TOGETHER WE WIN®
Banc of California and PacWest Bancorp announce transformational merger.
The combination will create the premier California relationship-focused business bank and
is expected to close in late 2023 or early 2024 subject to closing conditions.
Until then both banks should continue transacting business as usual.
Empowering Individuals to Make a Difference
PATRICIA APARICIO
Owner - Gigi's bakery and Café & La Mascota Bakery and CaféEmpowering Businesses to Make a Difference in California’s Communities
The family recently acquired La Mascota Bakery and Café, a neighborhood bakery in Boyle Heights with a rich history going back to 1952. They have converted the struggling restaurant into a thriving business. The newly refurbished bakery and café is well respected in the neighborhood and is making a large impact on the community. As Patricia explains, “The community has a lot of homeless shelters and churches who are reaching out to us for help. We give them bread. It comes out of our hearts. Our employees are kind to anyone coming in off the street. We help any way we can.” The relationship they have developed with their Banc of California team allows them to develop greater opportunities for their business, as well as the communities they serve.
About Patricia Aparicio
Francisco Aparicio’s family started the original Gigi’s Bakery and Café back in Cuba, eventually moving the business to Los Angeles. The 1992 Los Angeles Riots had a devastating effect on the bakery, leading to the temporary loss of the business. The Aparicio family worked hard to build the business back up to the success it has become today.