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Tri Counties Bank and FHLBank San Francisco Donate $180,000 to Affordable Homeownership
Tri Counties Bank and FHLBank San Francisco Donate $180,000 to Affordable Homeownership

Business Wire

timean hour ago

  • Business
  • Business Wire

Tri Counties Bank and FHLBank San Francisco Donate $180,000 to Affordable Homeownership

CHICO, Calif.--(BUSINESS WIRE)-- Tri Counties Bank, in partnership with the Federal Home Loan Bank of San Francisco (FHLBank San Francisco) through its Empowering Homeownership Matching Grant Program, awarded grants totaling $180,000 to Self-Help Enterprises (SHE), Greater Sacramento Urban League (GSUL), and the San Francisco Housing Development Corporation (SFHDC). 'These grants, combined with the dedicated efforts of our nonprofit partners, empower families to invest in their financial futures by turning the dream of homeownership into reality," said Rick Smith, President and CEO of Tri Counties Bank. #MemberFDIC Share 'Tri Counties Bank is proud to partner with FHLBank San Francisco to support more affordable housing throughout California,' said Rick Smith, President and CEO of Tri Counties Bank. 'These grants, combined with the dedicated efforts of our nonprofit partners, empower families to invest in their financial futures by turning the dream of homeownership into reality.' FHLBank San Francisco launched the Empowering Homeownership matching grant program in 2022 to expand access to affordable homeownership opportunities for low-, moderate-, and middle-income individuals and families. As a member financial institution, Tri Counties Bank can request matching donations from FHLBank San Francisco at a ratio of $2 for every $1 Tri Counties Bank contributes, up to a maximum of $200,000, to approved housing counseling agencies like SHE, GSUL, and SFHDC. 'We've invested millions in educating and empowering aspiring homeowners through our matching grant programs, including the Empowering Homeownership grant program,' said Eric Cicourel, Community Investment Officer at FHLBank San Francisco. 'By partnering with member financial institutions like Tri Counties Bank and supporting local housing counseling agencies, we aim to equip families with the knowledge, resources, and confidence to make informed housing decisions—and to help make the American dream of homeownership more accessible to all.' SHE is a nationally recognized community development organization whose mission is to work together with low-income families to build and sustain healthy homes and communities. Their $75,000 grant will underwrite homeownership counseling services that provide guidance and support to individuals and families at every stage of the homebuying process, helping them to make informed decisions and build long-term financial stability. GSUL has been committed to empowering communities and changing lives in the Greater Sacramento region since 1968. Through focused efforts to empower, educate and employ youth and families, they have assisted thousands of Sacramentans gain meaningful employment; access safe, affordable and stable housing; reach their educational goals; overcome health disparities; and improve their overall health and wellness. Their $60,000 grant will support their HUD-certified housing counseling program, which includes guidance on homebuying, foreclosure prevention, rental counseling, and homelessness prevention. SFHDC fosters financial stability through the development of affordable housing, the facilitation of homeownership, and the economic empowerment and revitalization of neighborhoods in San Francisco. Their $45,000 grant assists their Financial Empowerment Center, which provides HUD-certified workshops and counseling services, covering homebuyer education, rental guidance, financial literacy, and pre- and post-purchase support. To learn more about the FHLBank San Francisco's community programs, visit About Tri Counties Bank Established in 1975, Tri Counties Bank is a wholly-owned subsidiary of TriCo Bancshares (NASDAQ: TCBK), headquartered in Chico, California with corporate offices in Roseville, South San Francisco, and Bakersfield, with assets of nearly $10 billion and 50 years of financial stability. Tri Counties Bank is dedicated to providing exceptional service for individuals and businesses throughout California with more than 75 locations, advanced mobile and online banking, and access to approximately 40,000 surcharge-free ATMs nationwide. As California's Local Bank, Tri Counties Bank prioritizes serving clients with local bankers and local decision-making, backed by corporate philanthropy, community engagement, employee volunteerism and investments. Recognized by various publications as among the Top Workplaces and Best Banks, Tri Counties Bank recruits and retains diverse and talented team members. Visit to learn more. Member FDIC. Equal Housing Lender. NMLS #458732. About the Federal Home Loan Bank of San Francisco The Federal Home Loan Bank of San Francisco is a member-driven cooperative helping local lenders in Arizona, California, and Nevada build strong communities, create opportunity, and change lives for the better. The tools and resources they provide to their member financial institutions — commercial banks, credit unions, industrial loan companies, savings institutions, insurance companies, and community development financial institutions — propel homeownership and expand access to quality housing and boost economic development. Together, with their members and other partners, they are making the communities they serve more vibrant and resilient.

