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Citizens Bank Of Northern California
Citizens Bank of Northern California, locally known as Citizens Bank, was a community bank headquartered in Nevada City, California, that operated from 1995 to 2011. History Originally named Citizens Bank of Nevada County, the bank opened for business on February 8, 1995. The bank served Nevada and Placer counties with seven full-service branches located in: Nevada City, Grass Valley, Penn Valley, Lake of the Pines, Truckee, and Auburn. It offered consumer loans and other traditional banking products and services, designed to meet the needs of small and middle market businesses and individuals. In June 2003, it became a wholly owned subsidiary of Citizens Bancorp. In preparation of opening its first branch outside of Nevada County, the bank changed its name to Citizens Bank of Northern California in April 2006. The bank ceased operations on September 23, 2011, as ordered by the Federal Deposit Insurance Corporation (FDIC). Customer accounts were transferred to Tri Coun ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking
A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of Bank regulation, regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure accounting liquidity, liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Grass Valley, California
Grass Valley is a city in Nevada County, California, United States. As of the 2020 United States census, its population was 14,016. Situated at roughly in elevation in the western foothills of the Sierra Nevada mountain range, this northern Gold Country city is by car from Sacramento and west of Reno. History Grass Valley, which was originally known as Boston Ravine and later named Centerville, dates from the California Gold Rush, as does nearby Nevada City. Gold was discovered at Gold Hill in October 1850 and population grew around the mine. When a post office was established in 1851, it was renamed Grass Valley the next year for unknown reasons. The town was incorporated in 1860. The essential history of Grass Valley mining belongs to the North Star, Empire and Idaho-Maryland mines, for continuous production over a span of years. From 1868 until 1900, the Idaho-Maryland mine was the most productive in the district. From 1900 until 1925, the North Star and the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1995
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ancien ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chico, California
Chico ( ; Spanish language, Spanish for "little") is the most populous city in Butte County, California, United States. Located in the Sacramento Valley region of Northern California, the city had a population of 101,475 in the 2020 United States census, 2020 census, an increase from 86,187 in the 2010 United States Census, 2010 census. Chico is the cultural and economic center of the northern Sacramento Valley, as well as the most populous city in California north of the capital city of Sacramento, California, Sacramento. The city is known as a college town, as the home of California State University, Chico, and for Bidwell Park, one of the List of urban parks by size, largest urban parks in the world. History The first known inhabitants of the area now known as Chico—a Spanish word meaning "little" — were the Mechoopda Maidu Native Americans. Within the boundaries of modern day Chico, there existed a Maidu village, whose name was recorded as Bah-hahp'-ke, meaning "str ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tri Counties Bank
Tri Counties Bank is a financial institution headquartered in Chico, California. It is a subsidiary of holding company TriCo Bancshares (NASDAQ: TCBK) headquartered in Chico, California. The first branch opened in 1975 to serve the Butte, Glenn, and Tehama counties, from which the bank received its name. As of 2024, the bank has over 64 branches in California, 8 loan production offices, over 40,000 ATMs nationwide, and total assets of approximately $9.7 billion. History At its inception in 1974, a group of farmers and small business owners within the Chico area came together to form their own bank and assist local growers. The company began operations with Robert H. Steveson as the first president and CEO. TriCo Bancshares was incorporated in 1981. It was formed as a holding company, with Tri Counties Bank as its sole subsidiary. Later that year ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Deposit Insurance Corporation
The Federal Deposit Insurance Corporation (FDIC) is a State-owned enterprises of the United States, United States government corporation supplying deposit insurance to depositors in American commercial banks and savings banks. The FDIC was created by the Banking Act of 1933, enacted during the Great Depression to restore trust in the American banking system. More than one-third of banks failed in the years before the FDIC's creation, and bank runs were common. The insurance limit was initially US$2,500 per ownership category, and this has been increased several times over the years. Since the enactment of the Dodd–Frank Wall Street Reform and Consumer Protection Act in 2010, the FDIC insures deposits in member banks up to $250,000 per ownership category. FDIC insurance is backed by the full faith and credit of the government of the United States, and according to the FDIC, "since its start in 1933 no depositor has ever lost a penny of FDIC-insured funds". Deposits placed wit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Citizens Bancorp
