Lanco Exchange specializes in 1031 exchanges, holding proceeds from real estate sales in escrow until clients are ready to reinvest. Every transaction it handles carries high stakes, often representing a client’s largest asset. For Lanco, security and service are nonnegotiable, and that’s what it expects from its bank. With Banc of California, Lanco found a team that understands the value of precision, protection and trust.
“Our clients need to be able to trust us with their deposits, and Banc of California is a name they can trust.”
Lisa Feist
Director of Operations, Lanco Exchange Services
Challenge
Lanco Exchange manages large, time-sensitive wire transfers on behalf of clients with significant tax and investment implications. Their business requires advanced fraud detection, seamless service and full FDIC protection. Anything less than reliable, responsive banking could undermine client confidence and introduce risk. Finding a banking partner that could deliver this level of precision, reliability and service was critical to protecting client trust and maintaining Lanco’s reputation.
Solution
Banc of California delivered a banking relationship built for precision and accountability. From day one, Lanco Exchange gained access to a dedicated team, consistent points of contact and proactive fraud monitoring tailored to the complexity of the business. With expanded FDIC insurance coverage and hands-on service, Banc of California helps ensure every transaction is handled with the same care and urgency Lanco provides to its clients.
Results
With every transaction, Lanco Exchange delivers a promise of security. Banc of California helps keep that promise by combining behind-the-scenes fraud detection with personalized service and advanced deposit protection. The relationship enables Lanco to scale its business, meet client expectations and build trust that lasts far beyond a single exchange.
When you’re building a business, you need a bank with the strength, expertise and commitment to tailor solutions to your unique needs.
At Banc of California, we deliver on all three: financial stability that instills confidence, industry expertise that provides a strategic edge and premier relationship banking with personalized solutions designed to grow and manage your business.
Banc of California — Where Relationships Matter.