Plumas Bank, Federal Home Loan Bank of San Francisco Dixie Fire Giving Partner

Earlier this year, Reno-based Plumas Bank announced it had donated $50,000 to the Dixie Fire Fund to provide disaster relief and long-term revitalization to communities affected by the world’s largest fire. of California in history.

Recently, Plumas Bank shared that it secured an additional $25,000 in matching funds from the Federal Home Loan Bank of San Francisco. As of Dec. 20, the Dixie Fire Fund — administered by the Community Foundation of Northern Nevada — had raised more than $220,000, according to the Plumas Bank press release.

“We are grateful for our partnership with Federal Home Loan Bank of San Francisco and appreciate their support in helping Plumas Bank meet the urgent needs of our local communities,” said Plumas Bank President and CEO Andrew J. Ryback. , in a press release. “Plumas Bank has served our Northeast 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 Dixie Fire.”

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. Members are headquartered in Arizona, California, and Nevada and include commercial banks, credit unions, industrial loan companies, thrift institutions, insurance companies, and community development financial institutions.

“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,” said Marietta Núñez, Senior Vice President and Head of Community Investments at the bank. in a report. “We are pleased to be able to match the generous donation our member Plumas Bank made to the Dixie Fire Fund.”

Bernadine J. Perkins