Business

Biz Buzz: Banker named to Mission board

A local banking veteran has been appointed to the board of directors of San Luis Obispo-based Mission Community Bancorp.

Jim Lokey, former president of Mid-State Bank & Trust and also former president of the community banking division for Rabobank, is stepping into the role of board executive chairman and bank board chairman, working closely with the Mission Community Bank CEO Anita Robinson.

Lokey is taking one of three spots for board members representing the Irvine-based Carpenter Community BancFund, an investment banking firm which invested $10 million in the company as part of a private placement.

Mission Community announced the first closing of the $10 million investment in late April and said its agreement with the fund provides for further investment of up to an additional $5.2 million.

Lokey said he looks forward to his collaboration with Mission Community. “I am excited by the potential that exists to establish the strongest community bank in the Central Coast,” he said.

— Julie Lynem

Paso firm helps furnish school

A company that makes medical silicone products in Paso Robles is sponsoring a science classroom in the new Flamson Middle School building.

Specialty Silicone Fabricators, which has donated money to other local educational efforts, offered $8,000 — the largest donation the school has received — to refurnish the room.

The company, which has a number of patents and process innovations, employs 160 people, including many Flamson grads and parents of Flamson students.

The school has been using portable classrooms since its main building was damaged by the San Simeon earthquake in 2003. The Federal Emergency Management Agency provided funds to replace the old building with a $15 million new structure, but it could not replace equipment or furniture, leaving the school district to ask the community to chip in.

Since science plays a significant role in what Specialty Silicone does, it decided to donate money for a science classroom.

The new Flamson building, which will house 17 classrooms, a multi-purpose room and a library, emulates the style of the old one, built in 1928. The school’s gymnasium, designed by Hearst architect Julia Morgan, still stands. Students will move into the new building next school year.

— Pat Pemberton

Local advertising firms win awards

Local advertising agencies Whizbang, Verdin Marketing Ink and 20|20 Creative Group recently won a total of 18 Addy Awards for “excellence in the art of advertising” in the Central Coast district of California.

20|20 Creative Group won one gold, two silvers, two bronze awards and “Best in Show” for its work with Friends of Hearst Castle, The Villages of San Luis Obispo and Las Ventanas at Talley Farms.

Whizbang won three silver and three bronze awards for its work on Rosies Workwear, eWoodArt.com and Cloud Star.

Verdin Marketing won a silver and five bronze awards for its work with clients including SLO Credit Union and the City of San Luis Obispo.

The nonprofit American Advertising Federation, which is composed of 200 member advertising clubs and 15 districts, oversees the Addy Awards. It receives more than 60,000 entries annually for the district, regional and national Addy competition.

— Julia Hickey

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