Tri Counties Bank Expands Bay Area Presence with New San Francisco West Portal Branch, Opening in Late Summer 2025
Tri Counties Bank Expands Bay Area Presence with New San Francisco West Portal Branch, Opening in Late Summer 2025

Globe and Mail

time3 days ago

  • Business
  • Globe and Mail

Tri Counties Bank Expands Bay Area Presence with New San Francisco West Portal Branch, Opening in Late Summer 2025

Tri Counties Bank announced the upcoming opening of a new branch in the heart of the West Portal neighborhood of San Francisco, California, at 279 West Portal Avenue. The new West Portal branch will provide local businesses and residents with even greater access to personalized financial solutions, backed by Tri Counties Bank's commitment to exceptional service and local decision making. 'Our focus is to provide West Portal with a superior banking experience through personalized service and a full range of strategic financial solutions,' said Scott Robertson, Senior Vice President and Head of Community Banking. 'Instead of traditional teller lines, the West Portal branch features five relationship desks where you can sit down with a banker who not only processes transactions but also gets to know you. They will suggest customized solutions based upon your specific needs, whether it be buying a home, saving for the future, or growing a business.' The new full-service West Portal branch will also offer dedicated customer parking, lobby hours from Monday – Friday 9 A.M. to 5 P.M., and night drop services. A walk-up ATM will be available 24 hours a day, seven days a week, featuring immediate credit on all cash deposits. It is expected to open in late summer 2025. It was formerly the site of a First Republic Bank branch. The new branch will be led by previous First Republic Bank employees, well known to the West Portal community: Anthony Cuadro, Managing Director of Private Banking Odette B. Dayans, Private Banking Team Lead Suzie Cay, Branch Manager Kim Lamb, Senior Business Banker Wendy Ng, Operations Administrator For more than 50 years, Tri Counties Bank has offered a comprehensive suite of financial solutions that rival those offered by larger banks, but with the flexibility and superior local service that customers deserve. Led by financial experts with deep ties to the community, the new branch will offer tailored financial products and services designed to meet both personal and business needs of the West Portal community. To learn more about the new West Portal branch, visit About Tri Counties Bank Established in 1975, Tri Counties Bank is a wholly-owned subsidiary of TriCo Bancshares (NASDAQ: TCBK), headquartered in Chico, California with corporate offices in Roseville, South San Francisco, and Bakersfield, with assets of nearly $10 billion and 50 years of financial stability. Tri Counties Bank is dedicated to providing exceptional service for individuals and businesses throughout California with more than 75 locations, advanced mobile and online banking, and access to approximately 40,000 surcharge-free ATMs nationwide. As California's Local Bank, Tri Counties Bank prioritizes serving clients with local bankers and local decision-making, backed by corporate philanthropy, community engagement, employee volunteerism and investments. Recognized by various publications as among the Top Workplaces and Best Banks, Tri Counties Bank recruits and retains diverse and talented team members. Visit to learn more. Member FDIC. Equal Housing Lender. NMLS #458732.

Tri Counties Bank Expands Bay Area Presence with New San Francisco West Portal Branch, Opening in Late Summer 2025
Tri Counties Bank Expands Bay Area Presence with New San Francisco West Portal Branch, Opening in Late Summer 2025

Business Wire

time3 days ago

  • Business
  • Business Wire

Tri Counties Bank Expands Bay Area Presence with New San Francisco West Portal Branch, Opening in Late Summer 2025

