Tag: San Diego Business
Bank of Southern California NA Funds More Than $487.8 Million in PPP Loans
SAN DIEGO, Calif., May 11, 2020 (SEND2PRESS NEWSWIRE) -- Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, announced today that it has funded more than $487.8 million in Paycheck Protection Program (PPP) loans. These results, as of 9:30 p.m. PDT on May 7, 2020, provided 1,940 local businesses affected by the Coronavirus (COVID-19) with critical financing to retain or restore jobs for 51,523 individuals.
Bank of Southern California, N.A. Announces Q1 2020 Results and Response to Pandemic
SAN DIEGO, Calif., May 5, 2020 (SEND2PRESS NEWSWIRE) -- Bank of Southern California, N.A. (OTC Pink: BCAL) today reported results for the first quarter ended March 31, 2020. Total assets increased to $852 million at March 31, 2020, up from $830 million in the prior quarter and an increase of 10.8% compared to March 31, 2019.
In-Home Care Company Implements Innovative OversightMD Inc. Solution to Protect Caregivers and Clients During COVID-19 Pandemic
SAN DIEGO, Calif., May 4, 2020 (SEND2PRESS NEWSWIRE) -- ComForCare Home Care North County San Diego, a leading provider of in-home care services, has partnered with OverSightMD Inc., the leader in employee & patient population oversight, to deliver daily employee and patient wellness screenings that can help to detect symptoms of COVID-19 and other communicable disease infections.
Bank of Southern California, NA and CalWest Bancorp, the Holding Company for CalWest Bank, Announce Changes to Merger Agreement
SAN DIEGO and RANCHO SANTA MARGARITA, Calif., April 29, 2020 (SEND2PRESS NEWSWIRE) -- Bank of Southern California, N.A. (OTC Pink: BCAL) and CalWest Bancorp (OTCBB: CALW), today announced that they have renegotiated the terms of their merger and have agreed to amend the initial Definitive Agreement announced on October 21, 2019 following shareholder meetings held on April 22, 2020.
CIENCE Debuts at #31 in The Financial Times Americas’ Fastest Growing Companies 2020
SAN DIEGO, Calif., April 14, 2020 (SEND2PRESS NEWSWIRE) -- The Financial Times announced the inaugural listing of the fastest-growing privately-held companies in the Americas, and lead generation company CIENCE Technologies placed No. 31 out of 500 companies measured.
Nationwide Equities Taps ReverseVision Private Program Support to Launch ‘EquityPower’ Private Reverse Mortgage Program
SAN DIEGO, Calif., April 14, 2020 (SEND2PRESS NEWSWIRE) -- ReverseVision, the leading provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced that Nationwide Equities Corporation (Nationwide Equities) has leveraged ReverseVision's private product support to launch its own private reverse mortgage program, EquityPower.
Magnifi Group Releases COVID-19 Course for Medical Professionals in Hospital Setting
SAN DIEGO, Calif., April 13, 2020 (SEND2PRESS NEWSWIRE) -- Magnifi Group, Inc., a global leader in dynamic online training solutions through its FDA-Compliant Learn-WiseGo eLearning Platform, has released its COVID-19 course at no cost to its global client base and is available for public purchase.
ReverseVision Names Mortgage Technology Veteran Joe Langner President
SAN DIEGO, Calif., March 11, 2020 (SEND2PRESS NEWSWIRE) -- ReverseVision, the leading provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced the appointment of Joe Langner as president. Langner will lead the company to achieve its strategic vision of establishing HECM and private reverse mortgages as lending portfolio staples alongside traditional and government loans.
Lyme Disease Biobank Expands Into San Diego
SAN DIEGO, Calif., March 6, 2020 (SEND2PRESS NEWSWIRE) -- Bay Area Lyme Foundation, a leading sponsor of Lyme disease research in the U.S., announces the opening of the San Diego collection site of the Bay Area Lyme Foundation's Lyme Disease Biobank, which is the first program to provide researchers with blood and urine samples from people with early Lyme disease from multiple endemic regions across the country.
ReverseVision Named 2020 HW Tech100 Mortgage Company for Sixth Year
SAN DIEGO, Calif., March 3, 2020 (SEND2PRESS NEWSWIRE) -- ReverseVision, the leading provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced it has been named a HousingWire (HW) Tech100 Mortgage company for a sixth year.
