Banc of California is excited to partner with the Los Angeles Football Club (LAFC) to build its new home, Banc of California Stadium, an open-air 22,000-seat stadium in the heart of Los Angeles. This world-class venue will host cultural, entertainment and culinary events that result in economic and social benefits for South Los Angeles and beyond.
“We are thrilled to partner with Banc of California, and we fully support their commitment to empowering the diverse communities and entrepreneurs of California. Banc of California Stadium will provide fans with a world-class sports and entertainment experience and create increased economic development within the local community.”
- Larry Berg
Lead Managing Owner, LAFC
Investing in the Future of South Los Angeles' Communities
Banc of California is committed to empowering California through its diverse businesses, entrepreneurs and communities. This includes investments in high-impact regional projects such as LAFC and Banc of California Stadium, partnerships with key non-profit 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 LAFC 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.
Banc of California is committed to expanding banking services available in South Los Angeles and will continue to grow its investment in community partnerships that have significant positive impact on future generations of Californians. These partnerships help provide economic growth, financial literacy education and affordable housing to diverse communities in underserved areas.
Syndicated columnist and fourth generation Californian Joe Mathews writes in his article, “South L.A. Doesn't Need Saving“, South L.A. is not a place apart. Today it sits in the center of the California story, embodying some of our greatest possibilities.” READ MORE ›
BANC OF CALIFORNIA STADIUM: Economic Impact
Job Commitment to Local Residents for Construction and Long-term Operations
in Tax Base For CA
Stadium Contractors to be Minority/Woman/Disadvantaged Individual/Veteran-owned Businesses