2009: Newest Bank Bailout News

Happy New Year's Day! And an even happier new year for some bankers on the central coast.

Curious to know which central coast banks are getting federal "bailout" money? Here's a list, courtesy ProPublica.org:

>> Santa Lucia Bancorp, Atascadero: $4 million.
>> Pacific Capital Bank Santa Barbara, operating First Bank of San Luis Obispo: $188 million.
>> Community West Bancshares, Goleta: $15.6 million.
>> California Oaks State Bank, Thousand Oaks: $3.3 million.
>> Mission Community Bancorp, San Luis Obispo: $5.1 million.

Source material also from: US Department of the Treasury; Bloomberg; Dow Jones; and the companies.

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