Oct 24, 2019 | Alerts, Fraud
Our CEO recently received an email that looked like a legitimate email from someone asking for him to click a link to DocuSign to approve an invoice. He said it looked like it came from a cargo company that has been sending him emails (phishing) for weeks. DocuSign...
Oct 18, 2019 | Community, President's Corner
“…if you reflect back to when we opened our doors in October 1949, with only $1,211 in Assets and 34 Members.” – 1st Nor Cal Annual Report 2018 Humble beginnings. 34 members deposited an average $35.61 each to start what was then known as Contra Costa County...
Oct 8, 2019 | Alerts, Member Education
We’ve made some changes in Home Banking to better server our members. Here’s the details. Skip a Payment – Members can now process their own Skip a Payment (skip) on eligible loans within Home Banking! Members can skip twice a year (Jan-Dec) and six...
Sep 20, 2019 | President's Corner
It’s been fun to watch the national media get reacquainted with the term, “inverted yield curve.” An inverted yield curve is when the short-term bond yields are higher than the long-term yields. Logically, this doesn’t make sense because the longer the investment, the...
Aug 20, 2019 | President's Corner
America’s favorite crazy uncle H. Ross Perot died last month. Mr. Perot was best known for his colorful phrases. The movement of U.S. jobs to Mexico, he said, created a “giant sucking sound.” During his unsuccessful 1992 presidential campaign, he derided negative...
Jul 19, 2019 | President's Corner
The famous 19th century philosopher Soren Kierkegaard once said, “Life can only be understood backwards; but must be lived forwards.” He believed how we got to where we are today is based on the past. However, life cannot go on unless we live for the future....
Jun 21, 2019 | President's Corner
Occasionally, a 1st Nor Cal member gets frustrated because our business practices may come into conflict with member service. I’m sorry that happens, and if I could do anything about it, I would change that particular method of doing business. Unfortunately, we are a...
May 17, 2019 | President's Corner
Being a San Francisco Giants fan has been frustrating for the past five years since their third World Series championship in 2014. During the down years, Giants fans lower their expectations by rooting to beat their ancient rival, the hated Dodgers. Beating the Bums...
Apr 18, 2019 | President's Corner
As baseball season gets started, there is a renewal of the new advanced statistics that many believe will improve the quality of the game. OPS (On-Base Percentage plus Slugging Percentage) and Strikeout to Walk ratio have been around for several years, but new metrics...
Mar 18, 2019 | President's Corner
Last month, Walmart told their greeters their jobs would be eliminated. With all the talk about the economy creating full employment for anyone willing to work, it is especially disappointing Walmart made this decision. I started thinking about the other disturbing...
