Free Financial Education Classes are offered at:

OnePacific Coast Foundation

1438 Webster St., Ste. 101

Oakland, CA  94612

Classes for individuals:  Tuesdays 9:30-11:30am, 12:30-2:30pm, 4:30-6:30pm

OneCAL SAFE (Checking and Lifetime Savings Accounts with Financial Education) is an initiative of OneCalifornia Foundation, which in partnership with Bay Area non-profit organizations, works to provide low-income individuals and emerging small businesses with access to financial education and fair banking services.  Call 510.663.2253 x301 to register for a class.

Saturday, October 22, 2011 from 9:00-4:00pm

UC Hastings College of the Law,

Snodgrass Hall, 198 McAllister St.

San Francisco, CA

Don’t miss this opportunity for a free, private consultation on financial issues that matter to you with experts from the Financial Planning Association and highly qualified certified financial planner professionals. There will also be workshops on a variety of financial topics throughout the day.  Stay as little or as long as you’d like.  It’s all free!  Register for free at:  www.financialplanningdays.org/SanFrancisco or 1.877.861.7826.

September 27, 2011 from 5:30pm to 8:30pm
Yerba Buena Center for the Arts
701 Mission Street
San Francisco, CA 94103
http://tasteofmicrofinance.eventbrite.com/

New Loan Program to grow Nonprofit Organizations and Small Businesses

One PacificCoast Bank is now offering loans for nonprofits and businesses to help grow small enterprises. Business and Nonprofit Builder loans are from $5,000 to $25,000 and can be used to refinance business debt, purchase equipment, finance inventory and accounts receivable, tenant improvements, or other working capital needs. Loans cannot be used to repay personal debt.

Existing nonprofits or businesses with over three years of operations and profitability in the past year can apply. Loan terms range from two to four years and payments are made in monthly principal & interest installments. Collateral is required and there is a $100 application fee. For more information, please contact Cara Wick at 510.550.8431 or email cwick@opcb.com.

We are excited to be one of the few banks that provide loans to nonprofit organizations in the Bay Area!

New Fair & Manageable Alternative to Payday Loans

Seeking Partners for Pilot Alternative to Payday Loans

One PacificCoast Bank is excited to announce its pilot of a new alternative to payday loans: the Pal loan. This program will allow individuals to borrow from $500-$1000 dollars to cover an unexpected expense and pay it back in small monthly installments of 8-12 months. This loan is intended to provide a manageable alternative to expensive payday and car title loans that often keep people trapped in debt cycle.

In addition to the loan itself, this program can help build credit, includes financial tips and tools, and provides incentives to save. Our optional Automatic Payment and Savings program includes an immediate $25 incentive that gets deposited into a new free savings account for the borrower. Upon repayment, the same monthly amount will automatically transfer into their savings account each month until/unless the former borrower cancels it.

The program meets or exceeds the FDIC’s guidelines for small dollar loans, with an interest rate of 18% and a $30 financed loan origination fee. This fee is incorporated into the monthly loan payments; it is not paid up front.

The program launched on July 15th 2011 with four partner employers, and One PacificCoast Bank is seeking additional local employers to partner with us. Participating employers will let their staff know that the loan is available, will help them with application questions, and will provide employment verification. There are no fees or financial risks to the employer.

Employer requirements (for-profit or non-profit):

* 25 or more employees
* Most employees are year-round, not seasonal
* Offer direct deposit of payroll to employees

Interested employers should contact Erin Kilmer Neel at One PacificCoast Foundation, ekilmer@onepcf.org or 510.663.2253.

For more information about One Pacific Coast Bank,FSB, go to http://opcb.com. Member FDIC. Equal Housing Lender. CDFI Certified Bank.

People’s Federal Credit Union is currently offering free credit report reviews. Make an appointment to receive a copy of your credit report and meet one-on-one with a trained credit coach. Credit coaches can answer questions and help you to make a plan to rebuild your credit. For more information, contact the People’s Federal Credit Union at 510.267.0450 x305, para espanol x307 or stop by at 1432 7th St. Oakland, CA 94607 across from the West Oakland Bart Station.

Direct Public Offerings (DPOs) -  A revolutionary approach to raising money in challenging times without Angels, VCs, or Banks

Friday, October 29th
11:30am PT
2:30pm ET

 Register here!

Presented by
Jenny Kassan, CEO, Cutting Edge Capital
Jason Gore, Partner, Green Ladder Funding
________________________________________

 The initial presentation of this topic on 9/27 in Berkeley was so popular that we decided to offer it again for those who couldn’t attend and those who just want more!
_____________________________________________
A Direct Public Offering is a process for companies -
but especially green, sustainable, and other value-driven companies - to raise capital from like-minded investors.

