Biz News
Core Commercial Bank gets conditional approval to establish corporation
The organizers of Core Commercial Bank announced that they have received conditional approval from the California Department of Business Oversight to establish a California banking corporation, subject to approval from the Federal Deposit Insurance Corp. and other standard conditions, according to a news release.
Core Commercial Bank, to be headquartered in Newport Beach, is planned to be a business bank serving small and midsize enterprises, with a focus on professionals, manufacturers, wholesalers and distributors in Orange, Los Angeles, San Diego and Riverside counties.
CCB is the first new commercial bank to be approved by the California Department of Business Oversight since 2008, the release states.
“Over the past several years, mergers and other consolidations have greatly reduced the number of banks in California, Orange County and across the country,” Mark Simmons, the proposed board chairman for Core Commercial Bank, said in a statement. “CCB aims to reverse this trend by providing relationship-driven banking services delivered by a highly experienced leadership team, a strong value proposition and a clear path to financial stability.”
CCB’s senior management is led by initial organizers Darrell Daniel III as chief banking officer and Jonathan Sigal as chief credit officer.
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Newport pub crawl to benefit Project Access
The 10th annual Newport Beach Santa Pub Crawl will run from 9 p.m. Saturday to 1:30 the following morning.
It will benefit Project Access, a Newport Beach-based nonprofit that provides health, education and employment services to low-income people.
The pub crawl has two routes near the Balboa or Newport piers. Participating bars will have drink specials for those wearing event wristbands and holiday attire.
Wristbands cost $15 in advance and $20 on Saturday and will be available for pickup from 9 to 10 p.m. that day at Newport Landing, 503 E. Edgewater Ave., or Woody’s Wharf, 2318 Newport Blvd.
For more information or to buy wristbands, visit nbsantapubcrawl.com.
Last year’s event raised more than $9,000 for Project Access.
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Doughnut sales to benefit Miracles for Kids
Sidecar Doughnuts in Costa Mesa is donating 10% of the proceeds from sales of its gingerbread doughnut in December to help Miracles for Kids.
The Tustin-based nonprofit aids children with life-threatening diseases and their families.
Sidecar is at 270 E. 17th St.
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The Joint Chiropractic opens second location in Costa Mesa
The Joint Chiropractic has opened a second location in Costa Mesa.
The new clinic at 281 E. 17th St. is open from 10 a.m. to 7 p.m. Mondays through Fridays and 10 a.m. to 5 p.m. Saturdays and Sundays. The other Costa Mesa site is at 2701 Harbor Blvd.
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Vitra Eyewear to host first trunk show
Vitra Eyewear in Costa Mesa’s South Coast Plaza mall will host its first trunk show from 2 to 8 p.m. Dec. 18 and noon to 8 p.m. Dec. 19.
The event will showcase the Chrome Hearts designer brand.
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Girl Scouts selects design firm for new Newport center
Girl Scouts of Orange County has selected Ontario-based Perera Construction and Design Inc. to build a 6,100-square-foot Girl Scout Leadership Center in Newport Beach’s Marina Park.
The center is scheduled to open in early 2017. The park opened last weekend.
Perera will be responsible for constructing the building, plus site utilities and improvements, including hardscape, planting and irrigation, according to a news release.
The facility will include INSPIRE, a multimedia program intended to fuel girls’ passion for science, technology, engineering and math through the Girl Scouts Career Exploration and Take Action programs.
Girl Scout troops also will be able to participate in activities focused on the environment, conservation and sustainability, go sailing and kayaking and even roast marshmallows for s’mores on the 2,000-square-foot patio, the organization said.
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Hoag Hospital recognized for safety, neurosurgery and spine programs
Hoag Hospital facilities in Newport Beach and Irvine recently got an “A” rating for safety from the Leapfrog Group, a Washington, D.C.-based organization that promotes health-care safety, quality and affordability.
The selection was based on the results of Leapfrog’s annual measure of hospitals’ performance on patient safety and quality, according to a news release.
“Hoag is honored to be recognized as one of the top hospitals in the nation for patient safety and quality,” Robert Braithwaite, Hoag’s president and chief executive, said in a statement. “We pride ourselves on providing the highest-quality health-care services to the communities we serve, and it is a privilege to be acknowledged for that nationally by Leapfrog.”
Hoag also received distinction for the second year in a row from Becker’s Hospital Review as one of the “100 Hospitals and Health Systems with Great Neurosurgery and Spine Programs,” according to a news release.
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Pelican Hill names director of sales, marketing
The Resort at Pelican Hill in Newport Beach announced the appointment of Virgil Napier as director of sales and marketing.
Napier, who brings more than 15 years of experience in luxury hospitality to the role, will oversee leisure sales, weddings, group meetings and catering and conference services.
—From staff reports