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195 Local Nonprofit Organizations Receive Community Dividends^® Awards and Share of $1 Million at Montecito Bank & Trust's 22nd Annual Luncheon

November 25, 2024
Montecito Bank & Trust hosted their annual Community Dividends awards luncheon to celebrate and recognize local nonprofit organizations and the work they do in our communities. Read more

Montecito Bank & Trust Earns Eighth "Best Banks to Work For" Award Nationally

November 12, 2024
For the eighth consecutive year Montecito Bank & Trust (MB&T) has been named a "Best Bank to Work For" by American Banker magazine. Read more

Montecito Bank & Trust celebrates local nonprofits at annual Anniversary Grants™ reception

March 13, 2024
On Wednesday evening, Montecito Bank & Trust celebrated its 49^th anniversary by gathering with 11 local nonprofit representatives at the Bank's annual Anniversary Grants reception. Read more

Montecito Bank & Trust Opens Oxnard Branch & Celebrates Local Nonprofits

January 25, 2024
Over 140 Oxnard community leaders and business members gathered with MB&T associates for a ribbon cutting and grand opening celebration for their Oxnard branch. Read more

News

Economic Outlook

Estate Planning

2024

195 Local Nonprofit Organizations Receive Community Dividends® Awards and Share of $1 Million at Montecito Bank & Trust's 22nd Annual Luncheon

Montecito Bank & Trust hosted their annual Community Dividends awards luncheon to celebrate and recognize local nonprofit organizations and the work they do in our communities.

11-25-2024
Montecito Bank & Trust Earns Eighth "Best Banks to Work For" Award Nationally

For the eighth consecutive year Montecito Bank & Trust has been named a "Best Bank to Work For" by American Banker magazine.

11-12-2024

Montecito Bank & Trust celebrates local nonprofits at annual Anniversary Grants™ reception.

On Wednesday evening, Montecito Bank & Trust celebrated its 49 th anniversary by gathering with 11 local nonprofit representatives at the Bank’s annual Anniversary Grants reception.

03-13-2024
MB&T Opens Oxnard Branch & Celebrates Local Nonprofits

Over 140 Oxnard community leaders and business members gathered with MB&T associates for a ribbon cutting and grand opening celebration for their Oxnard branch.

02-01-2024

MB&T is Working to Close the Financial Literacy Gap

More than 2,100 students and adults participated in over 270 hours of financial literacy classes offered by Montecito Bank & Trust associates in 2023.

02-01-2024

2023

195 Local Nonprofit Organizations Receive Community Dividends® Awards and Share of $1.1 Million at Montecito Bank & Trust’s 21st Annual Luncheon

Montecito Bank & Trust kicked off the holiday season on Monday November 20, 2023, as it has for the last 21 years, with the special annual tradition of their Community Dividends awards luncheon.

11-20-2023
Impact Investing Expert Lloyd Kurtz Joins Montecito Bank & Trust Wealth Management

05-31-2023

Montecito Bank & Trust reports Q1 2023 Earnings

Montecito Bank & Trust reports stable income and remains well-capitalized

05-30-2023
Montecito Bank & Trust celebrates local nonprofits at annual Anniversary Grants™ reception

On Wednesday evening, Montecito Bank & Trust celebrated its 48th anniversary the same way it has since 1993, by gathering with local nonprofit representatives at the annual Anniversary Grants reception.

03-15-2023

Montecito Bank & Trust reports Q4 2022 Earnings

Montecito Bank & Trust reported net income of $18.27 million, an increase of 4.22% year-over-year, while assets closed the year at $2.29 billion, down 2.8% or $65.95 million.

01-30-2023

2022

Montecito Bank & Trust Increases Annual Giving to $2 million to Celebrates 20 years of Community Dividends®

Montecito Bank & Trust kicked off the holiday season as it has for the last 20 years, with the special annual tradition of the Community Dividends awards luncheon.

11-21-2022
Santa Maria Branch Opening and Staffed with Local Leadership

Montecito Bank & Trust has received FDIC approval to open their 15th branch in Santa Maria.

