Banking

South Lake Tahoe has a wide variety of small businesses from jewelry to experiences on the lake. With the impact of the pandemic on their business this is a perfect season to think of them while doing your shopping.

Small Business Saturday is November 28, the annual day after Black Friday to highlight shopping at the places who are a part of the community. They are the businesses we go to when seeking donations for silent auctions or to provide food for fundraisers. They are invested in the well-being of the South Shore community and to keep them here we need to support them now.

If you went to the South Lake Tahoe branch of Bank of America on Wednesday, you may have found the doors locked and a sign on the window telling you they were closed until Monday.

A Bank of America representative, Colleen Haggerty, the SVP of media relations, told South Tahoe Now the bank plans on reopening Monday, April 27.

Discount brokers competing to drive client growth have been in a race to the bottom when it comes to fees. I for one believe this is a good thing. Yes, more people should have access to the financial markets at lower costs. That is a good thing. This could even be good as these firms may actually compete with traditional brick and mortar banks for new clients as well and bringing a higher level of banking experience to more people.

I like that the “Discount Brokers” have finally found the bottom $0.

Unfortunately, they are still in the business of making money, how though?

Many people do not get to see their loved ones as often as they would like. The holidays offer an opportunity to not only reconnect with and visit parents, grandparents and other loved ones, but to ensure that they are staying safe.

“If you are visiting your loved one and become concerned about their wellbeing, particularly if you suspect they may be a victim of neglect, self-neglect or abuse, please reach out for assistance,” said Laura Walny, Manager with the El Dorado County Health and Human Services Agency.

Tahoe Coalition for the Homeless (TCH) is grateful to Mechanics Bank for a corporate donation of $2500. Founded in 1905, Mechanics Bank provides personal banking, business banking, trust and estate services, brokerage and wealth management services throughout California. Merchants Bank invests in the same communities in which they live and work.

The Lake Valley Fire Protection District Board of Directors has appointed Brian Hogan as a board member-at-large, replacing the seat recently vacated by Robert Rossi.

Hogan is the Regional President for U.S. Bank's Central California and Northern Nevada Community Banking Region and has been employed with the bank for the last 25 years. As regional president, he oversees the banking groups in the region including Commercial, Retail, Business Banking, and Private Banking. He holds Bachelor of Science degrees in both Economics and Government from California State University Sacramento.

What is officially known as the Bijou Park Creek Watershed Restoration Project, or unofficially the Knight's Inn Project, will be brought before the South Lake Tahoe City Council to be approved during a special meeting on Tuesday, March 14 at 4:00 p.m.

The three phase, 850-acre project will be both an environmental and economic development project, something the City has been working on for several years.

A former member of both the Sacramento County Board of Supervisors and California State Assembly has been named the interim director of the El Dorado County Community Development Agency.

At the BOS meeting Tuesday, Roger Niello was appointed to fill the spot vacated when Steve Pedretti left the position for Placer County.

Niello begins his job November 2.

Before he went into public service, Niello managed the Niello Auto Group for
25 years until 1999.

The popular and long-time South Lake Tahoe business, the Cork & More, has sold. After almost 40 years of supplying wine, cheese, gifts and deli options to an adoring public, owners Jim and Kim Warlow have decided to retire. They were originally planning to close last Fall, but when potential buyers started to look into purchasing the store on Al Tahoe Blvd., the Warlows decided to hold off closure.

Escrow is expected to close around July 1 Jim said. After that, he's looking forward to enjoying Lake Tahoe's year round recreation from the slopes to the bike trails.

As I sat on the lawn in front of the historical Dangberg Ranch on Sunday, I smiled and imagined that South Lake Tahoe could have such a place.

The house that stands at the Dangberg Ranch, which is adjacent to the Park Ranch on Hwy 89 just north of Mottsville Lane, was home to a family that played an important role in the growth and shaping of the Carson Valley. They founded Minden, NV and established many businesses in the areas of banking, farming and a hotel. Dangberg Home Ranch Historic Park preserves this essential chapter in Nevada’s history.

South Lake Tahoe has a new credit union in town. Sierra Central Credit Union has opened their 17th Northern California branch behind the Red Hut Cafe near the corner of Ski Run Blvd and Highway 50. The new location will offer members a full service facility, as well as a walk-up ATM to meet all the financial needs of the local community.

Nicholas Abelow, a South Tahoe High graduate, has been named partner at Abelow, Pratt & Associates, LLP. He will be partnered with long time local financial advisor Roger Pratt.

To celebrate the new partnership, the Tahoe Chamber will have a ribbon cutting ceremony on Wednesday, February 11, 2015 at 4 p.m. There will be a cocktail party to follow until 6 p.m. at the office which is located at 595 Tahoe Keys Blvd Suite A-4 in South Lake Tahoe,

The news is still fresh and the whole story may not yet be known, but the tight knit community of South Lake Tahoe has been quick in it's offering of support to the family of Dejon Smith, the 14 year old whose body was found Saturday.

News of Smith's death has traveled quickly through social media and news outlets and people want to do something to help his family.

To The Community,

Thank you for your support of and confidence in the students, Board, faculty, staff, and leadership of Lake Tahoe Community College. We’d like to personally thank the South Lake Tahoe community for lending your support to Measure F, and for turning out this Election Day. This community’s four-decade-long involvement and interest in the college is what keeps LTCC going. You’ve supported your local community college, and we hope in the months and years to come, you’ll see firsthand the difference Measure F is making and will join us in celebrating its passage.

South Tahoe Now sent a questionnaire out to all of the candidates for Douglas County Sheriff. We will be posting them in the order received. This is the second of three to be received.

1. What do you see as the biggest challenge facing the Douglas County Sheriff’s Department?

The League to Save Lake Tahoe received a grant Monday from Wells Fargo and Company as part of a $3 million Wells Fargo Environmental Solutions for Communities grant program across 64 community-based nonprofits nationwide to help support land and water conservation, energy efficiency, infrastructure and educational outreach.

The Rahlves’ Banzai Tour hosted this winter at several Lake Tahoe resorts has a new sponsor. Bank of the West has signed on as the presenting sponsor of the downhill ski and snowboard event created by Daron Rahlves, considered among the most decorated American downhill and Super G skier in U.S. history. The tour spans four weekends from Feb. 2 – March 10 at four of Lake Tahoe resorts.

CARSON CITY – Democratic Rep. Shelley Berkley used a second Senate debate tonight to attack Sen. Dean Heller on issues ranging from Medicare to online poker legislation, while her Republican opponent took a more restrained approach in the hour-long discussion on public television.

The Tahoe Regional Planning Agency is pleased to welcome Tim Carlson as the new Presidential Appointee to TRPA’s 15-member Governing Board.
Carlson brings with him more than 40 years of government and business development experience to the non-voting seat on the Governing Board. His out-of-the-box business style has resulted in the development of many public/private partnerships and business-to-business joint ventures.