Plumas Bank plans Truckee branch | SierraSun.com
YOUR AD HERE »

Plumas Bank plans Truckee branch

Staff reports

The Quincy, Calif.-based Plumas Bank may be opening a branch in Truckee within the year.

“It seems only natural to direct our growth to another contiguous mountain community,” President and Chief Executive Officer of Plums Bank Bill Elliot said in a recent press release.

The company, which currently has eight offices in Plumas, Lassen, Modoc and Shasta Counties, specializes in serving communities ranging in population from 2,000 to 12,000 people, according to Peter Walker, marketing vice president. Walker said he believes that the Truckee community is in need of a community bank, citing the recent merger of Sierra West bank with the San Francisco-based Bank of the West.

“We emphasize kind of the old fashioned idea of banking face-to-face,” Walker explained Plumas’ philosophy. “We believe in personal service. If you got a problem, you come see a person, you don’t get on the telephone.”

Walker said his company, assuming they get the required permits, plans to establish a temporary office in the area by the end of this year.

For their permanent location, Walker said the company has its sights set on the new shopping center planned for 11265 Donner Pass Road, across from Safeway.

According to Gavin Ball, associate planner with the Community Development Department, Planning Division, the proposed shopping center would consist of three separate buildings totaling 19,600 square feet. The center would likely house retail businesses, and possibly some professional offices, he said.


Support Local Journalism

 

Support Local Journalism

Readers around Lake Tahoe, Truckee, and beyond make the Sierra Sun's work possible. Your financial contribution supports our efforts to deliver quality, locally relevant journalism.

Now more than ever, your support is critical to help us keep our community informed about the evolving coronavirus pandemic and the impact it is having locally. Every contribution, however large or small, will make a difference.

Your donation will help us continue to cover COVID-19 and our other vital local news.

For tax deductible donations, click here.

Start a dialogue, stay on topic and be civil.
If you don't follow the rules, your comment may be deleted.

User Legend: iconModerator iconTrusted User