Banc of California is excited to partner with the Los Angeles Football Club 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.
“Today’s announcement of Banc of California Stadium builds upon the bank’s demonstrated commitment to Los Angeles and its diverse communities – continuing to raise the bar for responsible corporate community engagement in Los Angeles. Banc of California Stadium will create jobs, attract investment and increase access to opportunity throughout the region. This partnership supports our enduring commitment to California and its communities.”
- Steven Sugarman
Chairman, President and Chief Executive Officer, Banc of California
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 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.
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 ›
ALSO BY JOE MATHEWS:
WHAT IT MEANS TO BE 'CALIFORNIA’S BANK' ›
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