Bank of Southern California NA Promotes Tony DiVita to Chief Operating Officer

SAN DIEGO, Calif. /ScoopCloud/ — Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, has named Tony DiVita Executive Vice President, Chief Operating Officer. Mr. DiVita joined Bank of Southern California in 2011 and most recently held the position of Executive Vice President, Chief Banking Officer.

Bank of Southern California NA Appoints Gaylin Anderson to Chief Banking Officer

SAN DIEGO, Calif. /ScoopCloud/ — Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, has appointed Gaylin Anderson Executive Vice President, Chief Banking Officer. Mr. Anderson previously served as Executive Vice President, Market Executive, and was responsible for the bank’s growth within the newly added Los Angeles and Orange County markets.

Keep Our Seniors Safe Act Passes Senate Committee – Portantino’s SB 172

SAN DIEGO, Calif. /ScoopCloud/ — Consumer Advocates for RCFE Reform (CARR) announces its collaboration and partnership with California State Senator Anthony Portantino (D, SD 25) in the drafting of Senate Bill 172 Firearms, enhancing safe storage protections for the two most vulnerable populations in our society: the elderly and children.

Legacy Global Development Announces Launch of The Paradise Retirement Plan at Orchid Bay, Belize

SAN DIEGO, Calif. /ScoopCloud/ — Legacy Global Development today announced the launch of the Paradise Retirement Plan at its prestigious Orchid Bay, Belize property. As many North Americans are purchasing vacation homes prior to retirement, then choosing to live in their vacation home full-time after they retire, the Paradise Retirement Plan is a home ownership program customized to cater to this growing real estate trend.

Bank of Southern California NA Extends Loan Facility to NTC Foundation

SAN DIEGO, Calif. /ScoopCloud/ — Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCA), a community business bank headquartered in San Diego, Calif., announced today that it has extended a loan facility to the NTC Foundation, a San Diego-based non-profit organization focused on creating a destination for arts and culture at the former Naval Training Center in San Diego.

Bank of Southern California NA Appoints Ashley Lopez as Branch Managing Director

SAN DIEGO, Calif. /ScoopCloud/ — Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, has announced the appointment of Ashley Lopez as Branch Managing Director for the company’s Carlsbad office. She will be responsible for expanding Bank of Southern California’s market presence by actively seeking new business banking relationships with a focus on San Diego’s North County communities.

Legacy Global Development Announces Launch of Bungalow Homes at Orchid Bay, Belize

SAN DIEGO, Calif. /ScoopCloud/ — Legacy Global Development today announced the launch of new Bungalows at its luxurious Orchid Bay, Belize property. Their Bungalows make owning a home in Belize accessible to a wider pool of potential buyers, as they offer the same quality as Orchid Bay’s other homes at an incredible value. Additionally, Legacy is offering a financing option to the first six families who purchase a Bungalow, through its first-ever Paradise Payment Program.

MCT’s CMO Ian Miller Designated a 2019 ‘Top 40 Most Influential Mortgage Professionals Under 40’ by NMP Magazine

SAN DIEGO, Calif. /ScoopCloud/ — Mortgage Capital Trading, Inc. (MCT) a leading mortgage hedge advisory and secondary marketing software firm, announced that its Chief Marketing Officer, Ian Miller, was recognized by National Mortgage Professional Magazine’s (NMP) for his industry accomplishments, landing him on the 2019 ‘Top 40 Most Influential Mortgage Professionals Under 40’ list.

Bank of Southern California NA Continues to Expand Its Business Development Team in Greater Los Angeles Area

SAN DIEGO, Calif. /ScoopCloud/ — Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, is pleased to announce the expansion of its business development team in the Los Angeles market with the hiring of two seasoned banking professionals to support the company’s continued growth and expansion in the Southern California region.

Mortgage Capital Trading Scores High Marks in Overall Satisfaction, Lender Loyalty, and Functionality Effectiveness According to Recent Study by STRATMOR Group

SAN DIEGO, Calif. /ScoopCloud/ — Mortgage Capital Trading (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that the 2018 STRATMOR Technology Insight Study rated MCT as the leader in overall satisfaction, lender loyalty, and functionality effectiveness in the production pipeline hedging industry, according to survey respondents.

