American River Bank names first chief lending officer

“The move to bring a chief lending officer to the team signifies our strong commitment to loan growth,” said David Ritchie Jr., CEO of American River Bank. Ritchie, who started in October, said American River bank has a lot of real estate loans on its books, and he wants to bring in more commercial and
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Banking isn't what it used to be. For many people, it isn't a novelty to take a photo of a check and send it directly to your checking account – or to check your balance on a phone or a computer or transfer money from one financial institution to another. For some time now, consumers have been able to
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Graham Cooke, Insights Manager at finder.com.au, says the official interest rate is likely to stay static for a while longer and experts have identified single-digit growth, apartment oversupply and 'renovesting' as themes we're likely to see next year.
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CYS Investments, Inc. is a specialty finance company that invests on a leveraged basis primarily in residential mortgage pass-through certificates for which the principal and interest payments are guaranteed by Fannie Mae, Freddie Mac or Ginnie Mae. The Company refers to these securities as Agency
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(Endurance Mortgage) – Robert “Joey” Naquin Jr. from Public Service Mortgage Inc. and Stacy Vercher from Prestige Mortgage Lending LLC announced this week that the two companies will be merging its business operations on January 1, 2018, and will be using the trade name Endurance Mortgage.
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A vulnerability was found in Apple's HomeKit software for controlling smart home devices that could have allowed hackers to take control of those devices. The bug, first reported on Thursday by Apple-tracking site 9to5Mac and since fixed, appeared to have affected Apple's iOS 11.2 operating system.
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President Donald Trump's decision to declare Jerusalem the capital of Israel and begin moving the U.S. embassy from Tel Aviv drew withering criticism at an emergency meeting of the 15-member United Nations Security Council in New York. The U.S. decision “risks prejudging the outcome of
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Deerfield Beach, FL — (SBWIRE) — 12/08/2017 — The purpose of Liquid Filter Housing Market report is to provide the newest industry data and Liquid Filter Housing industry future trends, allowing consumers to identify the Liquid Filter Housing market Application, Type, Manufacturers and Regions,
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Com International logo BB&T Securities LLC lifted its holdings in shares of Ctrip.Com International Ltd (NASDAQ:CTRP) by 29.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 20,438 shares of the company's stock after purchasing an
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Cohen and other Democrats stressed, however, that commission members have been busy circulating amendments ahead of the commission's weekend gathering in metro Washington. ___. Follow Barrow on Twitter at https://twitter.com/BillBarrowAP. Before it's here, it's on the Bloomberg Terminal.
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Honduras is headed into its third week without a winner in presidential elections amid a political standoff between the two leading candidates and few signs its worst crisis in a decade is about to end. Honduran President Juan Orlando Hernandez. Photographer: JOHAN ORDONEZ/AFP via Getty Images.
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WASHINGTON (Reuters) – Iberiabank Corp (IBKC.O) and two subsidiaries agreed to pay $11.69 million to resolve allegations they submitted false claims for federal loan guarantees on mortgages, the U.S. Justice Department said on Friday. IBERIABANK Corp77.45. IBKC.ONasdaq. +0.00(+0.00%).
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Coinbase CEO Brian Armstrong is excited about the meteoric rise of bitcoin. Except that part when the price of digital currencies reaches so high that it creates extreme volatility and puts stress on the bitcoin broker's system, which is what happened Thursday. And so Armstrong posted a
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Still elsewhere, my Bloomberg View colleague Elaine Ou points out that bitcoin's electricity use isn't as bad as you think: “Bitcoin miners will consume an estimated 8.27 terawatt-hours per year,” versus 11 for “global production of cash and coins” and 132 for gold mining. And here is “the first time a
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United Continental Holdings Inc. is exploring a deal to invest in regional airline ExpressJet to boost its pipeline of pilots and expand service in the eastern and midwestern U.S., people familiar with the matter said. The Chicago-based carrier is looking at acquiring an ownership stake in ExpressJet
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U.S. banking regulators have told Congress they are considering reissuing guidelines that were the basis for a crackdown on leveraged lending. The Federal Reserve, Office of the Comptroller of the Currency and Federal Deposit Insurance Corp. in letters to Rep. Blaine Luetkemeyer (R., Mo.), a senior
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A recently discovered vulnerability in the mobile apps of several major banks has exposed customers to potential data theft. That's because a certificate pinning error left those customers susceptible to man-in-the-middle attacks which in turn put their credentials – usernames, passwords, personal
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The increase in loan limits will bring FHA loans in line with those of government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac. The Federal Housing Finance Agency (FHFA) announced new limits for loans eligible for purchase or guarantee by the GSEs on Nov. 28. The FHFA calculates
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Rarely in the last half century have the stars been so aligned for U.S. stocks. The collapse in volatility and mid-year slump in bond yields has helped investors earn the third biggest risk-adjusted return from U.S. equities in 50 years, according to Bloomberg Sharpe ratio calculations. The measure tracks
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While each of the ten largest U.S. card lenders benefited from this trend, JPMorgan consolidated its position as the market leader with a market share of more than 14%. It should be noted that the card lending industry in the U.S. is extremely consolidated, with the four largest issuers garnering a market
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