Sacramento region affordable housing projects will see $100 million in new financing, through a new effort from five community banks that’s spearheaded by the Greater Sacramento Economic Council (GSEC).
This is the first initiative by the newly formed Community Reinvestment Coalition, launched by the GSEC. GSEC CEO Barry Broome brought regional banking leaders from First Northern, Five Star Bank, River City Bank, Suncrest Bank and Bank of the Sierra together to form the coalition
New Regulatory Compliance Bulletins recently published covering the following issues: AB 175: Foreclosure: Eligible Bidders; AB 430: Debt Collection: Identity Theft; AB 948: Real Estate Appraisals; SB 657: Employment Posting: Electronic Documents
WBA President & CEO Steve Andrews has authored an opinion editorial regarding the recent proposal that sought to require banks and other financial institutions to report customer account data to the IRS as a means to bring in more federal tax dollars. The opinion piece was published in the Sacramento Business Journal.