Banc of California Raises its Profile in Downtown Durham

Los Angeles — Aug. 27, 2025 — Banc of California is expanding its visibility in Raleigh-Durham with new rooftop signage at its office in downtown Durham, adjacent to the Durham Bulls Athletic Park. The signage, atop the 11-story office building at 555 S. Mangum St., will be visible from the stadium, which is home to the Durham Bulls Minor League Baseball team, as well as the Duke Blue Devils and North Carolina Central Eagles college baseball organizations.

Banc of California’s Durham office now employs nearly 100 team members in venture banking, IT, marketing and affordable housing. The bank’s increased visibility demonstrates its longstanding commitment to the Raleigh-Durham community, where it started as Square 1 Bank in 2005. Its tradition of corporate philanthropy in the region includes a $25,000 donation to flood relief in 2024, which the governor recognized on the state’s list of top donors.

“We’re honored to be part of Raleigh-Durham’s history and its future. Our decision to put our name on this building is not just about visibility – it’s about showing our commitment to local businesses, communities, and our colleagues and clients in this vibrant region,” said Jared Wolff, Chairman and CEO of Banc of California. “We look forward to supporting this area’s growth with the same dedication and personal service that define Banc of California.”

Banc of California, the third-largest bank based in California, has 80 full-service branches in California, Colorado and North Carolina and is one of the country’s leading relationship-focused business banks.  

About Banc of California, Inc.

Banc of California, Inc. (NYSE: BANC) is a bank holding company with over $34 billion in assets and the parent company of Banc of California. Banc of California is one of the nation’s premier relationship-based business banks, providing banking and treasury management services to small-, middle-market, and venture-backed businesses. Banc of California is the largest independent bank headquartered in Los Angeles and the third largest bank headquartered in California and offers a broad range of loan and deposit products and services through 80 full-service branches located throughout California and in Denver, Colorado, and Durham, North Carolina, as well as through regional offices nationwide. The bank also provides full-stack payment processing solutions through its subsidiary, Deepstack Technologies, and serves the Community Association Management industry nationwide with its technology-forward platform, SmartStreet™. The bank is committed to its local communities through the Banc of California Charitable Foundation, and by supporting organizations that provide financial literacy and job training, small business support, affordable housing, and more. Member FDIC. For more information, please visit us at www.bancofcal.com.