CHICO, Calif.--(BUSINESS WIRE)--Tri Counties Bank announced the upcoming opening of a new branch in the heart of the West Portal neighborhood of San Francisco, California, at 279 West Portal Avenue. The new West Portal branch will provide local businesses and residents with even greater access to personalized financial solutions, backed by Tri Counties Bank's commitment to exceptional service and local decision making. "Our focus is to provide West Portal with a superior banking experience through personalized service and a full range of strategic financial solutions," said Scott Robertson, Senior Vice President and Head of Community Banking. 'Our focus is to provide West Portal with a superior banking experience through personalized service and a full range of strategic financial solutions,' said Scott Robertson, Senior Vice President and Head of Community Banking. 'Instead of traditional teller lines, the West Portal branch features five relationship desks where you can sit down with a banker who not only processes transactions but also gets to know you. They will suggest customized solutions based upon your specific needs, whether it be buying a home, saving for the future, or growing a business.' The new full-service West Portal branch will also offer dedicated customer parking, lobby hours from Monday – Friday 9 A.M. to 5 P.M., and night drop services. A walk-up ATM will be available 24 hours a day, seven days a week, featuring immediate credit on all cash deposits. It is expected to open in late summer 2025. It was formerly the site of a First Republic Bank branch. The new branch will be led by previous First Republic Bank employees, well known to the West Portal community: Anthony Cuadro, Managing Director of Private Banking Odette B. Dayans, Private Banking Team Lead Suzie Cay, Branch Manager Kim Lamb, Senior Business Banker Wendy Ng, Operations Administrator For more than 50 years, Tri Counties Bank has offered a comprehensive suite of financial solutions that rival those offered by larger banks, but with the flexibility and superior local service that customers deserve. Led by financial experts with deep ties to the community, the new branch will offer tailored financial products and services designed to meet both personal and business needs of the West Portal community. To learn more about the new West Portal branch, visit About Tri Counties Bank Established in 1975, Tri Counties Bank is a wholly-owned subsidiary of TriCo Bancshares (NASDAQ: TCBK), headquartered in Chico, California with corporate offices in Roseville, South San Francisco, and Bakersfield, with assets of nearly $10 billion and 50 years of financial stability. Tri Counties Bank is dedicated to providing exceptional service for individuals and businesses throughout California with more than 75 locations, advanced mobile and online banking, and access to approximately 40,000 surcharge-free ATMs nationwide. As California's Local Bank, Tri Counties Bank prioritizes serving clients with local bankers and local decision-making, backed by corporate philanthropy, community engagement, employee volunteerism and investments. Recognized by various publications as among the Top Workplaces and Best Banks, Tri Counties Bank recruits and retains diverse and talented team members. Visit to learn more. Member FDIC. Equal Housing Lender. NMLS #458732.

X CEO Linda Yaccarino departs; UCSF Health stays with Blue Shield
X CEO Linda Yaccarino departs; UCSF Health stays with Blue Shield

Business Journals

time6 days ago

  • Business
  • Business Journals

X CEO Linda Yaccarino departs; UCSF Health stays with Blue Shield

Happy Wednesday, Bay Area. At the top of the tech world this morning is news that X CEO Linda Yaccarino said she is stepping down from the company after two years at the helm, according to a Wednesday post on what was once called Twitter that said "the best is yet to come as X enters a new chapter with @xai." Billionaire owner Elon Musk's announcement in March that his xAI had acquired X at a valuation of $33 billion brought into question Yaccarino's future at the company, Bloomberg reports. Musk's SpaceX plans to raise new funding and launch an employee tender by selling insider shares at a $400 billion valuation, Bloomberg reports, as the company sees its fortunes rise on the back on its fast-growing Starlink satellite internet unit. In return-to-office news, national office foot traffic increased 8.3% year-over-year in June, according to data in the Office Index from last month. Overall, though, nationwide office visits were still down 27.4% compared to June 2019. And we end in Union Square, where a new location of popular Chinese toy store Pop Mart is coming, the SF Standard reports. The shop is set to open at 200 Powell St. in a green Art Deco building at the corner of O'Farrell later this year. And now on to the day's top headlines here in the city and across the Bay Area. GET TO KNOW YOUR CITY Find Local Events Near You Connect with a community of local professionals. Explore All Events Blue Shield and UCSF Health reach new agreement Blue Shield of California and UC Health announced on Tuesday they have reached a new agreement whereby UC Health will extend contracts pending the completion of formal contract renewal process. The move means that Blue Shield members can continue to access UC Health providers and UC Health providers will accept Blue Shield members as in-network. Blue Shield of California and UC Health had been in ongoing contract negotiations with a potential agreement expiration date of Aug. 9, which could have pushed UCSF Health out of network for Blue Shield members. UCSF renews big Mission Bay lease UCSF has secured a 147,000-square-foot lease renewal in Mission Bay's Alexandria Center at 499 Illinois St., the Registry reports. The transaction ranks among the quarter's most significant leases, according to a second-quarter 2025 market report by Newmark, alongside new deals from Coinbase's 150,671 square feet of space and LinkedIn's separate renewal of 150,000 square feet. Tri Counties Bank plans West Portal branch with familiar faces Tri Counties Bank is opening a new branch in San Francisco's West Portal neighborhood this summer. The branch is the former site of a First Republic Bank branch and will be led by former First Republic Bank employees. 'Our focus is to provide West Portal with a superior banking experience through personalized service and a full range of strategic financial solutions," Scott Robertson, senior vice president and head of community banking at Tri Counties Bank, said in a statement. Instead of traditional teller lines, the West Portal branch will feature five "relationship desks" where customers can sit down with a banker. Cruise lays off 100 workers San Francisco-based robotaxi company Cruise has announced 101 layoffs in the Bay Area, according to state WARN filings, as part of a broader restructuring to scale back its General Motors-backed operations. The lion's share of the layoffs — 85 of them — come at 1201 Bryant St. in San Francisco. An office at 840 W. California Ave. in Sunnyvale would also be affected. The job cuts are effective immediately. Sign up for the Business Times' free morning and afternoon daily newsletters to receive the latest business news driving change in San Francisco. Download the free San Francisco Business Times app for breaking news alerts on your phone. M&A Watch Meta (Nasdaq: META) is taking a 3% stake in Ray-Ban maker EssilorLuxottica for $3.5 billion in an effort to develop AI-powered smart glasses, Bloomberg reports. The market for smart glasses is expected to grow to $8.26 billion by 2030 from $1.93 billion in 2024, according to GrandView Research. People on the Move HTEC, a global digital engineering and product development company based in Palo Alto, has named Tim Sears as chief AI officer. Funding Watch South San Francisco-based Centivax has raised $45 million in Series A funding to advance its universal flu vaccine into human trials within eight months. Investors include Future Ventures, NFX, BOLD Capital, Amplify Partners, Kendall Capital and Base4 Capital. Funds will support clinical trials and enlarging a pipeline of vaccines. S.F.-based edtech Honor Education raised $38 million in Series A funding from Alpha Edison, Wasserstein & Co, Audeo Ventures, Interlock Partners and New Wave Capital. Palo Alto-based Sundial raised $16 million in Series A funding led by GreatPoint Ventures. Final thought … How about those Giants? If you didn't watch the final moment of last night's game against the Phillies, it's worth a look — especially with the help of announcer Dave Flemming's call. Meanwhile at the Business Times, don't forget to mark you calendar for our first Business of Sports event July 15 from 8 a.m. to 11 a.m. at the United Club inside Chase Center. DOWNLOAD the free SFBT app for breaking news alerts on your phone.

