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 Nonprofits to Make a Difference
Robert Arellanes
CEO - LEARN
Providing support for a community leader.
The LEARN mission and actions are guided by their core values, starting with a firm belief that all children—and their families—can thrive through constant support and guidance, and strategic partnerships. LEARN has provided services to nearly 200,000 elementary and high school students, some who have returned as employees to assist students in the school districts they themselves came from.
The COVID-19 pandemic initially forced LEARN to lay off about 250 employees. However, Banc of California helped LEARN apply for a Paycheck Protection Program Loan quickly, to obtain fast funding. This much-need assistance allowed them to rehire all their employees and, more importantly, connect with their students and continue support through distance learning.
About LEARN
LEARN (Learning Enrichment & Academic Resources Network) was founded in 2004 with a mission to provide educational resources for students and families in need. This passion grew out of a desire to help other families and students see their own potential and to help them navigate toward college and a career path beyond high school.