11-18-2022

Montecito Bank & Trust reports Q2 2022 Earnings

Montecito Bank & Trust reported total assets grew $276.45 million, an increase of 12.65% during the 12-month period ending June 30, closing at $2.46 billion.

08-05-2022
Montecito Bank & Trust Welcomes Senior Portfolio Manager Lisa Harwood to Growing Wealth Management Group

Montecito Bank & Trust is increasing the number of team members in their Wealth Management division to support the multi-year, double-digit growth of their wealth management business.

06-17-2022

Montecito Bank & Trust holds 30th annual Anniversary GrantsTM reception to honor nonprofits

Local nonprofit representatives joined Montecito Bank & Trust employees at the annual Anniversary Grants reception Thursday evening in honor of the Bank’s 47th anniversary.

05-11-2022
Montecito Bank & Trust Reports Q1 2022 Earnings

Montecito Bank & Trust reported total assets grew $302.45 million, an increase of 14.43% during the 12-month period ending March 31, closing at $2.39 billion.

05-02-2022

Montecito Bank & Trust Reports Q4 2021 Earnings

Montecito Bank & Trust reports record income and strong asset growth to close out 2021 with $2.35 billion in assets

01-27-2022

2021

179 Local Nonprofit Organizations Receive Community Dividends® Awards and Share of $1.2 Million at Montecito Bank & Trust’s 17th Annual Luncheon

Montecito Bank & Trust kicked off the holiday season with the special annual tradition of the Community Dividends awards luncheon.

12-01-2021
Montecito Bank & Trust Reports Q3 2021 Earnings

Montecito Bank & Trust reports 21% asset growth and 24% deposit growth year-over-year

11-01-2021

Montecito Bank & Trust begins 2021 with substantial loan and deposit growth

Montecito Bank & Trust reported total assets grew $493.38 million

05-06-2021
Thomas Fisher will become Montecito Bank & Trust’s Chief Investment Officer

Thomas Fisher will succeed Peter Madlem as Montecito Bank & Trust’s Chief Investment Officer

04-02-2021

Montecito Bank & Trust reports Q4 2020 Earnings

Montecito Bank & Trust reports strong asset growth to close out 2020 with $1.95 billion in assets

02-05-2021
We Got Bank

The Second PPP is here, and once again Montecito Bank & Trust is accepting applications and "Ready to help the community until the money runs out."

01-28-2021

2020

Montecito Bank & Trust Commemorates Juneteenth With $25,000 Donation

$25,000 donation and additional $25,000 associate matching fund support the fight against racism and inequality

06-19-2020
Montecito Bank & Trust Secures $13.5 Million for Santa Ynez Valley Businesses

Montecito Bank & Trust secures PPP funds for 141 Santa Ynez Valley businesses

05-05-2020

Montecito Bank & Trust Reports Strong Asset and Loan Growth

Montecito Bank & Trust assets grow 6.10% in Q1 2020

05-04-2020
MB&T Update on Coronavirus

The safety and well-being of our associates, our clients and our communities is paramount

03-13-2020

Montecito Bank & Trust reports Q4 2019 Earnings

Montecito Bank & Trust assets grow to $1.6 billion in 2019

02-08-2020

2019

Montecito Bank & Trust Donates $1 Million in Community Dividends

Annual effort benefits 188 nonprofit organizations in Santa Barbara and Ventura counties

12-23-2019
Montecito Bank & Trust Awards Community Dividends

188 Local Nonprofits Share in over $1 Million

11-29-2019

Montecito Bank & Trust Aims to Bolster Affordable Housing Through Loan Program

By working with local housing authorities to finance acquisitions and rehabilitation projects, bank helps strengthen communities it serves

09-07-2019
Montecito Bank & Trust Invests in Protecting Seniors from Financial Abuse

With proliferation of scams and fraud, bank steps up efforts to educate and keep clients informed of risks and prepared to recognize warning signs

08-31-2019

Montecito Bank & Trust Branching Out to Help Clients with Cybersecurity

With online scams a growing threat, bank provides training and recommendations to protect against dangers

08-24-2019
Montecito Bank & Trust's Financial Literacy Program Helps Cultivate Life Savers

Students and adults alike benefit from training and resources that create safer communities, successful school curricula

08-17-2019

Montecito Bank & Trust reports strong deposit growth

Montecito Bank & Trust reported total assets grew to $1.54 billion, a 10.8% growth during the 12-month period ending June 30.

