Funding the engines of growth and strengthening California’s economy.
In 2010, Banc of California was a dream in the minds of a small group of Southern California’s leading business owners and investors. This group of dreamers understood the lasting damage to California’s economy that would result from the bank failures that occurred during the Great Recession of 2008–2010. Businesses and homeowners alike were cut off from credit. Businesses began to shrink and close and an untold number of jobs were lost. Homeowners saw the value of their homes decline and many found themselves owing more than their homes were worth. The California Dream was damaged and fading.
We recognized the need for a bank focused on California, its businesses, its homeowners and its communities. We aspired to replace the over $35 billion of bank lending to California’s private businesses that had evaporated during the crisis. To that end, we recapitalized one of California’s oldest banking franchises that had served the region since
An award-winning standard, and proud to serve California.
As Banc of California grows, so too does our level of commitment and service to the diverse population of California. We're proud of the acknowledgment of our commitment to our communities and the awards we've received for our enduring partnerships with our clients and customers.
Our latest awards:
Empowering California Through Its Diverse
Our 1,700 professionals service over 90,000 deposit and lending accounts from over 100 banking offices throughout California and across the West. In 2015, Banc of California funded more than 15,000 loans to Californians, and today, we are recognized the fastest-growing publicly traded U.S. bank over the past five years by Bloomberg and have been named to Fortune Magazine's Top 100 List of Fastest-Growing Companies for the third consecutive year. We are also ranked as the seventh fastest-growing company over the past year, earning a spot for the first time on the Fortune Top 10 list of Accelerators and one of the Fastest Growing Public Midsize Companies headquartered in Orange County, California.View Locations
Investing in California
For each dollar of deposits, Banc of California lends over one dollar to diverse businesses, entrepreneurs and homeowners. With each of these transactions, we are funding the engines of growth and strengthening California’s economy and communities.
We are reaching out to proven leaders and local causes with a commitment to building stronger communities through affordable housing and home ownership, financing small businesses and financial literacy education.Community Development
Banc of California continues to make strategic investments in its technology, systems and people. While much progress has been made, much more will be accomplished. Through our focus on operational excellence, superior analytics, and cultivating a culture of California entrepreneurialism, we are building a higher standard of banking.
Our 2016 CEO Letter to Shareholders shows how
Banc of California has grown to more than $10 billion in assets, as we continue on our mission, empowering California through its diverse businesses, entrepreneurs and communities.
Revisit some of 2015’s community events and company highlights featuring Banc of California's employees, clients, investors and community partners.