Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Neighborhood National Bank asks San Diego Community Power to consider up to $10 million deposit
Summary
At the March 20 meeting of the Finance and Risk Management Committee, Scott Andrews of Neighborhood National Bank asked San Diego Community Power to consider placing up to $10 million in reserve deposits with his CDFI, saying funds would be FDIC-insured and offered at a competitive rate.
Scott Andrews, president and CEO of Neighborhood National Bank, used the public comment period at the Finance and Risk Management Committee meeting on March 20 to renew a request that San Diego Community Power consider placing deposit reserves with his institution.
"We visited the committee several months ago to inquire and express our interest in serving as a depository for San Diego Community Power,"…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
