Jane Yu covers finance, education, manufacturing and professional services for the Orange County Business Journal. She can be reached at firstname.lastname@example.org.
ECONOMY: 3.4% hike to 267,243 jobs; Disney keeps No. 1 spot
Orange County’s biggest employers grew their combined work force at the fastest rate in years.
Costa Mesa-based bankruptcy law firm Weiland Golden LLP added William Lobel and Alan Friedman as partners and changed its name to Lobel Weiland Golden Friedman LLP.
The unemployment rate in Orange County moved up slightly in October despite an increase in local jobs.
A new state-chartered bank has been approved to be established in Orange County.
Costa Mesa-based bankruptcy law firm Weiland Golden LLP has added William Lobel and Alan Friedman as partners and changed its name to Lobel Weiland Golden Friedman LLP.
Huntington Beach-based insurance brokerage company Confie has acquired California Insurance Specialists on undisclosed terms.
FINANCE: Latino market specialist now in 17 states
Fast-growing insurance brokerage firm Confie is reportedly on the sales block.
Irvine-based startup Pop raised $6 million in venture capital funding.
Regulations, while they remain a common key challenge for all financial institutions, aren’t the only burden on bankers’ minds. There are other concerns that may be specific to a bank or credit union, including its size, customer base, and other factors. The Business Journal’s Jane Yu asked local bank and credit union executives to discuss their current concerns other than regulations. Their responses touch upon a variety of topics, ranging from data security and competition from online lenders to finding skilled talent and catering to younger generations. Here are edited excerpts of their responses:
20 Institutions Based Here See 38% Increase to $24.2 Billion
Orange County-based commercial banks have recorded the biggest year-over-year increase in assets in more than 10 years.