SANTA ANA, CA (June 4, 2013) – On 6/4/13 at approximately 9:40 am, a male suspect entered US Bank, located at 2740 N. Grand, armed with a black semi-automatic handgun. The suspect had his face concealed with a hoodie and mask and ordered all the customers to get on the ground face first. The suspect then ordered the bank employees to put money in a bag. The customers and bank employees complied with the suspect’s commands before the suspect fled out of the bank north on foot with an undisclosed amount of money. The suspect then met up with another suspect, acting as a lookout, and they both fled on foot west into an adjacent apartment complex. Witnesses reported the suspects’ actions and investigating officers located two separate areas where they dropped money. The money was recovered, however, the suspects avoided capture. Continue reading
LONG-TIME F&M COMMUNITY ADVOCATES NAMED ‘MAN AND WOMAN OF THE YEAR’ BY YWCA OF NORTH ORANGE COUNTY
FULLERTON, Calif., Feb. 8, 2013 – Farmers & Merchants Bank (F&M) is pleased to announce that senior vice president and regional manager Scott Dowds and his wife Jane were named the 2013 Man and Woman of the Year by the YWCA of North Orange County.
“Scott has demonstrated tremendous leadership that extends beyond his role as an officer with Farmers & Merchants Bank and into the local community,” said W. Henry Walker, president of F&M Bank. “I am proud of Scott and Jane’s philanthropic investment, as it reflects the values of service and integrity that F&M Bank was founded on.” Continue reading
How did Private Bankers come to ensnare the entire world in a system of debt via the U.S. Federal Reserve, The B.I.S., I.M.F. and the World Bank?
Come watch a free screening of Zeitgeist Addendum (Zeitgeist 2) this Saturday Dec.8 @ 5 p.m. in the Santora Building, located at 207 N. Broadway. Santa Ana Artists Village. Q and A to follow at 6:30.
By Year End, Wholesale Mortgage Banker Expects Over $2 Billion in Fundings, Since Opening in 2010.
Santa Ana, CA (PRWEB) November 19, 2012
ClearVision Funding (CVF), a leading wholesale mortgage banker specializing in Conventional and FHA loans, announced today its relocation to larger headquarters in Santa Ana. The new location at 3 MacArthur Place comes on the heels of a period of steady, profitable growth and quality services. All departments including, marketing, pricing, loan approvals and fundings for broker partners will be handled at the new Santa Ana location. Continue reading
PacTrust Bank is celebrating a grand opening in Tustin on July 19. Local resident Laura Araluce, Tustin’s branch manager and the bank’s CEO Gregory Mitchell will be available to discuss the local impact of community banking. There will also be various city officials and commerce dignitaries attending the event.
PacTrust Bank recently merged with Beach Business Bank. The Tustin branch is opening on the heels of two other branch openings in Century City and Santa Monica as part of PacTrust’s expansion efforts. More people are turning to community banking in lieu of big banks’ hidden fees and poor customer service, which makes this a great time for PacTrust, a local bank that commits to and is involved in the community, to open a branch in Tustin – not far from Santa Ana. Continue reading
FOR IMMEDIATE RELEASE
Media: Reginald Durant, Director of Restoration, Back To Natives Restoration, (949) 335-8655
More than 100 volunteers will gather tomorrow to plant 160 trees in honor of Earth Day and to mark Wells Fargo’s 160th anniversary
Santa Ana, Calif. (April 20, 2012) – Back to Natives Restoration today announced a $10,000 donation from Wells Fargo in support of the nonprofit’s efforts to preserve and restore Orange County and California’s wild lands through local education and restoration projects. The grant will be celebrated with the planting of 160 trees at Santiago Park in Santa Ana, Calif., in honor Earth Day and Wells Fargo’s milestone anniversary of 160 years of helping customers succeed financially and communities thrive. More than 100 Wells Fargo team members who are active members of the company’s local Volunteer Chapter, their friends and family, will participate in the effort. Continue reading
Congresswoman Loretta Sanchez, Representing California’s 47th Congressional District
PRESS RELEASE, FOR IMMEDIATE RELEASE: November 30, 2011
MEDIA CONTACT: Adrienne Watson, 202-309-0825
REP. SANCHEZ RESPONDS TO REPORTS THAT BANKS HAVE ILLEGALLY FORECLOSED ON NEARLY 5,000 SERVICE MEMBERS
WASHINGTON, D.C. – Congresswoman Loretta Sanchez (CA-47), senior member of the House Armed Services Committee, released the following statement in response to news that several banks may have foreclosed illegally on the homes of thousands of active-duty military members currently fighting in Iraq and Afghanistan. Data recently released by the Office of the Comptroller of the Currency indicates that nearly 5,000 military members may have been improperly foreclosed upon. Continue reading
“Just under 200 feisty protesters with Occupy Orange County marched Santa Ana streets this afternoon, chanted anti-corporate slogans and won supportive horn honks from hundreds of passing motorists,” according to the O.C. Weekly.
