Banking & Finance

Councilmembers welcome lending firm to Fresno

Fresno City Councilmembers Steve Brandau and Blong Xiong welcomed the new office of All Western Mortgage today following the company's recent merger with 1st Continental Mortgage(Starrr).

Hanford workshop targets auto loan abuses

A Hanford workshop this Saturday is aimed at low-income residents who have issues related to auto loans.

Premier Valley Bank announces cash dividend

Premier Valley Bank of Fresno announced a quarterly cash dividend of seven cents to be paid to shareholders around Jan. 10.

United Security Bank announces stock dividend

United Security Bancshares, parent company of United Security Bank in Fresno, announced a 4th quarter stock dividend of one percent.

Bank of the Sierra names new president

Sierra Bancorp, parent company of Bank of the Sierra in Porterville named Kevin J. McPhaill as president and chief operating officer effective Jan. 1.

Healthy ratings for Valley banks in Q3

A handful of bank in the San Joaquin Valley made the grade during the third quarter according to a recent evaluation by bank rating and research firm Bauer Financial.

High bond rating leaves Sanger's past behind

The City of Sanger received an A+ rating for its municipal water upgrade bond, a turnaround for a city that once struggled to attract investors.

Credit unions fighting to protect tax-exempt status

The Credit Union National Association has launched a campaign called “Don’t Tax my Credit Union” to advocate for credit unions to remain exempt from federal income taxes.With tax reform on the Congressional agenda, an old idea has been floated once again to cut the federal income tax exemption afforded to credit unions.

Investment boosts Fresno First Bank SBA loans

In a market once dominated by Premier Valley Bank, the competition for Small Business Administration-backed loans among local community banks has tightened, as Fresno First Bank took the top spot for the 2013 fiscal year.

Fresno bank announces cash dividend

Central Valley Community BankCentral Valley Community Bancorp declared a quarterly dividend on Thursday of 5 cents per share of common stock.