Bank of Southern California Announces Fourth Quarter and Year End 2018 Financial Results

SAN DIEGO, Calif. /ScoopCloud/ — Bank of Southern California, N.A. (OTC Pink: BCAL) announced quarterly net income of $2.0 million for the fourth quarter of 2018, compared to $875 thousand in the third quarter of 2018 and $1.1 million for the fourth quarter of 2017. For the year ended December 31, 2018, net income was $5.3 million compared to $4.0 million for the year ended December 31, 2017.

Bank of Southern California N.A. Names Scott Yates Regional Managing Director

SAN DIEGO, Calif. /ScoopCloud/ — Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, has expanded its business development team with the appointment of Scott Yates as Group Managing Director of Branch Sales and Deposit Origination. He will be responsible for leading the branch banking group in their efforts to grow the bank’s core deposits, deepening existing client relationships and originating new client relationships.

Legacy Global Development Announces Phase 2 Expansion of Orchid Bay, Belize Beachfront Condos

SAN DIEGO, Calif. /ScoopCloud/ — Legacy Global Development today announced the launch of its Phase 2 expansion for its Orchid Bay, Belize property. Phase 2 will include the construction of Tower-C, which will feature six ultra-luxurious Beachfront Condominiums. Architecture is being done by Zurcher Arquitectos, with interior design being handled by its sister company, Zurcher Interiors.

Bank of Southern California NA Appoints John E. Chung as Group Managing Director

SAN DIEGO, Calif. /ScoopCloud/ — Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, has announced the appointment of John Chung as Group Managing Director of Business Banking. He will be responsible for leading the team’s impact of meeting the banking needs of small to medium sized businesses throughout Southern California.

Bank of Southern California, N.A. Names Bill Lamison Vice President, Underwriter

SAN DIEGO, Calif. /ScoopCloud/ — Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, has announced the appointment of Bill Lamison as Vice President, Underwriter. He will join the company’s established business banking team and will be responsible for structuring, analyzing and underwriting commercial credit for new clients as well as managing an existing portfolio of customers.

Bank of Southern California, N.A. Names Joshua Mello Managing Director in San Diego

SAN DIEGO, Calif. /ScoopCloud/ — Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, has announced the appointment of Joshua Mello as Managing Director. He will be responsible for developing and managing a portfolio of commercial clients in the greater San Diego region.

CARR Welcomes New Board Member, Ms. Susan Valoff

SAN DIEGO, Calif. /ScoopCloud/ — Consumer Advocates for RCFE Reform (CARR) is pleased to welcome Ms. Susan Valoff as its newest member of the Board of Directors. Ms. Valoff was installed in this role at the organization’s last board meeting on 14 November 2018.

Bank of Southern California NA Hires Juliana Rowland as Managing Director in Orange County

SAN DIEGO, Calif. /ScoopCloud/ — Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), a community business bank headquartered in San Diego, has announced the appointment of Juliana Rowland as Managing Director in Orange County. She will be responsible for cultivating new client relationships for the Bank with a focus on Orange County’s business community.

Magnifi Group, Inc. Joins WYSE Travel Confederation

SAN DIEGO, Calif. /ScoopCloud/ — Magnifi Group, a leading provider of educational technology solutions, has joined membership of the WYSE Travel Confederation. WYSE Travel Confederation is a world-renowned not-for-profit organization serving the youth, student, and education travel industry. WYSE membership enables Magnifi to serve the Student and Youth Travel Industry with its state-of-the-art eLearning platform, Learn-WiseGo.

Bank of Southern California, NA Announces Third Quarter 2018 Financial Results (OTC:BCAL)

SAN DIEGO, Calif. /ScoopCloud/ — Bank of Southern California, N.A. (OTC Pink: BCAL) announced quarterly net income of $874,988 for the third quarter of 2018, compared to $1,088,043 for the third quarter of 2017. For the nine months ended September 30, 2018, net income was $3,253,441, compared to $2,830,295 for the nine months ended September 30, 2017. Results for the quarter and nine months ended Sept. 30, 2018, include approximately $1.2 million and $1.6 million, respectively, in expenses related to the acquisition of Americas United Bank (OTC Pink: AUNB), which was completed on July 31, 2018.

MCT Moves to Secure Sensitive Borrower Data Exposed in 90 Percent of Secondary Market Transactions

SAN DIEGO, Calif. /ScoopCloud/ — Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that it is incorporating the company’s patent-pending geocoding technology into its Bid Auction Manager(TM) (BAM) whole loan trading platform in order to shield borrower addresses from being shared with non-buying entities throughout the whole loan bidding process.