Support Occupy Orange County CA is going to occupy Orange on Saturday, Oct. 8, beginning at 12:00 noon and ongoing through the afternoon.
They ask that you wear comfortable shoes and if you want to bring a sign, keep them tasteful. They have four signs of their first official flyer for protesters to use and 400 flyers to pass out. Continue reading
Financial Planning Association® – Orange County Chapter Partners with Brandman University in Irvine to Present Orange County Financial Planning Day” Saturday, October 8, 2011, 10:00 am – 4:00 pm
The Financial Planning Association® of Orange County in partnership with Brandman University will offer a free day of financial planning. Orange County Financial Planning Day will provide Irvine and surrounding Orange County residents with free financial planning advice from professional financial planners. The event will be two-pronged: Continue reading
Santa Ana Mayor Miguel Pulido has served on the Board of Directors of the Fullerton Community Bank for many years. He told me last year how proud he was of their long record of success. Fullerton Community Bank has made money while other banks have lost money.
Just consider what happened to the Santa Ana Business Bank, which was founded by Alfredo Amezcua, a criminal defense lawyer who ran unsuccessfully against Pulido last year. Amezcua ended up selling the bank at a huge loss to their investors. He sold the bank for six million, and investors only got about six dollars a share. The investors initially put in about ten dollars a share, and it bottomed out at $3.50 a share.
Fullerton Community Bank’s mother company, RMG Capital Corporation, on the other hand, has been sold for $50 million dollars – a substantial profit to Opus Bank. “The boards of directors for Opus and RMG have approved the transaction, which values RMG common stock at $17.47 a share,” according to the O.C. Register.
I reviewed RMG’s stock, and found that it has jumped to a high of $16.65, according to Businessweek, after averaging about $5 for quite awhile. The RMG investors are going to make out quite well in the sale of their bank.
The news gets even better as “Additionally, concurrent with the close of the transaction, the Opus Community Foundation intends to award grants to local non-profit organizations in the communities served by Fullerton Community Bank,” according to an RMG press release.
In related news, the Voice of OC blog once again proved to be anything but objective, with a ridiculous post that fails to mention that Fullerton Community Bank sold at a profit and that their non-profits are going to be supported by their new owner. Once again the Voice of OC has proved to be just another blog with a chip on their shoulders, not a legitimate news site.
Pan American Bank is opening kids’ bank accounts with no minimum balance, no monthly fee and they’ll even throw in the first five dollars.
Check out the flyer above for more details. Their goal is to ensure that every child in Santa Ana has a savings account and is on the path to asset building.
This program is open to non-citizens.
Pan American Bank is located at 1107 North Main St., in Downtown Santa Ana. Call 714-558-3333. Click here to friend Pan American Bank on Facebook.
The Federal Reserve Bank is partnering with OCHOPC for the Recovery After Foreclosure Workshop for Housing Counselors, Housing Professionals and Community Organization
Learn about the free local resources that can assist homeowners who have lost or are at-risk of losing their homes to foreclosure get back on track to economic recovery. Representatives from various agencies will discuss their services and the referral process for helping clients with emotional, financial and housing recovery. This workshop is designed to bring together the range of organizations that are interested in ensuring that atrisk homeowners get legitimate assistance and counselors are aware of.
