Santa Barbara Bank & Trust has agreed to lease the former Security Pacific Bank building at 789 S. Victoria Ave., across from the Ventura County Government Center in Ventura.
Details of the transaction were not disclosed.
Bank of America assumed ownership of the 7,084-square-foot building when it merged with Security Pacific Bank in 1994. Since the completion of the merger, the Victoria Avenue location has not been occupied.
This is the second Ventura location for Santa Barbara Bank & Trust, which also has a branch on Mills Road. Other Ventura County locations are in Oxnard and Camarillo.
CB Commercial in Ventura handled the transaction.