California BanCorp (BCAL)

Overview

California BanCorp operates as the holding company for Bank of Southern California, N.A., providing a range of financial products tailored to individuals, professionals, and small-to medium-sized businesses. Initially known as Southern California Bancorp, the company underwent a name change to California BanCorp in August 2024. Founded in 2001, California BanCorp has its headquarters in San Diego, California, and extends its services through branches spread across San Diego, Orange, Ventura, Los Angeles, Riverside counties, and the Inland Empire region.

Products and Services

• Checking, Personal and Business Savings, and Money Market Accounts

  California BanCorp provides various account options for managing finances seamlessly, including checking accounts, savings accounts for personal and business purposes, and money market accounts to earn interest on balances.

• Certificates of Deposit

  For those looking to invest their savings with fixed interest rates over different term periods, the company offers certificates of deposit.

• Home Equity Lines of Credit and Business Loans

  The company caters to personal and business financing needs with home equity lines of credit, business loans, and lines of credit, enabling borrowers to fund major purchases or business activities.

• Commercial Real Estate and Construction Loans

  It provides financial solutions for commercial real estate purchases and construction projects, offering loans tailored to each project's needs.

• Small Business Administration Loans

  Supporting small businesses with government-backed financing, California BanCorp offers SBA loans to help businesses start, grow, and expand.

• Letters of Credit

  The bank provides letters of credit to facilitate international trade by guaranteeing payment to the seller upon compliance with specified terms.

• Personal and Business Credit Cards

  With a range of credit card options, customers can manage cash flow, make purchases, or earn rewards on everyday expenses for both personal and business use.

• Cash Management Services
  • Cash Vault, Sweep Accounts, and Remote Deposit Capture Services

    Offering advanced solutions for managing business finances, including cash vault services, sweep accounts for optimizing interest earnings, and remote deposit capture for convenient check deposits.

  • Online and Mobile Banking Services

    California BanCorp provides secure and convenient access to banking services anytime, anywhere, via its online and mobile banking platforms.

  • Courier Service; Lockbox Services; and Merchant Services

    To further ease the banking experience, the company offers courier services for document and small parcel delivery, lockbox services for streamlined receivables processing, and merchant services for business payment solutions.