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    First Community Capital, Inc. certified as a Community Development Financial Institution

    Jay Diallo, CEO and Founder of First Community Capital, Inc. welcomes certification as the first and only Community Development Financial Institution (CDFI) located in Southwest Riverside County.  First Community Capital serves Southern California and Arizona.

     

    (Inland Empire, Calif.)  The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has certified First Community Capital, Inc. as the first and only Community Development Financial Institution (CDFI) located in Southwest Riverside County.  First Community Capital serves Southern California and Arizona.

    Community Development Financial Institutions play an important role in generating economic growth and opportunity in some of our nation’s most distressed communities. By offering tailored resources and innovative programs that invest federal dollars alongside private sector capital, the CDFI’s take a market-based approach to supporting economically disadvantaged communities.

    CDFI’s can loan money at very attractive rates to help people buy homes, and small businesses.

    First Community Capital helps low – and moderate-income entrepreneurs who lack sufficient training and education to gain access to capital, thereby delivering long-term economic  strength to communities while helping small businesses become more resilient.

    “We often lend to borrowers that may not meet mainstream institutions’ underwriting criteria, helping to bridge the gap between conventional lending standards and the needs of hard-to-reach borrowers,” said Diallo.

    Before starting First Community Capital in 2019, Diallo was Vice President – Community Development Lending Officer at Pacific Premier Bank in Irvine, CA.  He also served as Executive Director – PPEP Microbusiness & Housing Developing Corporation (PMHDC), in Tucson, AZ.

    Diallo earned undergraduate at bachelor’s degree in political science with a Minor in Economics, from Westmont College in Santa Barbara.  He also earned a graduate degree in Banking from Pacific Coast Banking School in Seattle, WA.  His fields of emphasis included: Credit and Enterprise Risk Management, Bank Financial Statements, Bank Financial Tools, Dynamic Leadership, Analysis of Business Conditions, Sales and Marketing.

    First Community Capital is a nonprofit 501(c)3 organization and a certified CDFI governed by an independent board of directors. The board provides fiduciary and organizational oversight, ensuring it achieves its mission of growing businesses and strengthening underserved communities in California and Arizona. The directors are responsible for approving all lending policies and procedures as well as reviewing the financial and programmatic performance of the agency.

    For more information on First Community Capital, Inc. go to https://www.fccbi.org or call (951) 249-5767

    Board of Directors

    Jay Diallo, Chairman, President & CEO

    First Community Capital, Inc.

    Mark Davis, Vice President-BDO-PM 
    Canyon Community Bank

     

    Vincent McCoy, Vice President 
    Riverside County Black Chamber of Commerce

     

    Fatimoh Muhammed

    President & CEO – Wamufat International

     

    First Community Capital Locations

     California Locations

    Southwest Riverside County

    26111 Ynez Rd. Suite B30

    Temecula, CA 92591

     

    Inland Empire

    2060 Chicago Ave. Suite A13

    Riverside, CA 92507

     

    Los Angeles County

    879 W 190th St. Suite 400

    Gardena, CA 90248

     

    Southern Arizona Market

     

    Pima County

    8321 E Broadway Blvd #103

    Tucson, AZ 85710

     

    Maricopa County

    1510 W McDowell RD #4

    Phoenix, AZ 85007

     

    Yuma County

    8321 E Broadway Blvd #103

    Tucson, AZ 85710

     

    About First Community Capital Inc.

    Established in 2019 as an economic development nonprofit agency, First Community Capital has already made significant contributions in helping entrepreneurs to start and grow their small businesses. In leveraging our network of bankers, community development organizations and leaders, we have provided training, seminars, and workshops to about 200 small business entrepreneurs. We strongly believe that with each business financed and each job created and or retained, it represents a critical step in the transformation of a life, a family, and a community.

    -end-

     

     

    Hispanic Lifestyle Tags LaSalle Medical Associates

    Dr. Albert Arteaga, and wife Maria, receiving an award from the San Bernardino County Medical Society for outstanding contributions to the community. photo by Carl Dameron

    (Ontario, CA)  Hispanic Lifestyle recently named LaSalle Medical Associates, Inc. as a leading Latino Owned Business that has survived and thrived during the economic downturn.

    “Hispanic Lifestyle is pleased to recognize LaSalle Medical Associates as a business that not only survived the economic downturn but thrived,” said Richard Sandoval, president of Hispanic Lifestyle.

