QUINCY, CALIF., December 20, 2021 (GLOBE NEWSWIRE) – Plumas Bank, a wholly owned subsidiary of Plumas Bancorp (NASDAQ: PLBC), recently announced that it has donated $ 50,000 to the Dixie Fire Fund for providing long-term disaster relief and revitalization for communities affected by the largest wildfire in California history. Today, Plumas Bank announced that it has secured an additional $ 25,000 in matching funds from the Federal Home Loan Bank of San Francisco (FHLBank San Francisco). To date, the Dixie Fire Fund has raised over $ 220,000. The fund is administered by the Community Foundation of Northern Nevada.
“We are grateful for our partnership with Federal Home Loan Bank San Francisco and appreciate their support in helping Plumas Bank meet the urgent needs of our local communities,” commented President and CEO Andrew J. Ryback.
Ryback continued, “Plumas Bank has served our Northeastern communities in good times and bad for more than four decades, and we are committed to helping our customers and neighbors whose lives have been devastated by the fire. Dixie. Helping those in need is always a priority for Plumas Bank, and we hope our contribution will make a difference as our community begins the process of rebuilding, ”concluded Ryback.
“Recovery from forest fire damage requires meeting the immediate needs of affected families, as well as developing and supporting long-term strategies to rebuild the economies of affected communities,” said Marietta Núñez, vice-president. Senior President and Head of Community Investments at FHLBank San. Francois. “We are delighted to be able to match the generous donation our member Plumas Bank has made to the Dixie Fire Fund. “
On The Federal Home Loan Bank of San Francisco
The Federal Home Loan Bank of San Francisco offers low-cost finance and other services that help member financial institutions provide mortgages to people of all income levels and provide credit that supports neighborhoods and communities. . The Bank also funds community programs that help members create affordable housing and promote community economic development. The members of the Bank are headquartered in Arizona, California and Nevada and include commercial banks, credit unions, industrial loan companies, savings institutions, insurance companies, and development financial institutions. community.
About Plumas Bancorp and Plumas Bank
Plumas Bancorp is headquartered in Reno, Nevada. The main subsidiary of Plumas Bancorp is Plumas Bank, which was founded in 1980. Plumas Bank is a full-service community bank based in Quincy, California. The bank operates fourteen branches: twelve located in the California counties of Lassen, Modoc, Nevada, Placer, Plumas, Shasta and Sutter and two branches located in Nevada in the counties of Carson City and Washoe. The bank also operates loan production offices located in the California counties of Butte and Placer and Klamath Falls, Oregon. Plumas Bank offers a wide range of financial and investment services to consumers and businesses and has been awarded Nationwide Preferred Lender status with the United States Small Business Administration. For more information on Plumas Bancorp and Plumas Bank, please visit our website at www.plumasbank.com.
The Northern Nevada Community Foundation
The Community Foundation of Northern Nevada is a 501 (c) 3 nonprofit organization that has distributed over $ 145 million in grants and scholarships from 247 charitable funds. Founded in 1998, the foundation is a community leader, an ongoing charitable resource, and a philanthropic advisor in charitable giving.
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CONTACT: Contact: Plumas Bank 35 S Lindan Ave. Quincy, CA 95971 530.283.7305 [email protected]