Leo Hamel Fine Jewelry & Engagement Rings Store Director of Sales, Teri Ramirez Celebrates 26 Years and $50M in Sales
SAN DIEGO, Calif., Feb. 18, 2020 (SEND2PRESS NEWSWIRE) -- This month our Director of Sales, Teri Ramirez, celebrates two major milestones in her career. Not only has she been a valued member of the Leo Hamel Fine Jewelers family for 26 years, but she has also reached the $50 million mark in sales!
Registration Open for The First Ever San Diego Truck Pull to Support Move For Hunger
SAN DIEGO, Calif., Feb. 3, 2020 (SEND2PRESS NEWSWIRE) -- Move For Hunger announced today that registration is open for its first-ever San Diego Truck Pull fundraiser. The event, in which teams of 5-10 will compete to see who can pull an eight ton truck 100 feet in the fastest time, will be held at AleSmith Brewing Company, San Diego, on Saturday, Feb. 29.
Bank of Southern California N.A. Announces Fourth Quarter and Year End 2019 Results
SAN DIEGO, Calif., Jan. 29, 2020 (SEND2PRESS NEWSWIRE) -- Bank of Southern California, N.A. (OTC Pink: BCAL) today reported results for the fourth quarter ended December 31, 2019. Total assets ended the year at $830 million at December 31, 2019, an increase of 8.1% compared to December 2018. Total loans increased 6.6% to $677 million and total deposits increased 7.0% to $672 million compared to the prior year as well.
OptifiNow Leverages ReverseVision API to Streamline Reverse Loan Origination at Open Mortgage
SAN DIEGO, Calif., Jan. 15, 2020 (SEND2PRESS NEWSWIRE) -- ReverseVision, the leading provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, today announced their recently released Loan Import API has been leveraged by OptifiNow for mutual lender client Open Mortgage.
The Mortgage Collaborative Announces Partnership with Mortgage Insurance Provider MGIC
SAN DIEGO, Calif., Jan. 9, 2020 (SEND2PRESS NEWSWIRE) -- The Mortgage Collaborative (TMC), the mortgage industry's only independent cooperative, is pleased to announce it has signed an agreement with Mortgage Guaranty Insurance Company (MGIC) to be the newest addition to join its Preferred Partner Network.
Bank of Southern California, N.A. Completes Capital Offering and Plans to Form Holding Company
SAN DIEGO, Calif., Dec. 16, 2019 (SEND2PRESS NEWSWIRE) -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS: BCAL), a community business bank headquartered in San Diego, announced today the successful completion of a capital raise of approximately $12 million through the issuance of common stock in a private placement to institutional and accredited individual investors at a price of $12 per share. The Bank also announced its plans to reorganize into a holding company, Southern California Bancorp.
Black Knight Joins The Mortgage Collaborative’s Preferred Partner Network
SAN DIEGO, Calif., Dec. 4, 2019 (SEND2PRESS NEWSWIRE) -- The Mortgage Collaborative (TMC), the mortgage industry's only independent cooperative, today announced that Black Knight, Inc. (NYSE:BKI), a leading provider of mortgage software, data and analytics solutions, has been added to its Preferred Partner network.
SciScore’s Innovative Solution – Pre-clinical Research Gets Tech Boost
SAN DIEGO, Calif., Nov. 22, 2019 (SEND2PRESS NEWSWIRE) -- SciScore announces the release of its innovative solution, the first and only working application of its kind, in support of the pre-clinical scientific research community's pursuit of reproducibility and transparency.
Government of Belize Breaks Ground on Corozal-Sarteneja Road
SAN DIEGO, Calif., Nov. 21, 2019 (SEND2PRESS NEWSWIRE) -- As of November 14, 2019, the Government of Belize has officially commenced the construction of the Corozal-Sarteneja Road. The project, funded by the Government of Taiwan with a loan of $50 million, aims to ease travel between the two locations with a 27-mile road, including the Pablo Nuevo and Laguna Seca bridges.
Bank of Southern California NA Names Troy Perry Managing Director, Business Banking
SAN DIEGO, Calif., Nov. 6, 2019 (SEND2PRESS NEWSWIRE) -- Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, is pleased to announce that Troy Perry has joined the company as Managing Director of Business Banking. He will be responsible for broadening Bank of Southern California's market presence by actively seeking new business opportunities throughout Los Angeles' Westside.