Plumas Bank plans Truckee branch
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.
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