Channel Islands National Bank

Channel Islands National Bank has been awarded certified lender program status by the Small Business Administration. The program uses the credit knowledge of the bank's loan officers to shorten processing time for SBA loans. Bank Vice President Doug Graham said that with the program, the SBA assumes that the bank has performed a thorough and accurate credit analysis on a loan package and therefore the administration does not do its own in-depth analysis.

Channel Islands National Bank will double its office space in the Dean Witter Tower in the Oxnard Financial Plaza, said Steven Walton, chief operating officer of Channel Islands Properties, the Plaza's owner. The bank has leased approximately 6,000 square feet next to its existing offices on the tower's ground floor. The bank has been a tenant in the tower since 1987.

Charles Elliott Jr., the new president and chief executive of Oxnard-based Channel Islands National Bank, intends to emphasize commercial lending, including loans backed by the federal Small Business Administration. "I wouldn't even rule out commercial real estate loans if they're part of a sound business plan," said Elliott, who formerly was executive vice president of City Commerce Bank in Santa Barbara. "The thing to avoid is speculative real estate." Elliott succeeds Martin T.

Channel Islands National Bank has been awarded certified lender program status by the Small Business Administration. The program uses the credit knowledge of the bank's loan officers to shorten processing time for SBA loans. Bank Vice President Doug Graham said that with the program, the SBA assumes that the bank has performed a thorough and accurate credit analysis on a loan package and therefore the administration does not do its own in-depth analysis.

Channel Islands National Bank will double its office space in the Dean Witter Tower in the Oxnard Financial Plaza, said Steven Walton, chief operating officer of Channel Islands Properties, the Plaza's owner. The bank has leased approximately 6,000 square feet next to its existing offices on the tower's ground floor. The bank has been a tenant in the tower since 1987.

Having established themselves in west Ventura County over the past decade, two local banking institutions plan to creep over the Conejo Grade by the end of this year. So say Robert Zingg, president and chief executive of First National Bank of Ventura, and Edward Paul, his counterpart at Channel Islands National Bank.

Channel Islands National Bank, a three-office bank based in Oxnard, has declared a 10 cents-a-share dividend for the third quarter. It's the bank's second cash payout this year. In previous years, only stock dividends were declared, said Chairman Stanley E. Cohen. "We've had three excellent quarters in 1995 and anticipate this trend to continue into the fourth quarter as well as into 1996," he said. The latest dividend is payable Jan. 26 to shareholders of record on Dec. 31.

Three Ventura County community banks have joined with more than 30 other financial institutions statewide to establish a network to lend money to small businesses, nonprofit organizations and other borrowers that ordinarily may not qualify for loans. Thousand Oaks-based Los Robles Bank, Channel Islands National Bank of Oxnard and Ventura's American Commercial Bank are participating in the California Economic Development Lending Initiative (CEDLI).

Having established themselves in west Ventura County over the past decade, two local banking institutions plan to creep over the Conejo Grade by the end of this year. So say Robert Zingg, president and chief executive of First National Bank of Ventura, and Edward Paul, his counterpart at Channel Islands National Bank.

Channel Islands National Bank, a three-office bank based in Oxnard, has declared a 10 cents-a-share dividend for the third quarter. It's the bank's second cash payout this year. In previous years, only stock dividends were declared, said Chairman Stanley E. Cohen. "We've had three excellent quarters in 1995 and anticipate this trend to continue into the fourth quarter as well as into 1996," he said. The latest dividend is payable Jan. 26 to shareholders of record on Dec. 31.

Three Ventura County community banks have joined with more than 30 other financial institutions statewide to establish a network to lend money to small businesses, nonprofit organizations and other borrowers that ordinarily may not qualify for loans. Thousand Oaks-based Los Robles Bank, Channel Islands National Bank of Oxnard and Ventura's American Commercial Bank are participating in the California Economic Development Lending Initiative (CEDLI).

Charles Elliott Jr., the new president and chief executive of Oxnard-based Channel Islands National Bank, intends to emphasize commercial lending, including loans backed by the federal Small Business Administration. "I wouldn't even rule out commercial real estate loans if they're part of a sound business plan," said Elliott, who formerly was executive vice president of City Commerce Bank in Santa Barbara. "The thing to avoid is speculative real estate." Elliott succeeds Martin T.