2014 — $310 million in approved 7(a) loans to 631 borrowers.

Central Valley Venture Forum Nov. 6

The Lyles Center for Innovation and Entrepreneurship at Fresno State and the Central Valley Fund have joined forces again to host the 9th Central Valley Venture Forum Nov. 6 in Fresno.

EECU to open Tulare branch next June

Education Employees Credit Union will be able to cater more closely to its South Valley members when it opens a new branch in Tulare next June.

Bank of the Sierra's Holly sets retirement date

James Holly (left) is passing the reins of Bank of the Sierra to Kevin McPhaill, who will become president and CEO next year.James C. Holly, a founder and CEO of Sierra Bancorp, parent company of Porterville's Bank of the Sierra, announced plans to retire effective March 31, 2015.

Whitsell to speak at international leadership conference

Rick Whitsell, CEO of Fresno First Bank, has been tapped as a speaker for the 16th Annual International Leadership Association Global Conference.

Sierra Bancorp's Q3 income rises 5 percent

Sierra Bancorp, parent company of Bank of the Sierra, reported income of more than $3.5 million for the third quarter, up 5 percent from the same quarter last year.