Exchange Bank Partners with FHLBank San Francisco to Award Local Grant

Contact: Fabia Butler, Marketing & Community Relations Director
707.541.1496  |  Fabia.Butler@exchangebank.com

Santa Rosa, CA – (November 12, 2024) - Exchange Bank has partnered with the Federal Home Loan Bank of San Francisco (FHLBank San Francisco) and its AHEAD Economic Development Grant Program to provide a significant grant to The Committee on the Shelterless (COTS) in Petaluma.

COTS received a grant of $53,624 to support Mary’s Table Emergency Food Services Intern Program, a six-month internship for individuals who have experienced homelessness to learn culinary skills in COTS’ commercial kitchen. Participants will receive training, complete a food handlers' certification, and increase their employability with soft skills. 

The AHEAD program enables FHLBank San Francisco members like Exchange Bank to give a critical boost to local programs and projects that target pressing community needs and bring greater opportunity to underserved populations. “Exchange Bank is proud to participate in the AHEAD grant program, helping to make a positive impact in our local community,” said Troy Sanderson, President and Chief Executive Officer of Exchange Bank and past board member of COTS. “It aligns directly with the bank’s mission of supporting local underserved groups.”

AHEAD grants are awarded annually and delivered through the Bank’s member financial institutions to local community organizations for projects and programs that benefit lower-income and underserved communities. The Federal Home Loan Bank of San Francisco awarded $7.3 million in 2024 to support 84 nonprofit organizations dedicated to strengthening communities across Arizona, California, and Nevada. Delivered in partnership with its member financial institutions, FHLBank San Francisco's AHEAD Program has funded over $32 million in grants over the past two decades.

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About Exchange Bank
Headquartered in Sonoma County and founded in 1890, Exchange Bank is a full-service community bank with assets of $3.41 billion. Exchange Bank provides a wide range of personal, commercial, and trust and investment management services with 17 retail branches in Sonoma County, a retail branch in Roseville and Trust & Investment Management offices in Santa Rosa, Roseville, Marin County and Silicon Valley. The Bank’s legacy of financial leadership and community support is grounded in its core values of commitment, respect, integrity, and teamwork. Exchange Bank is known for its people who care about their customers, their company, and the communities where they live and work. Exchange Bank is a 19-year winner of the North Bay Business Journal’s Best Places to Work survey and a 13-time winner of the Best Bank of Sonoma County by the Press Democrat’s Readers’ Choice 2024 awards. Exchange Bank was named Best Consumer Bank by the NorthBay biz Magazine’s Best of the North Bay readers’ poll and Best Local Bank by The Petaluma Argus Courier People’s Choice Awards 2024. Exchange Bank is also a winner of the 2024 San Francisco Business Times Corporate Philanthropy award, and the Bohemian Magazine’s Best of the North Bay 2024 named Exchange Bank Best Business Bank and Best Consumer Bank. www.exchangebank.com

Member FDIC — Equal Housing Lender — Equal Opportunity Employer

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Pictured in photo:

Bottom Row: Rick Gorman, Exchange Bank Petaluma Branch Manager, Kevin McDonnell, Mayor of Petaluma, Janin Harmon, COTS Executive Chef

Middle Row: Amy Jolly, COTS Grants Specialist, Karen Shimizu, Assistant Director Community Development, City of Petaluma, Erin Krueger, COTS Director of Development

Top Row: Vanesa Valencia, Exchange Bank CRA Officer, Carissa Cooper, Community Development Partner, City of Petaluma, Fabia Butler, Exchange Bank Marketing & Community Relations Director