SACRAMENTO, Calif., May 28, 2015 (GLOBE NEWSWIRE) -- American River Bank, a subsidiary of American River Bankshares (Nasdaq:AMRB), announced today that its employees volunteered over 1,900 hours of community service in 2014, benefitting numerous organizations in the Bank's service area, which include: Sacramento, Placer, Amador and Sonoma counties. The announcement is accompanied by the release of American River Bank's 2014 Community Giving Report – Bankers with Heart.
The Community Giving Report showcases volunteer projects, community giving initiatives and the American River Bank Foundation year in review. Some highlights include:
- Nearly $18,000 was donated by Bank employees to the American River Bank Foundation and 100% of the donations were matched by American River Bank.
- $110,000 was granted to 12 Northern California organizations through the American River Bank Foundation.
- Through its Matching Grant Program, the Bank donated a total of $1,800 to nonprofit organizations on behalf of 10 employees.
- Each employee is allowed 40 hours of paid volunteer time per year as part of the Bank's Volunteer Program.
"The care and generosity of the American River Bank team never ceases to amaze me," said David Taber, President and CEO of American River Bank. "In our latest Community Giving Report, the hands-on contribution to the progress of our community is showcased and clearly displays why we've earned the nickname, Bankers with Heart."
To view the 2014 Community Giving Report or learn more about the programs found in the Community Report, visit www.AmericanRiverBank.com.
About American River Bank
American River Bank, a subsidiary of American River Bankshares (Nasdaq:AMRB), is a regional bank serving Northern California since 1983. We give business owners more REACH by offering financial expertise and exceptional service to complement a full suite of banking products and services. Our honest approach, commitment to community and focus on profitability is intended to lead our clients to greater success. For more information, call (800) 544-0545 or visit AmericanRiverBank.com.
Certain statements contained herein are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, which involve risks and uncertainties. Actual results may differ materially from the results in these forward-looking statements. Factors that might cause such a difference include, among other matters, changes in interest rates, economic conditions, governmental regulation and legislation, credit quality, and competition affecting the AMRB's businesses generally; the risk of natural disasters and future catastrophic events including terrorist related incidents; and other factors discussed in the AMRB's Annual Report on Form 10-K for the year ended December 31, 2014, and in subsequent reports filed on Form 10-Q and Form 8-K. AMRB does not undertake any obligation to publicly update or revise any of these forward-looking statements, whether to reflect new information, future events or otherwise, except as required by law.
CONTACT: Communication Contact: Samantha Leos Marketing Coordinator American River Bank 916-231-6731Source:American River Bankshares