08-12-2019
Montecito Bank & Trust Eclipses $1.5 Billion in Assets

Montecito Bank & Trust reported total assets grew 7.9% or $110.3 million during the 12-month period ending March 31, closing at $1.5 billion, with loan growth of 7.4% year-over-year, ending the first quarter at $957.0 million.

04-26-2019

Tom Fisher Joins Montecito Bank & Trust’s Wealth Management Division

Montecito Bank & Trust is pleased to announce that Tom Fisher has joined the bank as senior vice president and senior portfolio manager, reporting to Peter Madlem, chief investment officer

03-23-2019
Montecito Bank & Trust reports 2018 net income growth of 15%

Montecito Bank & Trust reported strong net income of $20.8 million for the year ending 12/31/2018, up 15.2% versus prior year

02-05-2019

2024

The Economy at a Glance

Vol. 91, No. 178

12-16-2024
The Economy at a Glance

Vol. 91, No. 173

12-02-2024

The Economy at a Glance

Vol. 91, No. 163

11-18-2024
The Economy at a Glance

Vol. 91, No. 151

10-21-2024

The Economy at a Glance

Vol. 91, No.143

10-07-2024
The Economy at a Glance

Vol. 91, No. 16

09-23-2024

The Economy at a Glance

Vol. 91, No. 127

09-09-2024
The Economy at a Glance

Vol. 91, No. 122

08-26-2024

The Economy at a Glance

Vol. 91, No. 114

08-12-2024
The Economy at a Glance

Vol. 91, No. 110

07-29-2024

The Economy at a Glance

Vol. 91, No. 102

07-15-2024
The Economy at a Glance

Vol. 91, No. 95

07-01-2024

The Economy at a Glance

Vol. 91, No. 88

06-17-2024
The Economy at a Glance

Vol. 91, No. 79

06-03-2024

The Economy at a Glance

Vol. 91, No. 75

05-20-2024
The Economy at a Glance

Vol. 91, No. 65

05-06-2024

The Economy at a Glance

Vol. 91, No. 60

04-22-2024
The Economy at a Glance

Vol. 91, No. 50

04-08-2024

The Economy at a Glance

Vol. 91, No. 47

03-25-2024
The Economy at a Glance

Vol. 91, No. 36

03-11-2024

The Economy at a Glance

Vol. 91, No. 31

02-26-2024
The Economy at a Glance

Vol. 91, No. 22

02-12-2024

The Economy at a Glance

Vol. 91, No. 16

01-29-2024
The Economy at a Glance

Vol. 91, No. 10

01-15-2024

The Economy at a Glance

Vol. 91, No. 2

01-01-2024

2023

The Economy at a Glance

Vol. 90, No. 179

12-18-2023
The Economy at a Glance

Vol. 90, No. 172

12-04-2023

The Economy at a Glance

Vol. 90, No. 167

11-20-2023
The Economy at a Glance

Vol. 90, No. 158

11-06-2023

The Economy at a Glance

Vol. 90, No. 153

10-23-2023
The Economy at a Glance

Vol. 90, No. 144

10-09-2023

The Economy at a Glance

Vol. 90, No. 138

09-25-2023
The Economy at a Glance

Vol. 90, No. 130

09-11-2023

The Economy at a Glance

Vol. 90, No. 123

08-28-2023
The Economy at a Glance

Vol. 90, No. 117

08-14-2023

The Economy at a Glance

Vol. 90, No. 109

07-31-2023
The Economy at a Glance

Vol. 90, No. 104

07-17-2023

The Economy at a Glance

Vol. 90, No. 95

07-07-2023
The Economy at a Glance

Vol. 90, No. 81

06-05-2023

The Economy at a Glance

Vol. 90, No. 75

05-22-2023
The Economy at a Glance

Vol. 90, No. 67

05-08-2023

The Economy at a Glance

Vol. 90, No. 61

04-24-2023
The Economy at a Glance

Vol. 90, No. 52

04-10-2023

The Economy at a Glance

