San Diego Business Journal

SD FINANCE

Recent and archived news stories on: Banks, Credit Unions, Mortgage Lending, SBA, Stocks/Bonds, Venture Capital, Wealth Management...

It’s Better to Both Give and Receive on DonationMatch

GIVING: Platform Helps Cos. Direct Donations to The Desired Causes, LocalesAn airline wants to give away a travel package to benefit a local charity. A fundraising group is holding its annual gala and looking for companies to contribute to its silent auction.

By Sarah de Crescenzo October 20, 2016 4:17 p.m.   $$ Share

State Economic Index Increased 1.6 % in September

Comerica Bank's California Economic Activity Index increased by 1.6 percentage points in September to a level of 124.3, the bank said.

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Volunteers Mobilize to Deliver Special Thanksgiving Meals

More than 150 Outreach Impacting Lives volunteers distributed 900 Thanksgiving meals to enlisted military families in San Diego County through a collaboration with the Military Outreach Ministry or MOM San Diego. Each meal consisted of a 15-pound turkey and 10 side dishes.

PitchFest Competitors Head Into Final Inning

Four local startups have made it to the final round of San Diego Venture Group’s annual VC PitchFest.

One Acquisition Brings Change to Three Cos.

San Diego startup Email Copilot has been acquired by New York-based Return Path Inc., an email data software company. The Email Copilot team, however, isn’t leaving San Diego.

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Innovative Products Show Cos. Take Technology and Run With It, Swim, Too

San Diego’s oldest startup accelerator CONNECT has crowned 10 local companies “most innovative” of the year at its signature event — Most Innovative New Product Awards.

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Rancho Bernardo Office Property Housing Bel Fuse Sold for $3.5 Million

San Diego-based Sabin Holdings LLC has purchased a Rancho Bernardo office property currently housing Bel Fuse Inc. for $3.5 million, according to brokerage firm Colliers International Group Inc.

San Diego Airport Passenger Traffic Up 3.2 Percent So Far in 2016

Passenger traffic at San Diego International Airport increased 3.2 percent from a year ago in the first 10 months of 2016, topping 17.3 million, according to the latest monthly data from airport operators.

SDCCU Launches Mobile Application Called SDCCU Wallet

San Diego County Credit Union, the largest locally owned credit union in the county, recently launched a mobile application called SDCCU Wallet that allows customers with iPhones to get cash from SDCCU ATMs without their debit card.

Local Economic Index Shows Little Change

A local economic index came in unchanged again in October, leaving the gauge essentially flat during the last eight months and prompting new questions about which direction San Diego County’s economy may be headed in the near term.

Airgain Inc. Announces Follow-on Offering

San Diego-based Airgain Inc. — which makes antennas for mobile and household devices — plans to sell up to $46 million of its common stock in a follow-on offering.

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Friends and Neighbors Rally to Help Ronald McDonald House

San Diego’s Ronald McDonald House Charities announced that its seventh annual Romp Gala and Hoehn Motors Porsche raffle raised $556,698 to benefit the organization.

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CureMetrix By TKO, Technological Knockout

Medical software firm CureMetrix Inc. has won first place at the Philips Innovation Challenge, landing the startup a contract with global technology firm Philips, along with other partnership benefits.

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San Francisco, Here We Come …To Steal Your Tech Talent

If you build it, they will come. If they don’t… well, then lure them with tacos.

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Angel Makes Sure She Invests in People, Too

FINANCE: Mentorship Role Part of Her Passion, Personality

Allison Long Pettine can’t help herself — she’s a compulsive mentor.

Silvergate Bank Reports Q3 Net Income of $2.1 Million

Silvergate Bank earned net income of $2.1 million in the third quarter of 2016, down $200,000 from the $2.3 million earned in the same quarter in 2015, the La Jolla-based company said Monday.