BANC
- Banc of California, Inc.
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Overview
Company Summary
Banc of California, Inc. (BANC) is a financial services company primarily operating as a bank holding company for Banc of California, National Association (Banc of California). As a regional bank, their main focus is on providing various banking products and services to individuals, small and medium-sized businesses, and institutional clients.
Banc of California offers a wide range of banking services, including personal and business checking accounts, savings accounts, money market accounts, and certificates of deposit. They also provide lending solutions, such as residential and commercial real estate loans, small business loans, and lines of credit.
In addition to traditional banking services, Banc of California operates an online banking platform that allows customers to access their accounts, perform transactions, and manage their finances remotely. They also offer mobile banking, bill payment services, and electronic fund transfers to enhance customer convenience.
Beyond the basic banking services, Banc of California provides wealth management and investment advisory services through their subsidiary, The Palisades Group, LLC. This division assists clients with personalized investment strategies, retirement planning, estate planning, and trust administration.
Furthermore, Banc of California supports the local community by engaging in philanthropic efforts and community development initiatives. Through their Banc of California Foundation, they provide grants, scholarships, and charitable donations to nonprofit organizations and educational institutions.
Overall, Banc of California, Inc. operates as a regional bank with a comprehensive suite of banking and financial services, aiming to meet the needs of individuals, businesses, and communities in their target market.