Setting the ‘Gold Standard’ for Corporate Community Development Activities
Banc of California is committed to empowering California through its diverse businesses, entrepreneurs and communities. As the largest independent bank in California with an Outstanding Rating for Community Development, Banc of California has been recognized by community groups, such as the California Reinvestment Coalition, as the "Gold Standard" for community activities.
Where You Bank Matters
Banc of California is one of America's fastest-growing banks and is one of the few banks focused exclusively on and invested in the future of California. For each dollar of
Banc of California will continue to grow its investment in community partnerships that impact future generations of Californians. Our partnerships help to provide economic growth, financial literacy education, affordable housing and expanded access to capital.
Our commitment to empowering California includes investments in high-impact regional projects such as LAFC and Banc of California Stadium, partnerships with key nonprofit and community organizations, and providing access to capital to small businesses and key community development financial institutions such as Clearinghouse CDFI.
Banc of California has been named the Official Bank of the Los Angeles Football Club and the LAFC Foundation. These strategic partnerships join the bank’s existing partnerships supporting Angelenos, which include the Partnership for Los Angeles Schools, USC Trojans Kids Corner, LA 2024, Los Angeles Conservation Corps, JVS Los Angeles, National Asian American Coalition, and Los Angeles Team Mentoring.
Through our partnerships with local universities, Banc of California has donated almost 100,000 sporting event tickets to at-risk youth who complete financial literacy education. Notably, Banc of California broke the Guinness World Record® for the World’s Largest Financial Literacy Education Event, with 5,964 students from at-risk
communities in attendance!
Expanding Our Banking Footprint
In 2014, Banc of California acquired the California branch network of Popular Community Bank to expand its footprint into the South Los Angeles and North Orange County markets. Banc of California is committed to serving California’s diverse communities to enable economic growth throughout the state and expanding access to the California Dream. “We believe that this customer base, including California’s fast-growing Latino market, represents some of our state’s greatest entrepreneurs and business owners and we intend to help them further realize their dreams,” says former Los Angeles mayor Antonio Villaraigosa.
“In my 25 years of community development experience, I have never before witnessed an organization with this level of commitment to community development.”
Executive Vice President
Banc of California
“We are not surprised that Banc of California, which negotiated in good faith with community organizations to set the gold standard in CRA plans, would also receive the highest rating by federal regulators. We hope other banks will follow Banc of California's lead.”
California Reinvestment Coalition