UnionBanCal Corporation—which owns Union Bank—announced it’s entered into an agreement to buy the Santa Barbara-based Pacific Capital Bancorp for a reported $1.5 billion. Pacific Capital operates Santa Barbara Bank & Trust, which runs 47 branches in California, including four in Northern Santa Barbara County—one each in Santa Maria, Lompoc, Los Olivos, and Solvang. Debbie Whiteley, […]
