News: Public Companies

News: Public Companies

Publicly Traded Company News, Small Cap and OTC News

News: Public Companies

News: Public Companies
Publicly Traded Company News, Small Cap and OTC News

Bank of Southern California Names Soly Cangarlu Vice President, Branch Manager in West Los Angeles

eNewsChannels NEWS: -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, has named Soly Cangarlu Vice President, Branch Manager. She will be responsible for developing client relationships and expanding the bank's presence in West Los Angeles.
ALTAVERA

Altavera Mortgage Extends Fulfillment Operations to 10 New U.S. States

eNewsChannels NEWS: (DENVER, Colo.) -- Altavera Mortgage Services (Altavera), a Computershare company and leading provider of outsourced residential mortgage origination services, today announced that it has received residential mortgage licensing approval in ten new states, bringing to 36 its total number of state licenses. Altavera's origination services are newly available in Arkansas, Connecticut, Illinois, Iowa, Kansas, Minnesota, Mississippi, Oklahoma, South Carolina and the District of Columbia.
Tony DiVita

Bank of Southern California, NA (BCAL) Promotes Tony DiVita to Chief Banking Officer

eNewsChannels NEWS: (SAN DIEGO, Calif.) -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced that Tony DiVita has been promoted to the role of Executive Vice President, Chief Banking Officer. In his expanded role, he will continue to oversee new business origination and customer retention efforts, the Small Business Administration (SBA) Group, and bank marketing.
Bank of Southern California

Bank of Southern California NA (BCAL) Completes $7M Capital Offering and Announces New Board of Directors

eNewsChannels NEWS: (SAN DIEGO, Calif.) -- Bank of Southern California, N.A. (OTCMKTS:BCAL) announced that it has completed a capital raise of $7 million through a stock purchase agreement of the Bank's common stock with Castle Creek Capital, based in Rancho Santa Fe, California.
Bank of Southern California

Bank of Southern California, N.A. Announces $7 Million Common Stock Capital Offering

eNewsChannels NEWS: (SAN DIEGO, Calif.) -- Bank of Southern California N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced today that it has signed a stock purchase agreement for a private placement of $7 million of the Bank's common stock with Castle Creek Capital, based in Rancho Santa Fe, California. The transaction is anticipated to close in the fourth quarter, subject to regulatory approvals and other standard closing conditions.
Bank of Southern California

Bank of Southern California NA (BCAL) Completes Acquisition of Opus Bank Branch

NEWS (SAN DIEGO, Calif.) -- Bank of Southern California, N.A. (OTC Pink: BCAL) recently announced that it has completed the purchase of the deposits of the La Quinta branch of Opus Bank. The transaction closed on Friday, August 19, 2016. Customers of the Opus Bank La Quinta branch were consolidated into the existing La Quinta branch of Bank of Southern California. As of Monday, August 22, 2016, the former Opus Bank La Quinta customers now have access to all Bank of Southern California locations, including three Coachella Valley branches located in La Quinta, El Paseo-Palm Desert, and Rancho Mirage.
PAVASO

Wells Fargo Bank Approves Hybrid eClosings on Pavaso Digital Close e-Platform

PLANO, Texas -- Pavaso, Inc., a provider of digital process and collaboration solutions for the real estate lifecycle, announced that Wells Fargo has named Pavaso an approved vendor for "hybrid" eClosings. In a hybrid eClosing, select documents are printed and "wet signed," but much of the closing package is executed electronically. Effective immediately, Wells Fargo will accept loans closed on Pavaso's Digital Close(SM) platform using this hybrid process.
Bank of Southern California

Bank of Southern California N.A. Changes its Ticker Symbol to OTC:BCAL for 2016

NEWS: Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), announced today that FINRA has approved a change in the Company's stock symbol. As of Monday, December 21, 2015 the new trading symbol for Bank of Southern California is BCAL. The former symbol, FBBN is no longer valid.

KCLI Shareholder Issues Letter to Kansas City Life Insurance Board of Directors: ‘Go-Private’ Transaction Structured Unfairly

NEWS: On Sept. 9, 2015, Sherow Management, LLC, an outside shareholder, sent a letter addressed to the Kansas City Life Insurance Co (NASDAQ:KCLI) Board Chairman in response to the Company's proposed 'Go-Private' Transaction. Sherow believes the deal is unfair to outside shareholders and should be amended. Excerpts from the letter and a link to a copy follow.

Bank of Southern California N.A. Builds Coachella Valley Advisory Board to Help Increase Local Market Awareness

NEWS: Bank of Southern California, N.A. (OTC:FBBN / OTCMKTS:FBBN) announced the creation of its Coachella Valley Advisory Board. This board is comprised of prominent members of the business community in the Desert Cities region who will help increase the bank's presence and market awareness while providing valuable input to better understand the business needs in the Coachella Valley.

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