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Tri Counties Bank is a financial institution headquartered in Chico, California. It is a subsidiary of holding company TriCo Bancshares (NASDAQ: TCBK) headquartered in Chico, California. [ 2 ] The first branch opened in 1975 to serve the Butte , Glenn , and Tehama counties, from which the bank received its name. [ 3 ]
Nov. 2—Tri Counties Bank, in partnership with the Community Foundation of the North State, launched its annual scholarship program this week that is available for high school students in Yuba ...
The 2007–2008 financial crisis led to many bank failures in the United States. The Federal Deposit Insurance Corporation (FDIC) closed 465 failed banks from 2008 to 2012. [ 2] In contrast, in the five years prior to 2008, only 10 banks failed. [ 2][ 3] At the end of 2022, the US banking industry had a total of about $620 billion in unrealized ...
Aug. 29—Tri Counties Bank announced this month it has underwritten a small business academy hosted earlier this year by the Kern County Hispanic Chamber of Commerce. The Chico-based institution ...
Most recently, it bought Redding-based North Valley Bank in a deal announced in 2014. That gave it 22 offices, including branches in Roseville and Woodland. During the financial crisis, Tri Counties bought Granite Community Bank of Granite Bay and Grass Valley-based Citizens Bank of Northern California."
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The list excludes the following three banks listed amongst the 100 largest by the Federal Reserve but not the Federal Financial Institutions Examination Council because they are not holding companies: Zions Bancorporation ($87 billion in assets), Cadence Bank ($48 billion in assets) and Bank OZK ($36 billion in assets).
The bank was a wholly owned subsidiary of Citizens Bancorp and is insured by the Federal Deposit Insurance Corporation. The bank ceased operations on September 23, 2011 as ordered by the Federal Deposit Insurance Corporation. Customer accounts were transferred to Tri Counties Bank, Chico, California.
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