Plumas Bank and Federal Home Loan Bank of San Francisco join forces to donate $75,000 to fight wildfires

QUINCY, CA, Dec. 20 11, 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 to provide disaster relief and -long-term revitalization for communities impacted by the largest California wildfire in history. Today, Plumas Bank shared that it 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 North East communities through 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 at 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.

“Recovering from the damage caused by a wildfire requires addressing the immediate needs of affected families and also developing and supporting long-term strategies to rebuild the economies of affected communities,” remarked Marietta Núñez, Vice President Principal and Head of Community Investments at FHLBank San Francois. “We are pleased to be able to match the generous donation our member Plumas Bank made to the Dixie Fire Fund.”

On The Federal Home Loan Bank of San Francisco
Federal Home Loan Bank of San Francisco offers low-cost financing and other services that help member financial institutions make home loans 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. Bank members are headquartered in Arizona, California and Nevada and include commercial banks, credit unions, industrial loan companies, thrift institutions, insurance companies and financial institutions from communautary development.

About Plumas Bancorp and Plumas Bank
Plumas Bancorp is headquartered in Reno, Nevada. The principal subsidiary of Plumas Bancorp is Plumas Bank, which was founded in 1980. Plumas Bank is a full-service community bank headquartered in Quincy, California. The bank operates fourteen branches: twelve located in the Californian 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 origination offices located in California’s Butte and Placer counties 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 more than $145 million in grants and scholarships from 247 charitable funds. Founded in 1998, the foundation is a community leader, ongoing charitable resource and philanthropic advisor on charitable giving.

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CONTACT: Contact: Plumas Bank 35 S Lindan Ave. Quincy, CA 95971 530.283.7305 [email protected]

Bernadine J. Perkins