Filter on: Idea Vault Regional Pulse News & Press Releases Webinar
(Laurel Sykes) - The media has muddied the waters a bit about whether the SBA has opened its portal for First Draw Loans on January 11 and Second Draw loans January 13 for Community Financial Institutions. Rest assured, the portal is not yet reopened for the majority of PPP lenders, as “Community…
Continue Reading(Idea Vault Blog) - Even if you’re just starting your first real job—actually, especially if you’re just starting your first real job—it’s time to start thinking about retiring. That’s not a comment on how motivated or unmotivated you are, or a suggestion that you should wish your life away. It’s…
Continue Reading(Laurel Sykes) - SBA issued Interim Final Rules on Wednesday, January 6, 2021 to renew the Paycheck Protection Program (PPP) as required by the new Economic Aid to Hard-Hit Small Businesses, Non-Profits, and Venues Act (Economic Aid Act). We don’t yet know when the SBA application portal will reope…
Continue Reading(Idea Vault Blog) - The Coronavirus Aid, Relief, and Economic Security Act (CARES) provides needed assistance to businesses, expansions to unemployment insurance, and direct relief checks to many Americans.
Continue Reading(Regional Pulse Podcast) - Lori Murray, Senior Vice President and Residential Lending Manager at American Riviera Bank and Nancy Hamilton, of Calgano & Hamilton Real Estate Partners in Montecito, discuss the residential real estate market on the Central Coast during the pandemic - from an influx of…
Continue Reading(Paul Abramson) - In past blog posts we have highlighted COVID-related scams that are popping up, including fake websites targeting people ordering masks and sanitizing products. The scarcity of these items caused by the pandemic has significantly increased the number of successful attempts. In add…
Continue Reading(Idea Vault Blog) - When emergencies and unexpected situations strike, it’s important to be prepared and make wise decisions.
Continue Reading(Michelle Martinich) - Santa Barbara, California (October 26, 2020) – American Riviera Bank (OTC Markets: ARBV) announced today unaudited net income of $5,000,000 ($0.99 per share) for the nine months ended September 30, 2020. This represents a 4% increase in net income from the $4,821,000 ($0.96…
Continue Reading(Laurel Sykes) - The SBA began accepting PPP Loan Forgiveness applications on August 10, 2020, and earlier this month, American Riviera Bank was one of the first banks in the nation to begin receiving forgiveness on PPP loans.
Continue Reading(Regional Pulse Podcast) - Dustin Reese, Assistant Vice President, Banking Relationship Officer, sits down with Bettina Swigger of Downtown SLO to talk about their innovative efforts to keep downtown San Luis Obispo vibrant and thriving during the pandemic. As the CEO of Downtown SLO, Bettina leads…
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