WHEN: 8:30am to 12pm, January 21, 2011
WHERE: Rancho Santiago Community College Bldg.
2323 N. Broadway, Santa Ana, 92706
RSVP: Via Email to OCHOPC@gmail.com
REGISTRATION: 8:30 AM
WORKSHOP: 9:00 AM—12PM
- Housing Counselors,
- Housing Professionals
- and Community & Faith Based Organizations
RSVP via Email: OCHOPC@gmail.com
Or visit: www.oc.myhousingforall.org for more Information!
WORKSHOP INCLUDES FREE CONTINENTAL BREAKFAST!
THIS WORK SHOP IS GEARED TO PROVIDE RESOURCES FOR COUNSELORS AND SERVICE PROVIDE RS, NOT AC TUAL CLIENTS WHO NEED HELP!
Workshop Topics Include:
- 211 Resources and Referrals
- Emotional Recovery & Counseling Resources
- Credit Rebuilding & Surviving Unemployment
- Workforce & Job Opportunities
- Housing Resources
- Hardest Hit Fund & How to Access
Click here to see the event flyer.
Santa Ana mayoral candidate Alfredo Amezcua has been complaining endlessly about job creation and the state of the economy here in Santa Ana. But how did Amezcua fare when he became accountable for millions of investor dollars, when he started the Santa Ana Business Bank?
Take a look at the chart above. It would appear that Amezcua’s shareholders lost close to half of their investment. Grandpointe Capital paid them $5.96 in cash per share, according to a press release dated June 18. Their shares were initially valued at $9.75 when the Santa Ana Business Bank first opened for business.
The same hubris that led Amezcua to believe that he and a Board of Directors with ZERO experience in banking could succeed in that industry now applies to his mayoral race. He says he can do the job, but can he? Will he run the City of Santa Ana the way he ran his bank?
I criticized Amezcua and his bank when they opened. I said it was bad timing and I was right. Here is what I wrote:
What gives? Are these people really that confident that they can pull the wool over everyone’s eyes? Or are they prototypical dumb criminals who will eventually get caught red-handed? Who knows? But we do know this – right now is a bad time to be in the banking business.
Amezcua approached me after I wrote that and said that I was welcome to write about him and his family, but I should never write about his bank. I later got a letter from his lawyer.
But I was right. And now Amezcua and his shareholders have apparently lost a ton of cash.
Think back to who he selected to serve on his board. Carlos Bustamante and his twin brother. Mike Metzler. Victoria Betancourt. What made Amezcua think that bunch would succeed in operating a bank? Ironically I hear that these same former board members are now very peeved with Amezcua. Apparently they blame him for the bank’s fortunes.
One politician who wanted nothing to do with Amezcua’s bank was Santa Ana Mayor Miguel Pulido. He didn’t stand in Amezcua’s way, but he said no thanks. Pulido serves on the board of the Fullerton Community Bank – a very successful bank. They even made money last year, during the recession.
When you compare how Pulido and his bank have fared over the years to what Amezcua and his pals did to the Santa Ana Business Bank, the contrast is stunning.
Pulido is working hard with our City Council to pull our city out of the current economic doldrums. They have been able to attract a lot of new development, which means jobs and investment in our city. Amezcua? He is opposed to most of that development and is in league with the same Usual Suspects who are suing the City of Santa Ana because one of those projects includes affordable housing.
Go ahead and vote for Amezcua if you want to, but his record in business isn’t good. Why anyone expects that to change if he becomes our next Mayor is a real mystery.
OC Business Lending Forum Monday, June 7th, 2010 8am – 11am and 11am – 12pm
Resource Booth Expo Located at Chapman University Beckman Hall, Room 404 Limited Space. Please RSVP with Maria Monter by phone (714) 953-4289 or email email@example.com.
Please join us for a FREE Forum and Panel Discussion for Orange County small businesses, commercial lenders, and regulators to discuss the challenges that many business owners face in qualifying for new or additional credit to help grow their businesses. Refer to the attached FLYER for additional information.