President’s message, Spring 2015
Working to enhance financial literacy in our communities
Like others in our communities, RVCB team members get involved with and support many worthy local service clubs, non-profits, churches and other groups that enhance the quality of life where we live and work. Over the past year, our Bank has taken on a leadership role in working with local educators, civic leaders, business professionals and other community members in the Grass Valley, Yuba/Sutter and Colusa County areas in bringing the Junior Achievement program to our local schools. For those that are unfamiliar, Junior Achievement (JA) is a long established 501(c)3 non-profit organization that focuses on bringing financial literacy, entrepreneurship and workforce readiness programs to K-12th grade youth. JA does a great job in designing grade appropriate activity based programs that provide youth with tools and concepts to help them become self reliant, thriving members of our community.
How the JA program works
JA’s programs are developed in partnership with educators so they reinforce and supplement grade specific classroom instruction. JA provides program content in the form of an instructional kit (see example pictured on page 3 of this newsletter) to the volunteer who facilitates the JA program for the selected grade and class. The volunteer brings the program to life by sharing their own personal career experiences as they facilitate the JA program and activities. A JA classroom program will typically be delivered over five 45-60 minute sessions which are coordinated with the teacher who is always present during the sessions. Speaking from my own personal experience, volunteering to facilitate a JA classroom program is extremely rewarding.
Junior Achievement has world wide reach and has been operating in Sacramento since 1961 – now is the time to establish the program in our local schools as the need is significant
. If you have interest in learning more about JA, please visit the JA of Sacramento website at www.jasac.org
. If you think you would be interested in volunteering in the classroom or sponsoring our local programs through a financial donation, please contact Amanda Connell in our Grass Valley office or me directly in our Yuba City office.
Switching gears back to our Bank…
As you may have seen in our First Quarter earnings press release issued on April 16th we are off to a great start to 2015! The Bank ended the quarter with total assets of $224.2 million representing a 28.3% increase from 1Q 2014 and our earnings of $340,574 were up 53% from the year ago period. We continue to make solid progress in Grass Valley as well as our Yuba/Sutter markets – progress realized through solid execution by our team members. For more detail on our first quarter results, see the full earnings release on the back page of this newsletter. As always, please let us know of any new customer referrals you may have for us to follow up with – and thank you for your continued support of RVCB!
John M. Jelavich, President & Chief Executive Officer