SANTA BARBARA, Calif. (KEYT) - A 50th anniversary celebration took place yesterday evening at Montecito Bank & Trust.
The main branch in downtown Santa Barbara was filled with guests to raise a glass and toast the bank.
It was started by the late Michael Towbes and his partners. Towbes became the sole owner in 1983. Invited guests joined the bank staff and the board of directors for the special event. Photos and newspaper clippings from the last 50 years were on display.
The bank first began out of a trailer in Montecito. Now it has locations throughout the Central Coast.
It is known for its philanthropy and gives out $1-million dollars each year to non profits at a special dividend luncheon the week of Thanksgiving.
A video with a message from Towbes is played at the luncheon. Funds mainly go to arts and culture, youth and education, health and medical and social services.
The Latest Breaking News, Weather Alerts, Sports and More Anytime On Our Mobile Apps. Keep Up With the Latest Articles by Signing Up for the News Channel 3-12 Newsletter.
Montecito Bank & Trust Celebrates 50 years in Santa Barbara and Ventura Counties News Channel 3-12.
Hence then, the article about montecito bank trust celebrates 50 years in santa barbara and ventura counties was published today ( ) and is available on News channel ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( Montecito Bank & Trust Celebrates 50 years in Santa Barbara and Ventura Counties )
Also on site :
- Anycubic Opens Deposits for Kobra X, Following Formnext Debut of Its Next-Generation Entry-Level Multicolor FDM Printer
- Numbrix 9 - December 26
- Southern Water accused of ‘failure’ after burst pipe leaves homes without running water on Christmas Day