Plumas Bancorp announced on January 15, 2025, that its Board of Directors has appointed Kevin Foster as a director of the company. Additionally, Mr. Foster will also serve as a member of the Board of Directors of the company’s wholly-owned subsidiary, Plumas Bank. As of now, Mr. Foster has not been appointed to any committees of the company’s Board of Directors.
In his capacity as a director of Plumas Bancorp, Mr. Foster will receive the standard compensation provided to non-employee directors, which was most recently outlined in the company’s Definitive Proxy Statement submitted to the Securities and Exchange Commission on April 4, 2023. This information is integrated by reference into the current report.
Along with the appointment announcement, the company also submitted an Interactive Data File as part of the filing.
As per the signature section of the filing, the report was signed on behalf of Plumas Bancorp by Richard L. Belstock, the Chief Financial Officer, on January 17, 2025.
The company provided an exhibit index listing the press release dated January 17, 2025, and the Cover Page Interactive Data File.
This 8-K filing serves as an official notification of Kevin Foster’s appointment as a director of Plumas Bancorp and provides relevant details surrounding this recent development in the organization.
This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Plumas Bancorp’s 8K filing here.
Plumas Bancorp Company Profile
Plumas Bancorp operates as the bank holding company for the Plumas Bank that provides various banking products and services for small and middle market businesses, and individuals in Northeastern California and Northwestern Nevada. The company accepts various deposits, such as checking, money market checking, business sweep, public funds sweep, savings, time deposit, and retirement accounts.
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