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American Riviera Bancorp Announces Results for the Second Quarter of 2023¶
(Michelle Martinich) - Santa Barbara, California (July 27, 2023) – American Riviera Bancorp (“Company”) (OTCQX: ARBV), holding company of American Riviera Bank (“Bank”), announced today unaudited net income of $5.7 million ($0.98 per share) for the six months ended June 30, 2023, consistent with th…
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ARB Receives an "Outstanding" Rating in Most Recent CRA Evaluation¶
(American Riviera Bank) - SANTA BARBARA—American Riviera Bank (ARBV) received a rating of “Outstanding” from the Federal Deposit Insurance Corporation (FDIC) in its most recent Community Reinvestment Act (CRA) Performance Evaluation, which covers the time period from January 2020 to April 2023.
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New Home Buying Grant for Middle-Income Households and other Homebuying Tips¶
(American Riviera Bank) - Buying a home on the Central Coast can be difficult with affordability continuing to shrink as home values climb and rates remain at higher than pre-pandemic levels and this National Homeownership Month, we have some solutions and tips to help simplify the home buying proc…
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American Riviera Bancorp Announces Changes to Board Leadership¶
(Michelle Martinich) - American Riviera Bancorp (“Company”) (OTCQX: ARBV), holding company of American Riviera Bank (“Bank”), recently announced changes in its Board leadership associated with normal succession planning. The changes were approved by the Board following the Company’s annual shareho…
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Tips to Take the Stress out of Travel¶
(American Riviera Bank) - Summer is officially here, and many of us have some which means you may have travel planned. Please read our 5 helpful tips to help take the stress out of travel. Vacations are meant to be relaxing, but under planning and overspending can lead to financial stressors. Consi…
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Preventing Elder Financial Abuse¶
(American Riviera Bank) - As we discussed in our last post, elder financial abuse robs older Americans of billions of dollars in money, property and other assets every year. As those safeguarding their customers’ finances, community bankers are key watchdogs for monitoring and preventing this abuse.
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Elder Financial Exploitation a Growing Concern as Losses Reported to Have Grown 84% Over 2021¶
(American Riviera Bank) - Elder abuse is an issue that poses a significant and detrimental threat to the well-being of older individuals. It’s a pervasive problem according to the Department of Justice, with at least 10% of adults aged 65 and older experiencing some form of abuse within a given yea…
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UCSB Economic Forecast 2023 Recap¶
(American Riviera Bank) - Hundreds of community members, business leaders, and stakeholders gathered at the Granada Theatre this week to hear from leading economists about the state of the economy and a forecast of what’s to come.
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Impacting the Central Coast: A Corporate Giving Spotlight¶
(American Riviera Bank) - American Riviera Bank is proud to be able to support so many deserving organizations along the central coast. This month we want to highlight some of the nonprofit events we sponsored and share their organizations' missions.
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Meet Dr. Cholawsky, American Riviera Bank Board Member and Community Champion¶
(American Riviera Bank) - Dr. Elizabeth Cholawsky joined American Riviera Bank as a board member in 2019. Dr. Cholawsky earned her PhD in Political Science with a focus on Econometrics from the University of Minnesota, as well as a BA (Phi Beta Kappa, cum laude) from Franklin & Marshall College. Cu…
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