CHICO, Calif.--(Business Wire)--
Tri Counties Bank issued a statement today regarding plans to accept
state-registered warrants (IOUs) from the State of California through July 10,
2009.
"To further assist our customers in avoiding potential financial hardship, we
will accept on a limited basis California state-registered warrants." In
addition, we will work with our customers on a case-by-case basis to address
short term needs through our existing products and services. Tri Counties Bank
will only accept state-registered warrants that are made payable directly to our
customers. We will not be accepting registered warrants from any third-party
sources.
The current State of California budget crisis is having an impact on
Californians in both the short and long term. We hope that by accepting these
IOU`s, we can support our customers while giving some additional time for the
state legislature to pass a budget. Our preference would be to see the state
budget impasse resolved without further delay.
We advise our customers who have questions to call us or come in to speak to us
regarding any of their financial concerns.
For further information about Tri Counties Bank, contact 1-800-922-8742 or visit
www.tricountiesbank.com.
TriCo Bancshares and Tri Counties Bank are headquartered in Chico, California.
Tri Counties Bank has a 34-year history in the banking industry. It operates 32
traditional branch locations and 25 in-store branch locations in 23 California
counties. Tri Counties Bank offers financial services and provides a diversified
line of products and services to consumers and businesses, which include demand,
savings and time deposits, consumer finance, online banking, mortgage lending,
and commercial banking throughout its market area. It operates a network of 64
ATMs and a 24-hour, seven days-a-week telephone customer service center.
Brokerage services are provided by the Bank`s investment services affiliate,
Raymond James Financial Services, Inc. For further information please visit the
Tri Counties Bank web site at http://www.tricountiesbank.com.
Tri Counties Bank
Nicole Johansson, 530-332-2333 (wk)
530-990-0383 (cell)
Marketing Manager
nicolejohansson@tcbk.com
Copyright Business Wire 2009
