Banc of California boosts LA businesses with $1M donation
August 11, 2025
The L.A.-based bank donated $1 million last week to Steadfast LA, a nonprofit working to rebuild the region’s economy after the devastating Eaton and Palisades fires. The gift was used to launch Steadfast’s Small Business Initiative, which is providing direct grants of up to $50,000 to independent businesses operating in Altadena, Malibu and the Pacific Palisades — areas that were hit hard by the wildfires.
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