Banc of California: Business Angel of the Year Honoree
March 30, 2026
The bank was recognized for its support of small businesses following the January 2025 wildfires in Los Angeles.
Banc of California, the largest independent bank based in Los Angeles, donated $1 million from its Wildfire Relief & Recovery fund to launch the Small Business Initiative with Steadfast LA, a nonprofit working to rebuild the region’s economy after the devastating Eaton and Palisades fires of January 2025.
The gift was used to provide direct grants of up to $50,000 to independent businesses— including retailers, restaurants, pharmacies, dentists and veterinary centers operating in Altadena, Malibu and the Pacific Palisades — areas that were hit hardest by the wildfires.
The Los Angeles Business Journal’s Business Angel of the Year award recognizes a for-profit organization for its ongoing support of one specific nonprofit or general cause. This includes volunteer time, fundraising and overall support.
MEDIA INQUIRIES
Corporate Communications
Deb Vrana, Chief Communications Officer
deb.vrana@bancofcal.com
213-999-4141
Jenn Saylors, SVP of Corporate Communications
jenn.saylors@bancofcal.com
213-338-8635