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Feb 19, 2020 | President's Corner
Recently, Mom called me regarding a suspicious-looking email from Citibank. The email said her password had expired and needed to be reset. All she had to do was click the link to change her password. Mom: “I received this email but don’t have an account at...
Jan 17, 2020 | President's Corner
I’m afraid to eat meat. Specifically, I’m afraid to eat meat substitutes such as Impossible Burgers and Beyond Burgers. To the surprise of my mom, I eat more vegetables than ever. However, I’m not sure what kinds of additives, if any, are included in these meat...
Dec 20, 2019 | President's Corner
The Sacramento Bee reported last month the State of California is projecting a surplus of $7 billion in the 2020-21 budget year. Meanwhile, in the morass known as Washington, D.C., the deficit is estimated at $1.1 trillion next year. In addition, California is...
Nov 22, 2019 | President's Corner
The Golden State Warriors just moved to a beautiful $1.4 billion arena in San Francisco. The younger members of the team are having trouble finding affordable housing near their workplace. I can’t blame them. According to the San Francisco Chronicle, one player grew...
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...
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...