Citizens Bank of Northern California, locally known as Citizens Bank, was a community bank headquartered in Nevada City, California, that operated from 1995 to 2011. History Originally named Citizens Bank of Nevada County, the bank opened for business on February 8, 1995. The bank served Nevada and Placer counties with seven full-service branches located in: Nevada City, Grass Valley, Penn Valley, Lake of the Pines, Truckee, and Auburn. It offered consumer loans and other traditional banking products and services, designed to meet the needs of small and middle market businesses and individuals. In June 2003, it became a wholly owned subsidiary of Citizens Bancorp. In preparation of opening its first branch outside of Nevada County, the bank changed its name to Citizens Bank of Northern California in April 2006. The bank ceased operations on September 23, 2011, as ordered by the Federal Deposit Insurance Corporation (FDIC). Customer accounts were transferred to Tri Cou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Auburn, California
Auburn is a city in and the county seat of Placer County, California, United States. Its population was 13,776 during the 2020 United States census, 2020 census. Auburn is known for its California Gold Rush history and is registered as a California Historical Landmark. Auburn is part of the Sacramento metropolitan area. History Archaeological finds place the southwestern border for the prehistoric Martis people in the Auburn area. The indigenous Nisenan, an offshoot of the Maidu, were the first to establish a permanent settlement in the Auburn area. In the spring of 1848, a group of French gold miners arrived and camped in what would later be known as the Auburn Ravine. This group was on its way to the gold fields in Coloma, California, and it included Francois Gendron, Philibert Courteau, and Claude Chana. The young Chana discovered gold on May 16, 1848. After finding the gold deposits in the soil, the trio decided to stay for more prospecting and mining. Placer deposit, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Truckee, California
Truckee is an List of municipalities in California, incorporated town in Nevada County, California, United States. As of the 2010 United States Census, the population was 16,180, reflecting an increase of 2,316 from the 13,864 counted in the 2000 United States Census, 2000 Census. History Name Truckee's existence began in 1863 as Gray's Station, named for Joseph Gray's Roadhouse on the trans-Sierra wagon road.Union Pacific Railroad Historical Society Archives A blacksmith named Samuel S. Coburn was there almost from the beginning, and by 1866 the area was known as Coburn's Station. The Central Pacific Railroad selected Truckee as the name of its railroad station by August 1867, even though the tracks would not reach the station until a year later in 1868. It was renamed Truckee (chief), Truckee after a Northern Paiute, Paiute chief, whose assumed Paiute name was Tru-ki-zo. He was the father of Chief Winnemucca and grandfather of Sarah Winnemucca. The first Europeans who came t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lake Of The Pines, California
A lake is often a naturally occurring, relatively large and fixed body of water on or near the Earth's surface. It is localized in a depression (geology), basin or interconnected basins surrounded by dry land. Lakes lie completely on land and are separate from the ocean, although they may be connected with the ocean by rivers. Lakes, as with other bodies of water, are part of the water cycle, the processes by which water moves around the Earth. Most lakes are fresh water and account for almost all the world's surface freshwater, but some are salt lakes with salinities even higher than that of seawater. Lakes vary significantly in surface area and volume of water. Lakes are typically larger and deeper than ponds, which are also water-filled basins on land, although there are no official definitions or scientific criteria distinguishing the two. Lakes are also distinct from lagoons, which are generally shallow tidal pools dammed by sandbars or other material at coastal regions ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Penn Valley, California
Penn Valley is a census-designated place (CDP) in Nevada County, California. The population was 1,621 at the 2010 census, up from 1,387 at the 2000 census. The large Lake Wildwood master-planned community, although a separate CDP, has a Penn Valley postal address, and is sometimes considered part of the general Penn Valley community. History The community may be named for Madame Penn, the original owner of the town site. Geography Penn Valley is located at (39.198214, -121.188965). According to the United States Census Bureau, the CDP has a total area of , all of it land. Demographics 2020 The 2020 United States census reported that Penn Valley had a population of 1,593. There were 665 housing units. There were 478 households. 2010 The 2010 United States Census reported that Penn Valley had a population of 1,621. The population density was . The racial makeup of Penn Valley was 1,434 (88.5%) White, 9 (0.6%) African American, 34 (2.1%) Native American, 23 (1.4%) Asian ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