    “We are seeing the results of seven years of hard work coming to fruition,’’ says LaSalle founder and President Dr. Albert Arteaga, on his honor from Hispanic Lifestyle. “To me, as a Hispanic, this is like the Good Housekeeping seal of approval. On an emotional level, it’s like winning the battle of Cinco de Mayo, Bunker Hill and the World Cup at the last minute.”

    Since 2007, LaSalle has expanded its Independent Practice Association (IPA) of independently contracted doctors, hospitals and clinics, delivering high quality patient care to more than 170,000 residents of Fresno, Kings, Los Angeles, Madera, Riverside, San Bernardino, San Joaquin, Stanislaus and Tulare Counties.
    LaSalle’s IPA members in the Inland Empire include: LaSalle Medical Associates, Arrowhead Orthopedics, Arther Medical Group, Rancho Medical Group, Rancho Paseo Medical Group, Alessandro Medical Group, Banning Medical Group, and San Bernardino Urological Associates. Hospital affiliations include: Rancho Springs Medical Center, Arrowhead Regional Medical Center, Community Hospital of San Bernardino, St. Bernadine Medical Center, Mountains Community Hospital, Redlands Community Hospital, Loma Linda University Medical Center, Corona Regional Medical Center, Riverside County Medical Center, and Parkview Community Hospital.

    LaSalle Medical Associates, Inc., owns four clinics employing more than 120 dedicated healthcare professionals, treating about 40,000 children, adults, and seniors in San Bernardino County.

    LaSalle’s patients are primarily served by Medi-Cal and the insurance companies participating in Covered California, which is a program offering a state subsidy to middle class families for the health care coverage required by the Affordable Care Act. LaSalle also accepts private insurance policies offered by IEHP, Molina, Blue Cross, Blue Shield, compare motor trade insurance Care 1st, and Health Net and Medicare by Easy Choice Health Plan, Molina and Care1st Health Plans.

    Find a LaSalle clinic in Fontana at 17577 Arrow Blvd., in Hesperia at16455 Main St. and in San Bernardino at 1505 West 17th St. or 565 N. Mt. Vernon Ave.

    Dr. Albert Arteaga and wife Maria will be recognized for their achievements as part of
    Hispanic Lifestyle’s Business Expo and Conference luncheon on Wednesday, August 6, 2014 at the Ontario Airport Hotel in Ontario, California at 11:30 am.  The conference runs from 8:30 a.m. to 2:00 p.m.

    The all day conference and expo features presentations by Latino/Latinas Executives of Influence, a panel discussion on business matchmaking. The conference will be captured for distribution for Southern California PBS television stations and the Hispanic Network website.

    “The awardees were compiled from audience nominations and business profiles that have been featured on Hispanic Lifestyle,” said Richard Sandoval, producer of Hispanic Lifestyle.

    For more information call (951) 940-9099, email events@HispanicLifestyle.com or go online at http://www.hispaniclifestyle.com

    For more information on LaSalle Medical Associates call (909) 890-0407.

    About LaSalle Medical Associates
    LaSalle Medical Associates, Inc., operates four clinics employing more than 120 dedicated healthcare professionals, treating children, adults, and seniors in San Bernardino County.  LaSalle’s patients are primarily served by Medi-Cal and the insurance companies participating in Covered California, and they also accept Blue Cross, Blue Shield, Care 1st, Health Net.  LaSalle’s clinics are at 17577 Arrow Blvd. in Fontana, 16455 Main St. in Hesperia and 1505 West 17th St. and 565 N. Mt. Vernon Ave. in San Bernardino.

    LaSalle Medical Associates, Inc., is also an Independent Practice Association (IPA) of independently contracted doctors, hospitals and clinics, delivering high quality patience care with more than 170,000 patient visits per year in Fresno, Kings, Los Angeles, Madera, Riverside, San Bernardino, San Joaquin and Tulare Counties.

    LaSalle’s IPA members in the Inland Empire include:  LaSalle Medical Associates, Arrowhead Orthopedics, Arther Medical Group, Rancho Medical Group,
    Rancho Paseo Medical Group, Alessandro Medical Group Banning Medical Group, and San Bernardino Urological Associates.  Hospital affiliations include: Rancho Springs Medical Center, Arrowhead Regional Medical Center, Community Hospital of San Bernardino, St. Bernadine Medical Center, Mountains Community Hospital, Redland Community Hospital, Loma Linda University Medical Center, Corona Regional Medical Center, Riverside County Medical Center, Parkview Community Hospital.