Banc of California, Inc. (BANC-PF)

Overview

Banc of California, Inc. serves as the parent company for Banc of California, a comprehensive banking institution dedicated to providing a wide range of financial services primarily within the state of California. Since its inception in 1941, the company has focused on catering to the needs of small and middle-market businesses, venture capital firms, non-profit organizations, business owners, entrepreneurs, professionals, and high-net worth individuals. Operating with a strong commitment to meeting the diverse financial requirements of its clientele, Banc of California, Inc. is headquartered in Los Angeles, California, standing as a significant player in the regional banking sector.

Products and Services

• Deposit Products

  These include a variety of accounts such as checking, savings, money market, demand, and time deposits, along with certificates of deposit and retirement accounts. The bank also offers safe deposit boxes, catering to the secure storage needs of its customers.

• Real Estate Loans

  Banc of California provides funding to professional developers and real estate investors focused on the acquisition, construction, refinancing, renovation, and ongoing operation of commercial real estate properties. This includes commercial real estate mortgage, residential real estate mortgage, and loans for real estate construction and land.

• Commercial Loans and Leases

  The bank offers a range of commercial financing options, including equipment finance, other asset-based loans, venture capital, secured business loans, warehouse loans, and other lending services tailored to meet the diverse needs of businesses.

• Small Business Administration Loans

  These loans are designed to support small businesses in their growth and operational needs, offering an essential resource for small business owners seeking financial assistance.

• Consumer Loans

  Banc of California provides a spectrum of consumer loans, including personal loans, auto loans, home equity, and revolving lines of credit. These products are designed to meet the personal financing needs of individuals.

• International Banking and Multi-State Deposit Services

  In addition to its comprehensive suite of domestic banking services, the company offers international banking and multi-state deposit services, catering to the broader needs of its clients operating on a global scale.

• Asset and Investment Management Services

  For clients seeking to manage their assets and investments efficiently, Banc of California provides asset and investment management services, offering expertise in managing wealth and investment portfolios.

• Cash and Treasury Management Services

  These services are aimed at assisting clients in managing their cash flow and treasury operations efficiently, essential for the smooth operation of businesses and organizations.

• Online, Mobile, Remote Deposit, and Telephone Banking Services

  To accommodate the digital banking needs of its customers, Banc of California offers a comprehensive set of online, mobile, remote deposit, and telephone banking services, facilitating convenient banking transactions and account management.