Tri Counties Bank Announces Business and Commercial Banking Expansion
Tri Counties Bank Announces Business and Commercial Banking Expansion

Yahoo

time04-06-2025

  • Business
  • Yahoo

Tri Counties Bank Announces Business and Commercial Banking Expansion

CHICO, Calif., June 04, 2025--(BUSINESS WIRE)--Tri Counties Bank has restructured its business and commercial management teams to provide more specialized expertise and superior service for California businesses. This move strengthens Tri Counties Bank's ability to better serve businesses of all sizes with streamlined access to specialized lending, helping businesses scale faster, navigate market fluctuations, and seize growth opportunities. The restructuring ensures businesses receive tailored financial solutions at every stage of growth: Business Banking, for businesses between $2 million and $10 million in revenue Commercial Banking, for businesses between $10 million and $50 million in revenue Middle Market and Specialty Banking, for businesses with annual revenues greater than $50 million Scott Myers, Head of Wholesale Banking at Tri Counties Bank, led the strategic reorganization of the business banking divisions, bringing more than 25 years of experience to reshape how California businesses receive financial services. "Tri Counties Bank is uniquely positioned to serve the diverse needs of businesses of all sizes across California," Myers said. "Our goal is to continue to deliver upon our successful service model of true relationship-based banking." This restructuring directly reflects the needs of businesses throughout California that value relationship-based banking with experts who can tailor products to fit their unique needs. Tri Counties Bank appointed senior leaders with vast experience to oversee specialized industry-focused teams: Aytom Salomon, Managing Director of Middle Market and Specialty Banking Lindsey Fudge, Managing Director of Middle Market Commercial Real Estate Vanessa Ryan, Director of Public Sector Banking Brett Lew, Director of Food and Agribusiness Banking Businesses interested in learning more about how these new specialized services can support their financial growth can visit or call 1-800-982-2660. About Tri Counties Bank Established in 1975, Tri Counties Bank is a wholly-owned subsidiary of TriCo Bancshares (NASDAQ: TCBK), headquartered in Chico, California with corporate offices in Roseville, South San Francisco, and Bakersfield, with assets of nearly $10 billion and 50 years of financial stability. Tri Counties Bank is dedicated to providing exceptional service for individuals and businesses throughout California with more than 75 locations, advanced mobile and online banking, and access to approximately 40,000 surcharge-free ATMs nationwide. As California's Local Bank, Tri Counties Bank prioritizes serving clients with local bankers and local decision-making, backed by corporate philanthropy, community engagement, employee volunteerism and investments. Recognized by various publications as among the Top Workplaces and Best Banks, Tri Counties Bank recruits and retains diverse and talented team members. Visit to learn more. Member FDIC. Equal Housing Lender. NMLS #458732. View source version on Contacts Megan Sheehan, AVP, Public Relations ManagerMeganSheehan@ (530) 332-2330

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