Banc of California Inc

Banc of California Inc. operates as the bank holding company for Banc of California National Association that provides banking and financial products and services in the United States. The company offers deposit products including interest-bearing and noninterest-bearing demand checking savings and money market deposits accounts; certificate of deposits; and retirement accounts and safe deposit boxes. It also provides various commercial and consumer loan products such as commercial and industrial loans; commercial real estate and multifamily loans; construction loans; single family residential mortgage loans; warehouse and indirect/direct leveraged lending; home equity lines of credit; small business administration loans; and consumer loans comprising lines of credit and term loans as well as and other consumer loans including automobile loans. In addition the company offers automated bill payment cash and treasury management foreign exchange interest rate swaps card payment remote and mobile deposit capture automated clearing house origination wire transfer direct deposit and internet banking services; and master demand accounts. Further it invests in agency securities municipal bonds agency residential mortgage-backed securities and corporate debt securities. The company was formerly known as First PacTrust Bancorp Inc. and changed its name to Banc of California Inc. in July 2013. Banc of California Inc. was founded in 1941 and is headquartered in Santa Ana California.