Quincy, Calif. (April 12, 2022)--Plumas Bank and the Independent Community Bankers of America (ICBA) are celebrating Financial Literacy Month in April and encouraging Americans to take control of their financial future by learning fiscally responsible habits and putting these lessons into practice.
According to the National Foundation for Credit Counseling (NFCC®) 78 percent of U.S. adults believe that despite what they already know about personal finance, they could still benefit from financial advice and answers to everyday financial questions from a professional.
“No matter where you are in your personal financial journey, having a strong foundation of financial principles and best practices for money management will help you avoid financial pitfalls and set you up for financial success,” commented Elizabeth Wainscoat, Plumas Bank business advisor and branch manager in Truckee, Calif. “As your trusted financial advisor, Plumas Bank is here to help you navigate the financial landscape with confidence when making financial choices that can affect your future.”
Often referred to as America’s favorite lenders, community banks are financial experts with a wealth of knowledge and local expertise that make them uniquely suited to help you reach your financial potential through assistance with:
- Budgeting to help you track income and expenses and build a plan to manage your finances, reach your financial goals, and create a nest egg.
- Saving and investing to help you assess appropriate savings and investment goals and vehicles based on how much, how accessible, or anticipated timelines.
- Using credit effectively to establish and maintain good credit so you can reap the benefit from this convenient and flexible form of payment without the consequences of mismanagement.
- Understanding debt load and available options like debt consolidation.
ICBA also offers financial literacy programs through community bank partners including Visa’s Practical Money Skills, the FDIC’s Money Smart initiatives and the Jump$tart Coalition for Personal Financial Literacy.
About Plumas Bank
Plumas Bank is a full-service community bank headquartered in Quincy, California. The bank operates fourteen branches: twelve located in the California counties of Plumas, Lassen, Modoc, Nevada, Placer, Shasta, and Sutter and two branches located in Nevada in the counties of Carson City and Washoe. The bank also operates three loan production offices located in the California Counties of Butte and Placer, and Klamath Falls, Oregon. 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.
The Independent Community Bankers of America creates and promotes an environment where community banks flourish. ICBA is dedicated exclusively to representing the interests of the community banking industry and its membership through effective advocacy, best-in-class education, and high-quality products and services.
With nearly 50,000 locations nationwide, community banks constitute 99 percent of all banks, employ more than 700,000 Americans and are the only physical banking presence in one in three U.S. counties. Holding more than $5 trillion in assets, over $4.4 trillion in deposits, and more than $3.4 trillion in loans to consumers, small businesses and the agricultural community, community banks channel local deposits into the Main Streets and neighborhoods they serve, spurring job creation, fostering innovation and fueling their customers’ dreams in communities throughout America. For more information, visit ICBA’s website at www.icba.org.