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Banking & Finance

Britt Cooper joined Sonoma Bank�s Santa Rosa office as vice president. Most recently he worked as branch manager and vice president for the bank�s Coddingtown office for five years.



Atlantic Pacific Bank appointed Pedy Lawson to head the company in Sonoma County as vice president of business development. Ms. Lawson has worked in Sonoma County business development for 16 years, working most recently as assistant vice president and account manager for a Santa Rosa office of Westamerica Bank.



Business Organizations Tamalpais Bank branch manager Patricia Estebes has joined the Hispanic Chamber of Commerce of Marin�s board of directors.



Construction Ryan Powers of Santa Rosa-based Carlenzoli and Associates recently received his California Professional Civil Engineers license.


(AFX UK Focus) 2007-11-20 13:30 GMT: PureCircle appoints former HSBC investment banker as non-executive chairman

LONDON (Thomson Financial) - PureCircle, which produces naturally extracted food ingredients, said it has appointed the former deputy chairman of HSBC Investment Banking, Paul Selway-Swift, as its non-executive chairman.

PureCircle said Selway-Swift has "over 40 years of blue chip experience", and his "expertise in the areas of capital markets and investment will be vital to the company as it prepares for AIM admission in December".

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Coming events

DAN SHEERAN, business development point person for RealNetworks, will address the goals and strategies of Rhapsody and Apple's iTune, and demonstrate some of their recent marketing techniques at the Kahala Hotel & Resort; 5:30 p.m. no-host cocktails will precede 6:30 p.m. dinner and program. Fee: $55 at the door. 942-7000. www.smehonolulu.com.

UPCOMING

LEADERSHIP DEVELOPMENT SERIES. "Creating Strong Teams, One Person at a Time!" is the theme of a workshop to be held Nov. 29 at My Office, 1019 Waimanu St., Suite 101. Registration will be at 5:30 p.m., followed by the workshop from 6 to 9 p.m. The workshop is one in a series sponsored by Envision Event Planning and Management and My Office, tailored to assist professionals and small-business owners in the ever-changing business world.


Auto insurance overhaul could spell savings for drivers

BOSTON — Most drivers can look forward to a drop in their car insurance rates under the state's new competitive system, but insurance officials couldn't say how big the average decrease would be statewide.

Under the old system where the state set one rate for all insurers, rates fell by 11.7 percent last year.

Consumer advocates have suggested that with the old system car owners could have looked at another cut of at least 10 percent.

Under the new competitive system, most insurers are offering average rate cuts of less than 10 percent.

Insurance Commissioner Nonnie Burnes said based on filings submitted by the state's 19 insurers on Monday, at least 1.2 million motorists will see a 10 percent cut or more. There are about 4 million drivers in Massachusetts.

"The very good news is that every company filed for an average rate decrease," Burnes said.


Just in Time for Holiday Shopping and Travel: FirstBank Offers Banking on the Go

Shoppers and travelers will have a new tool to help them manage their money during the holiday hustle -- Mobile Banking from FirstBank. The new service launched Nov. 6, 2007, and gives FirstBank's Internet Banking customers the ability to quickly check their account balances and transfer funds across accounts using their mobile phones, even while waiting for a flight and in jam-packed shopping malls.

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Security Bank Corporation Announces Quarterly Dividend

MACON, Ga., Nov. 20, 2007 (PRIME NEWSWIRE) -- Security Bank Corporation (NasdaqGS:SBKC - News) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.0875 per common share. The dividend is payable December 31, 2007 to shareholders of record at the close of business December 14, 2007. The indicated annual cash dividend is $0.35 per common share.

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Codey pledges hearings on EnCap

The troubled EnCap project will be the subject of Senate hearings in Trenton "as soon as possible," state Senate President Richard Codey declared Thursday.

Codey, D-Essex, said that the Meadowlands golf and housing project will be reviewed before the end of the year -- probably in early December -- by the Senate Legislative Oversight Committee led by state Sen. Paul Sarlo, D-Wood-Ridge. The committee also includes Sens. Nia Gill, D-Montclair, and Gerald Cardinale, R-Demarest.

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