Community Banks - Northern California
Delivered August 7, 2019. Contributor: Shannon L.
Goals
To identify the community (non-corporate) banks in Northern California and obtain a competitive landscape that shows the messaging, strengths, weaknesses, and products/services of each for purposes of identifying gaps that may exist in the market.
Early Findings
Preliminary research indicates there are nine community banks in Butte, Glenn, Tehama, and Shasta Counties in California. These are as follows.
- Members 1st Credit Union — Redding, California (Shasta County)
- Golden Valley Bank — Redding and Chico, California (Butte and Shasta Counties)
- Northern California National Bank — Chico, California (Butte County)
- Sierra Central Credit Union — Anderson, Chico, Oroville, Paradise, Red Bluff, Redding, Willows, California (Butte, Glenn, Tehama, and Shasta Counties)
- Plumas Bank — Fall River Mills and Redding, California (Shasta County)
- Cornerstone Community Bank — Red Bluff and Redding, California (Tehama and Shasta Counties)
- Colusa-Glenn Farm Credit — Willows, California (Glenn County)
- Golden 1 Credit Union — Chico, Redding, California (Butte and Shasta Counties)
- Banner Bank — Chico, Corning, Red Bluff, Redding, California (Butte, Tehama, and Shasta Counties)
Proposed next steps:
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