| Pacific Coast National Bancorp Reports Certain Financial Results ...
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--Pacific Coast National Bancorp (OTCBB:PCST) (the "Company") today announced certain financial results for year-end December 31, 2006. Total assets increased 80%, to $56.2 million at December 31, 2006, from $31.2 million at December 31, 2005. During the same time period, loans increased 237%, to $34.4 million at December 31, 2006, from $10.2 million at December 31, 2005, with commercial loans increasing 296% and real estate secured loans up 169%. "Loan demand from local borrowers for commercial real estate and Small Business Administration (SBA) loans remains strong throughout San Diego and Orange Counties. We are pleased to serve the niche market of businesses with annual sales of $1 to $30 million. We can customize the product and the pricing to fit their needs," stated Michael Hahn, President and Chief Operating Officer.
Springtime means back to school for candidates
RICHMONDWhat could be so important that 18 Virginia farmers and other rural residents would spend two beautiful spring days inside? School, of course. To be specific, the 2007 Campaign Academy, co-sponsored by the Virginia Farm Bureau Federation and the Virginia, Maryland & Delaware Association of Electric Cooperatives. It was held April 2-3. "We want to encourage more people from rural Virginia to run for public office and get involved in the political process. That’s the best way to represent the interests of farmers and rural Virginians," explained Andrew Smith, a VFBF senior assistant director of governmental relations. "Helping them hone their campaign skills and knowledge is an important part of that process." Investing time in learning the skills of campaigning and campaign management "will help them now and when they get elected to office," agreed Joel Rubin, president of the Rubin Communications Group in Virginia Beach.
Getting A Clean Credit Report
KUALA LUMPUR, March 29 (Bernama) -- Ever wondered how banks evaluate whether a person is credit-worthy or not without the person revealing any credit information about him or her? Or have you ever wondered how much information the bank has on a person's credit pattern? The answer lies with the Credit Bureau and its database known as the Central Credit Reference Information System (CCRIS), which serves as a reference point for the banks. The Association of Chartered Certified Accountants (ACCA) explains at great length the workings of the Credit Bureau and CCRIS. Managed by Bank Negara Malaysia, the Credit Bureau was formed under the Central Bank of Malaysia Act 1958 and has been in operation since 1982. Since then it has accumulated credit information of over five million borrowers in Malaysia.
Is debt killing you? Banks begin to offer a helpline
MUMBAI: Anand Sharma (name changed) was in complete mess after having spent around Rs 1.5 lakh on expensive restaurants, pubs and branded clothes. Lured by easy finance, he had borrowed heavily from different banks through credit cards and personal loans. But, as he discovered later, borrowing was the easier part. On a salary of Rs 10,000 per month, it was next to impossible for him to repay the loan. His wife Malini (name changed) didnt have a clue to what was happening. She was busy mothering their three-year-old kid and managing the house. But the day she discovered her husband fretting about his bills and excess debt, she decided enough was enough. Malini had heard from a friend about a debt counselling centre by the name of Abhay and decided to go there for help.
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