American River Bankshares Could See Possible Treasury Investment
Nov 25th, 2008 | By Michelle Ventress | Category: BusinessAIG. Citigroup. Some business names send a chill down the collective spine of the American public. In such a time of uncertainty for businesses, especially banks the Federal government is stepping in to do what they think is best. Recently, the United States Treasury has approved a $6 million investment in Rancho Cordova’s American River Bankshares. This comes as part of the government’s plan to spur lending and revive the economy.
