Wednesday, January 23, 2019

Amador CollegeConnect: American River Bank assists two local charities in securing $70,000 in grants from Federal Home Loan Bank of San Francisco’s AHEAD Program

Women’s Empowerment to receive $45,000, Amador College Connect to receive $25,000

(Sacramento, Calif. – January 22, 2019) -- American River Bankshares (NASDAQ-GS: AMRB) is pleased to announce the two local recipients of grants from the Federal Home Loan Bank of San Francisco’s AHEAD economic development grant program.  American River Bank sponsored and helped guide the two recipient organizations through the application process. This year’s recipients include Women’s Empowerment in Sacramento which will receive $45,000 to continue to develop and expand the use of their “Get A Job Kit” which helps program graduates successfully find employment and stay out of homelessness. The second grant recipient is the Amador Community College Foundation’s Amador College Connect which will receive $25,000 to support their apprenticeship program in culinary and hospitality arts at Jackson Rancheria Casino Resort. Graduates of the intensive eight-month program will earn a culinary arts certificate and guaranteed employment at the Casino.

“We are pleased to assist in securing $70,000 for two very worthy local charities in the Sacramento and Amador regions,” explained David E. Ritchie, Jr, President & CEO of American River Bank and President of American River Bank Foundation.

AHEAD grant recipients receive generous donations from FHLB San Francisco with help from American River Bank. L to R - Cecilia Miles, VP of Loan Operations and CRA Officer, American River Bank; Lisa Culp, Executive Director, Women's Empowerment; Craig Burman, Treasurer, Amador Community College Foundation; David E. Ritchie, Jr, President & CEO, American River Bank and President, American River Bank Foundation

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