timberland boots sale women businesses respond to North Bay fire recovery
Helena and Napa stores for Friday, Oct. 27, and Saturday, Oct. N., Petaluma CA 94952
Redwood Credit Union’s North Bay Fire Relief Fund has been established by RCU Community Fund, in partnership with Redwood Credit Union, Senator Mike McGuire, and The Press Democrat. RCU is paying all administrative costs, so 100 percent of your tax deductible donations will aid fire victims and relief efforts. Donors can choose to designate their support to all four counties impacted (Sonoma, Napa, Mendocino or Lake), or they can choose to support an individual impacted county.
Contributions to the fund may be made securely online via credit card or checks can be dropped off and made payable to the RCU Community Fund (with “2017 North Bay Fire Relief” in memo line along with a note of “All” or the designated affected county the donation will support). Box 6104, Santa Rosa, CA 95406.
Mechanics Bank pledges donation, loans
Mechanics Bank today on Oct. 24 committed $250 million in loans to help with the recovery and rebuilding of Napa Valley and Sonoma County communities impacted by the recent fires, and pledged an immediate $50,000 donation for relief to families that have suffered.
“Although the majority of Napa and Sonoma were untouched by the fires, the degree of devastation in the affected areas is just stunning,” says Carl Webb, chairman of the 112 year old community bank. “Seeing firsthand the pain and loss that has been inflicted on our neighbors, our hearts go out to them. We are committed to taking an active role in their full recovery and in rebuilding. To that end, we have allocated a quarter of a billion dollars of our balance sheet specifically for this effort.”
The bank is working with officials, community groups and business leaders to tailor the loan program, according to a spokesperson. The loans are expected to feature more favorable pricing than our regular loan programs and a streamlined approval processes.
“Mechanics Bank has a long history of working with our communities from the Great Depression to earthquakes,” says Michael Downer, vice chairman and great grandson of the bank’s founder. “I’ve lived in Napa for nearly 30 years and feel lucky to call it home. Our family roots are now four generations in Napa and Sonoma with customers, friends and employees. While the losses are heartbreaking, our community is resilient and will rebuild. We will be here to help individuals, small businesses, and non profits today, tomorrow and in the future.”