WELCOME TO BANC OF CALIFORNIA.
We are ready to serve you, following the successful completion of our merger with Pacific Western Bank on November 30, 2023.
YOUR ACCOUNTS WILL REMAIN THE SAME FOR NOW.
We are working hard to convert all agreements, signage, and processes to reflect the newly combined bank. Until that process is completed, and updates to your account agreements, documentation, and signage have been made, you may continue to see the names “Pacific Western Bank” and “Banc of California” Please note that updates are coming, and you will receive amended agreements and other documentation in the near future related to your accounts. In the meantime, your existing agreements and documentation will remain in place with, and any agreements you sign related to your accounts will be with, the newly combined bank, Banc of California. You can continue to access your accounts and conduct transactions as usual.
Your existing banking accounts and services will remain unchanged until our two banking systems and operations are integrated, which is currently anticipated to occur in first half of 2024. We will provide important details and updates regarding your accounts along the way and keep in close contact with you regarding any upcoming changes. If you have any questions or concerns, please feel free to reach out to your Pacific Western Bank relationship manager. Our combined bank remains committed to serving your banking needs.
There’s no impact to your deposit insurance coverage if you only have funds at one of the two merged banks. Your deposits continue to be insured by the FDIC, up to the standard limit of $250,000 per depositor for each ownership category. If you have deposits at both banks, eligible deposits from each bank remain separately insured by the FDIC for a grace period of at least six months after the bank merger. This grace period began on November 30, 2023 and gives you the opportunity to rearrange your deposit accounts to maximize your FDIC insurance if your total holdings at Banc of California and Pacific Western Bank exceed $250,000.
We are committed to keeping our clients informed. This list will be updated as we send client communications via mail or email.
FREQUENTLY ASKED QUESTIONS
We understand that you may have some questions about the merger. Please explore the FAQ page to help you find answers.
If you can’t find the information you’re looking for, please get in touch with your Pacific Western Bank Relationship Manager or visit your local Pacific Western Bank branch.
FRAUD AWARENESS REMINDER
During transitions, scammers can sometimes try to exploit unsuspecting individuals and businesses. The best defense to safeguard your accounts, systems, and devices against fraud is to remain alert. Know that Banc of California or Pacific Western Bank will never contact you via email, text, or phone to request your account information, password, or other sensitive details.
If you come across any suspicious activity or have security concerns about your account, report it right away at 877-770-BANC (2262).
IN THE NEWS
Please see key merger-related press releases below.
To learn more about Banc of California, please visit our Investor Relations page.
- Banc of California Designates Los Angeles as Headquarters and Donates $1 Million to Expand Financing Options for Small Businesses
- Banc of California Announces Completion of Transformational Merger with PacWest Bancorp and $400 Million Equity Raise
- Banc of California | Banc of California and PacWest Announce Transformational Merger and $400 Million Equity Raise from Warburg Pincus and Centerbridge
- Banc of California | Banc of California and Rise Economy Announce $4.1 Billion Community Benefits Plan
- Banc of California Receives Final Regulatory Approval for its Merger with PacWest Bancorp
- Banc of California and PacWest Bancorp Receive Stockholder Approvals for their Merger
TOGETHER WE WIN®
Together, we have the financial strength, industry experience, and depth of resources to provide an elevated client experience that better serves our clients and communities. Discover more about who we are and what we offer. You may also browse the Banc of California website—bancofcal.com—for a comprehensive look at our strengths, stability, products, and services.
HEAR FROM OUR BUSINESS CLIENTS
“Banc of California is the ultimate partner. They understand our business, proactively service our account, deliver smart customized advice, take care of every concern, and they are nice people! Most importantly, they are a reliable relationship-focused bank.”
Founder and CEO, Direct Results Radio
Every client has an amazing storyREAD MORE ABOUT OUR BUSINESS CLIENTS
WE’RE INVESTING IN COMMUNITIES TO EMPOWER CALIFORNIA
Banc of California is California’s premier, relationship-focused, full-service business bank. Our depth of resources and financial strength allow us to adapt quickly and thoughtfully, delivering solutions to help our clients achieve their financial goals.
For over 80 years, Banc of California has served small and medium-size businesses and their principals throughout California. As one of the largest banks headquartered in California, with branches extending from San Diego to Santa Barbara, we have the depth of resources to help your business grow and succeed.