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Plumas Bank and the Federal Home Loan Bank of San Francisco join forces to donate $75,000 for wildfire relief
QUINCY, CALIF., Dec. 20, 2021 (GLOBE NEWSWIRE) -- Plumas Bank, a wholly-owned subsidiary of Plumas Bancorp (NASDAQ:PLBC), recently announced that it donated
About this update from Plumas Bancorp
[{"type":"text","content":"QUINCY, CALIF., Dec. 20, 2021 (GLOBE NEWSWIRE) -- Plumas Bank, a wholly-owned subsidiary of Plumas Bancorp (NASDAQ:PLBC), recently announced that it donated $50,000 to the Dixie Fire Fund to provide disaster relief and long-term revitalization for communities affected by California’s largest wildfire in history. Today Plumas Bank shared that it secured another $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 more than $220,000. The fund is administered by The Community Foundation of Northern Nevada. “We are grateful for our partnership with the Federal Home Loan Bank San Francisco and appreciate their support in helping Plumas Bank respond to the urgent needs of our local communities,” commented President and Chief Executive Officer, Andrew J. Ryback. Ryback continued, “Plumas Bank has served our northeastern communities through good times and bad for over four decades, and we are committed to helping our clients and neighbors whose lives have been devastated by the Dixie Fire. 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 rebuilding process,” concluded Ryback. “Recovery from the damage caused by a wildfire requires meeting the immediate needs of affected families and also developing and supporting long-term strategies for rebuilding the economies of affected communities,” remarked Marietta Núñez, Senior Vice President and Community Investment Officer at the FHLBank San Francisco. “We are pleased to be able to match the generous donation our member Plumas Bank has made to the Dixie Fire Fund.” About The Federal Home Loan Bank of San FranciscoThe Federal Home Loan Bank of San Francisco delivers low-cost funding and other services that help member financial institutions make home 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 Bank’s members are headquartered in Arizona, California, and Nevada and include commercial banks, credit unions, industrial loan companies, savings institutions, insurance companies, and community development financial institutions. About Plu...