Vol. 90, No. 47

03-27-2023
The Economy at a Glance

Vol. 90, No. 40

03-13-2023

The Economy at a Glance

02-27-2023
The Economy at a Glance

02-13-2023

The Economy at a Glancy

01-30-2023
The Economy at a Glance

01-16-2023

The Economy at a Glance

01-02-2023

The Economy at a Glance

06-08-2020
May 2020 In Review

REOPENING OPTIMISM

05-01-2020

Letter from the Wealth Management CIO

HOPE FOR THE FUTURE

04-20-2020
April 2020 In Review

A BRIDGE TO THE OTHER SIDE

04-20-2020

Letter from the Wealth Management CIO

STAY THE COURSE

03-24-2020
March 2020 In Review

LOOKING FOR A BOTTOM

03-01-2020

2019

December 2019 In Review

U.S. ECONOMY'S PROMISING END TO 2019

12-19-2019
November 2019 In Review

MODERATING GROWTH AMID TRADE WORRIES

12-16-2019

October 2019 In Review

OCTOBER DATA SHOWS A SLOWING BUT GROWING ECONOMY

11-13-2019
September 2019 In Review

ECONOMIC DATA IMPROVES IN SEPTEMBER

10-15-2019

August 2019 In Review

MIXED U.S. ECONOMIC DATA IN AUGUST

09-12-2019
July 2019 In Review

CONSUMERS PROPEL U.S. ECONOMY IN JULY

08-13-2019

June 2019 In Review

U.S. ECONOMY MODERATES, FED SHIFTS IN JUNE

07-15-2019
May 2019 In Review

SIGNS OF ECONOMIC RESILIENCE IN MAY

06-13-2019

1st Quarter 2019 In Review

STOCKS REBOUND AMID MIXED ECONOMIC SIGNAL

05-13-2019
April 2019 In Review

GREEN SHOOTS IN APRIL ECONOMIC DATA

04-30-2019

March 2019 In Review

MIXED ECONOMIC SIGNALS CONTINUE IN MARCH

04-12-2019
February 2019 In Review

SOUND ECONOMIC DATA IN FEBRUARY AMID GLOBAL UNCERTAINTY

03-15-2019

January 2019 In Review

SOLID ECONOMY, BUT RISING UNCERTAINTY IN JANUARY REPORTS

02-14-2019
December 2018 in Review

SIGNS OF STRONG U.S. ECONOMY CLOUDED BY MARKET VOLATILITY

01-14-2019

2024

Estate Planning Briefs

Articles for October and November 2024

11-29-2024
Estate Planning Studies

Articles for August and September 2024

09-30-2024

Estate Planning Briefs

Articles for June & July 2024

08-15-2024
Estate Planning Studies

Articles for April and May 2024

05-31-2024

Estate Planning Briefs

February-March 2024

03-27-2024
Estate Planning Studies

Corporate Transparency Act: Not to Be Ignored

01-24-2024

2023

Estate Planning Briefs

Nov-Dec 2023

12-22-2023
Estate Planning Studies

Coordinating Your Estate Plan

10-20-2023

Estate Planning Briefs

Taxability of Life Insurance Proceeds

08-01-2023
Estate Planning Study June - July 2023

An Estate Planner's Guide to Specific Testamentary Gifts

07-14-2023

Estate Planning Study May - April 2023

Highlights of the SECURE Act 2.0

05-19-2023
Estate Planning Brief Feb - Mar 2023

Treasury’s “Green Book” Explains Tax Hikes Proposed for 2024

02-01-2023

Estate Planning Brief Year-End 2022 / Jan 2023

SECURE 2.0

01-10-2023

2022

Estate Planning Studies Q4 2022

Planning for Non-Fungible Tokens and Metaverse Assets

12-01-2022
Estate Planning Studies Aug / Sept 2022

Five Years for Claiming Portability

09-27-2022

Estate Planning Studies July 2022

The Strategic Objectives of Retirement: How to Set the Stage for Retirement Investing & Legacy Success

07-31-2022
Estate Planning Studies May / June 2022

New Grantor Trust Rules Coming?