Most entrepreneurs seek financing from banks, VCs, and angels. While these funding sources can work for some companies, they can also be problematic (we’ll briefly discuss why at this event).

There’s a better way. In this knowledge-packed event, you will learn how to raise money using a little-known set of state and federal laws which allow companies to advertise and market offerings directly to the public.

Just as the Obama campaign illustrated that it is possible to raise millions from individuals rather than relying on large corporate donors, entrepreneurs are using Direct Public Offerings to raise large sums from many small investors.

The ability to advertise directly to the public makes it possible for both startups and existing companies to reach affinity investors and raise money faster and cheaper than resorting to banks, angels, or venture capitalists, while staying true to their mission and values. And the best part is that you maintain control of your company and the funding process.

In this 1-1/2 hour webinar, with time for Q&A, you will learn practical rubber-meets-the-road tools to:
• Reach a new, untapped pool of high-probability investors
• Structure your deal with 3 insider tricks-of-the-trade you won’t learn anywhere else
• Close investors in 5 working days by making an investment offer that investors can’t refuse

If you have a green, sustainable, or triple-bottom line business, and need capital to implement or expand it, this webinar may reveal a new avenue for you to successfully raise capital.

The Joyce Gordon Gallery commemorates its 7 Year Anniversary and the official launch of its Youth Art Alliance in a dynamic and unique 7 Day Arts Celebration, this September 10-16th.

“7 in September” kicks off with a gala and silent auction hosted by Mr. Geoffrey Pete, and live fashion shoot by RenegadePR. The following days include an Art and Youth Fair to showcase the features of our Alliance, continues to Sankofa Institute’s Jazz Festival that includes Destiny and S.O.N.G. and a Spoken Word evening produced by Hot Water Cornbread. The exciting lineup includes Healing Arts, Film Festival and it closes with a party at Maxwell’s Lounge hosted by Soul Therapy.

Joyce Gordon Gallery
Gala and Art Auction
hosted by Mr. Geoffrey Pete

September 10, 2010

7:00 pm Silent Auction Opens
10:30 pm Silent Auction Close

406 14th St. Oakland, CA 94612
510.465.8928

We at OneCalifornia Bank are excited to announce that we are leaders in providing SBA loans to Bay Area small businesses, according to the U.S. Small Business Administration.  Thanks to our SBA team, led by Robert Gebauer, the amount of lending for our small size and young age is amazing.

 In the first nine months of the fiscal year 2010, out of the 80 banks in the San Francisco SBA District Office, OneCalifornia Bank was 6th in terms of number of loans and 10th in number of dollars lent for the nine month period between October 1, 2009 and June 30, 2010*. We generated a total of $5.75 million in loans during this time. In fact, we lent more dollars than Citibank, Bank of America, Bank of the West, and JPMorgan Chase in this district.  Pretty impressive considering we’ve only been around for 3 years and their assets are on substantially larger than ours!  We look forward to having them join us in increasing the amount of loans being made to our local small businesses.

We are proud to be able to help many businesses in stay in operation (and grow!) during hard times, and in turn help retain and create jobs in our local community.  This is what our work is all about - strengthening our local economy to benefit community members of all income levels, races and walks of life.  You support our clients every day without knowing it, from a Hispanic bakery in San Pablo to a recycling retail business in Oakland, to a restaurant in San Francisco.  Thank you for supporting us in this work!

For enlightening facts about how small banks across the country are helping our communities, see this article in last month’s newsletter.

*for 7a loans

The results are in: OneCalifornia Bank was voted Best of the East Bay for Best Community Bank!  Thank you to all our fans and supporters who voted for us.

Check out all the other Best of the East Bay winners in today’s East Bay Express: http://www.eastbayexpress.com/general/flash/07-14-2010/

And don’t forget to come to the Best of the East Bay party on August 6th at Jack London Square!  This year’s party will be at Jack London Square waterfront from 5-11PM.  The event is free and open for all ages, and features multiple bands, a kid’s zone, and a Blues Pavilion, paying tribute to the blues history of Russeel City in Hayward and 7th Street in Oakland.  For more details and ongoing updates, including updates of the band lineup for the evening, please visit www.EastBayExpress.com/BOEBParty

OneCalifornia Foundation will be running the bar, so make sure to stop by and say hi!  If you’re interested in volunteering with us at the bar, make sure to let us know–details are posted here.

UPDATED: for more information on the Best of the East Bay Party, check out the article in this week’s edition of the East Bay Express.