MOUNTAINSEED AND PLUMAS BANCORP ANNOUNCE SALE-LEASEBACK TRANSACTION

RENO, Nev., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Plumas Bancorp (Nasdaq: PLBC), the parent company of Plumas Bank, and MountainSeed are proud to announce a sale-leaseback deal valued at approximately $25.7 million. This transaction, which was completed on February 14, 2024, further exemplifies MountainSeed’s continued focus on sale-leaseback transactions and the advantages that this strategy affords community banks and credit unions.

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