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Filter on: Idea Vault Regional Pulse News & Press Releases Webinar
American Riviera Bank’s Lights, Camera, Save! Local Winner Selected as National Finalist¶
(American Riviera Bank) - American Riviera Bank’s Lights, Camera, Save! local winner, Amelyse Wong of Santa Barbara, has been named a national finalist by the American Bankers Association Foundation. Lights, Camera, Save! is an annual video contest that encourages teens ages 13-18 to produce a shor…
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A Unique Approach to Affordable and Sustainable Eating: Teaching Kids to Cook¶
(Regional Pulse Podcast) - Michelle Martinich, Chief Financial Officer, sits down with Nancy Martz, Executive Director of Apples to Zucchini Cooking School, to learn about her nonprofit initiative to tackle hunger on the Central Coast one child at a time, by providing the tools kids need to prepare…
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SBA Issues New Interim Final Rule Revising PPP Loan Calculation for Self-Employed Individuals¶
(Laurel Sykes) - You may have heard that the Biden administration mandated certain reforms to the PPP eligibility rules. The administration also pushed for a 2-week window where only small businesses with 20 or less employees will be approved by the SBA through March 9, 2021. In response to the man…
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Reducing Your Food Bill¶
(Idea Vault Blog) - Buying food is essential, of course, but if you’re not careful, it can also eat into your budget.
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65% of PPP Funds Remain as of February 7¶
(Laurel Sykes) - We wrote previously about delays in approvals on new PPP loans as a result of the new compliance checks put in place by the SBA to prevent against potential fraud. Just yesterday, the SBA announced a lender training to cover updates to their new Procedural Notice on revised PPP pla…
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Cost vs. Quality¶
(Idea Vault Blog) - Whether you’re standing in front of a shelf at the grocery store, shopping online, or even walking around a car dealership, you may wonder: Do I go for the “nicer,” more expensive option or choose the cheaper one to save some money? At the end of the day, what you’re really deba…
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Unemployment, Education and Small Business: A Look at the Local Economy with Peter Rupert¶
(Regional Pulse Podcast) - Michelle Martinich, Executive Vice President and Chief Financial Officer at American Riviera Bank sits down with Peter Rupert, Professor of Economics at the University of California at Santa Barbara to discuss the economy on the Central Coast, including the pandemic's imp…
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Finding Funds in an Emergency¶
(Idea Vault Blog) - If you find yourself facing an emergency that you’re financially under-prepared for, the prospect of what to do next may feel overwhelming. Don’t panic. There are things you can do to get through this crisis.
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American Riviera Bank Reports Record Earnings and Growth¶
(Michelle Martinich) - American Riviera Bank (OTC Markets: ARBV) announced today record unaudited net income of $7,378,000 ($1.45 per share) for the twelve months ended December 31, 2020. This represents a 15% increase in net income from the $6,393,000 ($1.27 per share) for the same reporting perio…
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PPP Loans being approved at a Slower Pace in 2021¶
(Laurel Sykes) - While the need has certainly been no less urgent as small businesses continue to battle stay-at-home orders and local orders for modified operations in accordance with state mandates, the speed at which this latest appropriation of Paycheck Protection Program (PPP) loan funding is…
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