Plumas Bancorp’s Andrew Ryback Elected to the Federal Reserve Board’s Community Depository Institutions Advisory Counci...
January 22 2020 - 9:00AM
Plumas Bancorp (NASDAQ: PLBC), the parent company of Plumas Bank,
is pleased to announce that Director, President and Chief Executive
Officer, Andrew J. Ryback, has been elected by the Federal Reserve
Board to its Community Depository Institutions Advisory Council
(CDIAC) for 2020.
The CDIAC advises the Federal Reserve Board on
the economy, lending conditions, and other issues of interest to
community depository institutions. Members are selected from
representatives of commercial banks, thrift institutions, and
credit unions serving on local advisory councils at the 12 Federal
Reserve Banks. One member of each of the Reserve Bank councils
serves on the CDIAC, which meets twice a year with the Federal
Reserve Board in Washington, D.C.
Ryback commented, “I’m quite honored to have
been appointed to this important council and am committed to
representing the interests and perspectives of depository
institutions in the nine western states and three U.S. island
territories to the Board of Governors in Washington, D.C.” He
continued, “I look forward to serving the Federal Reserve Bank of
San Francisco in this new capacity and to advancing interests and
issues of importance to our industry.”
About the Federal Reserve The
Federal Reserve System,
established by the Federal
Reserve Act (12 U.S.C.A. § 221), is the central
Bank of the United States. The Federal
Reserve is charged with making and administering
policy for the nation's credit and monetary affairs and helps to
maintain the banking industry in sound condition.
About Plumas BankFounded in 1980, Plumas Bank
is a locally owned and managed full-service community bank
headquartered in northeastern California. The Bank operates
thirteen branches: eleven located in the northern California
counties of Plumas, Lassen, Placer, Nevada, Modoc and Shasta and
two branches located in the northern Nevada counties of Washoe and
Carson City. The Bank also operates three loan production offices:
two located in the northern California Counties of Placer and
Butte, and one located in the southern Oregon County of Klamath.
Plumas Bank offers a wide range of financial and investment
services to consumers and businesses and has received 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.
# # #
Contact:
Elizabeth Kuipers
Plumas Bank
Vice President, Marketing Manager & Investor Relations Officer
35 S Lindan Avenue
Quincy, CA 95971
530.283.7305 x8912
investorrelations@plumasbank.com
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