06-20-2022

Estate Planning Studies April 2022

Human Aspects of Estate Planning

04-29-2022
Estate Planning Briefs Feb - Mar 2022

The Future Taxpayer Experience

03-31-2022

Estate Planning Briefs January 2022

“What You Do [With Me] When I’m Gone” Controlling Body Disposition: The Law and the Macabre

01-31-2022

2021

Estate Planning Briefs December 2021

BBB in the Home Stretch

12-29-2021
Estate Planning Briefs November 2021

Progress Toward Tax Reform

11-18-2021

Estate Planning Briefs October 2021

Trustee Bootcamp: Checklist for the New Trustee

10-25-2021
Estate Planning Briefs September 2021

The House Ways and Means Committee released proposed tax increases totaling $2.18 trillion

09-30-2021

Estate Planning Briefs August 2021

08-26-2021
Estate Planning Briefs July 2021

Directed Trusts

07-23-2021

Estate Planning Briefs June 2021

Green Book Clarifications

06-30-2021
Estate Planning Briefs May 2021

JCT Overview of Taxation of Wealth and High Incomes

05-01-2021

Estate Planning Studies April 2021

How to Administer Your Irrevocable Trust

04-01-2021
Estate Planning Briefs Mar 2021

The Biden Administration’s Coming Tax Hike

03-01-2021

Estate Planning Studies Jan 2021

COVID-19, e-Wills, and the Estate Planner

01-27-2021

2020

December 2020 2nd Edition Estate Planning Briefs

Inflation Adjustments

12-28-2020
December 2020 Estate Planning Briefs

The "Perfect Storm" for Estate Planning

12-01-2020

October - November 2020 Estate Planning Briefs

Survey: Possible Tax Changes and What To Do About Them

11-04-2020
September 2020 Estate Planning Briefs

Mars Estate Dispute

09-21-2020

August 2020 Estate Planning Briefs

Use It or Lose It?

08-24-2020
July 2020 Estate Planning Studies

The Uniform Partition of Heirs Property Act: What Estate Planners Need to Know

07-17-2020

May & June 2020 Estate Planning Briefs

Paycheck Protection Program Fix Passed

06-16-2020
April 2020 Estate Planning Studies

The New Paradigm for Retirement Savings

04-30-2020

March 2020 Estate Planning Briefs

Letters of Transit

03-01-2020
February 2020 Estate Planning Briefs

Estate Planning Bonanza?

02-20-2020

January 2020 Estate Planning Briefs

Cryptocurrency - What Estate Planners Need to Know

01-17-2020

2019

December 2019 Estate Planning Briefs

Unified Transfer Tax Credit Up Again

12-19-2019
November 2019 Estate Planning Briefs

SECURE Act still stuck

11-15-2019

October 2019 Estate Planning Studies

Electronic wills– What estate planners need to know

10-15-2019
September 2019 Estate Planning Briefs

Uncashed check is taxable

09-12-2019

August 2019 Estate Planning Briefs

State taxes on trusts under fire

08-16-2019
July 2019 Estate Planning Briefs

Better Estate Planning

07-18-2019

June 2019 Estate Planning Briefs

SECURE hits a snag, Taxpayer First Act passed

06-18-2019
May 2019 Estate Planning Briefs

Retirement savings legislation, no deduction for taxes not paid

05-23-2019

April 2019 Estate Planning Studies

Modern families, Incapacity Planning

05-03-2019
March 2019 Estate Planning Briefs

Hope springs eternal - Death Tax

03-15-2019

February 2019 Estate Planning Briefs

Extension of time for portability election

02-14-2019
January 2019 Estate Planning Briefs

Lady Bird and Transfer on Death Deeds

01-14-2019

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