Posts Tagged ‘finance’

Nonprofit Builder & Business Builder Loans

Friday, August 26th, 2011

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!

Free Credit Reviews - When is the last time you checked your credit score?

Friday, August 26th, 2011

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.

A day of FREE financial planning-October 3

Thursday, July 23rd, 2009

The Financial Planning Association of the East Bay (FPA East Bay) is offering a free financial planning clinic in recognition of financial planning week. The clinic will be held at the Elihu Harris State Building in Oakland on October 3, 2009 from 10:00AM until 4:00PM. California State Controller John Chiang will be the keynote speaker. Other speakers include State Senator Loni Hancock, Assemblymember Sandre Swanson, Mayor Ron Dellums, and even our very own OneCalifornia Bank President and CEO Jeffrey Cheung! If you are interested in attending this event and taking control of your financial future, pre-register by emailing clinicregistration@yahoo.com. For more information on FPA East Bay and its events, click here.

Social Capital Markets Conference-September 1, 2, and 3

Thursday, July 16th, 2009

Social Capital Conference 2009 will feature 100 speakers addressing the problems that solely profit driven companies have created for our economy. This conference will focus on how having a double or triple bottom line can change America—for the better. “SoCap09 will bring together a unique mix of the world’s top social innovators–investors, donors, entrepreneurs, and thought-leaders, today’s leading catalysts of change from across the globe.” This three day conference will feature “two days of overview plenaries and deep-dive sessions and workshops, followed by a third day of participant-led sessions.” This year’s SoCap Conference will be held at Fort Mason Center in San Francisco. To learn more about SoCap 09 and how you can be a part of it, click here.

Financial Crisis 101

Wednesday, July 15th, 2009

Everyone understands that the economy is in a bad place right now. We all know that unemployment and foreclosures are at highs not seen in the past 25 years. But, the media, government, and financial industry rarely address the situation in terms the general public can understand. NPR’s This American Life gets it. In an episode available for free here, Alex Blumberg and Adam Davidson explain why taxpayers have no viable alternative to bailing out banks and how insolvency became an issue in the first place. Blumberg and Davidson simplify bank balance sheets and address three realistic solutions to the current crisis. This episode even mentions ways that some individuals are making an effort to reduce the amount of toxic assets out there. This is truly a great way to learn about what’s going on not only in your own neighborhood, but also in the world economy today. After listening to Blumberg and Davidson, you will have an opinion on what’s happening in the economy, and you may even know what financial experts are talking about when they’re interviewed on the news! 

If you like this, also check out other programs from these guys, including Giant Pool of Money (May 2008) about the mortgage crisis and relationship between housing and the economy, and their daily blog and podcast.