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Plumas Bancorp Director Terrance J. Reeson Retires After 40 Years of Service
PLBCPlumas Bancorp(PLBC) GlobeNewswire·2025-01-02 17:00

Core Points - Terrance J. Reeson retired from the Board of Directors of Plumas Bancorp and Plumas Bank after 40 years of service, effective December 31, 2024 [1] - Reeson was appointed to the Plumas Bank Board in 1984 and served as board secretary for over 30 years, participating in various board committees including Audit & Risk, Executive, and Governance & Compensation [2] - Chairman Daniel E. West acknowledged Reeson's significant contributions over the past four decades, emphasizing his impact on the organization [3] - Reeson expressed confidence in the current Board of Directors' ability to continue advancing Plumas Bancorp's strategic initiatives and enhancing community quality of life while driving shareholder value [3] Company Overview - Plumas Bancorp is a bank holding company headquartered in Reno, Nevada, and is the parent company of Plumas Bank [3] - Plumas Bank, founded in 1980 and headquartered in Quincy, California, is a locally managed community bank with 15 branch offices in Northeastern California and Northern Nevada, as well as loan production offices in California and southern Oregon [3] - The bank has an asset size exceeding $1.6 billion and is recognized as one of the top-performing community banks in the country [3]