Banking & Finance Law involves individuals and businesses in transactions with federal and state-chartered financial institutions -- including issues related to bank accounts, negotiable instruments, loans, interest rates, regulatory compliance, taxes, and more. Banking and finance law applies to those individuals and institutions that lend or borrow money. Lenders typically include banks, leasing companies, finance companies and other financial institutions. Borrowers are individuals, corporations, institutions or the government.
Newport Beach, incorporated in 1906, is a city in Orange County, California, 10 miles (16 km) south of downtown Santa Ana. As of January 1, 2009, the population was 86,252. The current OMB metropolitan designation for Newport Beach lies within the Santa Ana-Anaheim-Irvine area. The city's median family income and property values consistently place high in national rankings making Newport Beach one of the wealthiest communities in California, and in United States overall. As of February 2010 Portfolio. com ranked Newport Beach, California the richest U.S. city. The Daily Pilot, Costa Mesa, CA a neighboring city newspaper reported more than a quarter households have an income greater than $200,000, and the median value for homes exceeds $1 million.