SANTA ROSA, Calif.–(BUSINESS WIRE)–Exchange Bank (OTC: EXSR), in collaboration with the Federal Home Loan Bank of San Francisco (FHLBank San Francisco), is proud to announce an $800,000 grant awarded to the Dry Creek Rancheria Band of Pomo Indians that will support capacity building for affordable housing development. This funding, the largest grant Exchange Bank has ever delivered, will be used to support affordable housing initiatives for the Dry Creek Rancheria community.
Access to quality, affordable housing is essential for the well-being and stability of communities, and this grant represents a significant step toward addressing housing needs for the Dry Creek Rancheria Band of Pomo Indians. The funding will go toward developing sustainable and accessible housing solutions, ensuring that tribal members have a safe and secure place to call home.
“Exchange Bank is honored to partner with FHLBank San Francisco to support the Dry Creek Rancheria Band of Pomo Indians in their efforts to expand affordable housing,” said Shari DeMaris, Chief Operating Officer of Exchange Bank. “This initiative aligns with our longstanding mission to invest in the communities we serve and uplift underserved populations. We are proud to play a role in fostering stability and opportunity for the Dry Creek Rancheria community.”
The grant was made possible through voluntary funding from FHLBank San Francisco, which supports affordable housing and economic development in local communities across Arizona, California, and Nevada. Exchange Bank remains committed to building strong local partnerships that support affordable housing, economic development, and financial empowerment for underserved communities.
For more information about Exchange Bank’s community initiatives, visit https://www.exchangebank.com/about/community.
About Exchange Bank
Headquartered in Sonoma County and founded in 1890, Exchange Bank is a full-service community bank with assets of $3.30 billion. Exchange Bank provides a wide range of personal, commercial, and trust and investment management services with 17 retail branches in Sonoma County, a retail branch in Roseville and Trust & Investment Management offices in Santa Rosa, Roseville, Marin County and Silicon Valley. The Bank’s legacy of financial leadership and community support is grounded in its core values of commitment, respect, integrity, and teamwork. Exchange Bank is known for its people who care about their customers, their company, and the communities where they live and work. Exchange Bank is a 19-year winner of the North Bay Business Journal’s Best Places to Work survey and a 13-time winner of the Best Bank of Sonoma County by the Press Democrat’s Readers’ Choice 2024 awards. Exchange Bank was named Best Consumer Bank by the NorthBay biz Magazine’s Best of the North Bay readers’ poll and Best Local Bank by The Petaluma Argus Courier People’s Choice Awards 2024. Exchange Bank is also a winner of the 2024 San Francisco Business Times Corporate Philanthropy award, and the Bohemian Magazine’s Best of the North Bay 2024 named Exchange Bank Best Business Bank and Best Consumer Bank. www.exchangebank.com
About FHLBank San Francisco
The Federal Home Loan Bank of San Francisco is a member-driven cooperative helping local lenders in Arizona, California, and Nevada build strong communities, create opportunity, and change lives for the better. The tools and resources we provide to our member financial institutions — commercial banks, credit unions, industrial loan companies, savings institutions, insurance companies, and community development financial institutions — propel homeownership, finance quality affordable housing, drive economic vitality, and revitalize whole neighborhoods. Together with our members and other partners, we are making the communities we serve more vibrant and resilient.
Member FDIC — Equal Housing Lender — Equal Opportunity Employer
Contacts
Suzanne Knowlton, VP/Director of Marketing & Community Relations
Exchange Bank
PO Box 403
Santa Rosa, CA 95402
[email protected]
