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Bank of Napa Creates Earthquake Relief Fund

SEP 2, 2014 11:10am ET
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The Bank of Napa has established a relief fund for victims of the recent California earthquake, which was centered in the bank's local area.

Donations to the Bank of Napa Earthquake Relief Fund will be used in partnership with the Napa Valley Community Foundation's disaster relief fund, the $164.5 million-asset bank said Friday.

The foundation is currently trying to help connect donors with disaster relief projects that will help local residents, businesses and other nonprofits.

The 6.1-magnitude earthquake on Aug. 23 caused an estimated $500 million to $1 billion of damage to homes and businesses.

"Donations have already begun to come in, thanks to our customers, vendors and friends of the bank," Tom LeMasters, Bank of Napa's president and chief executive officer, said in a news release.

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