Banc of California was originally founded as Rohr Employee Credit Union in 1941. Today, the bank serves customers in California and other Western states, with headquarters being located in Santa Ana, California.
The bank has 40 locations, including the 20 locations that were acquired in 2014, when the bank purchased Popular, Inc., a Puerto Rican based bank, for $5.4 million. Also since 2014, the bank has been the official sponsor the USC Trojans football team. The company is publicly traded on the NYSE under the ticker symbol: BANC. In 2017, the company laid off more than 130 workers after the CEO was forced to step down.
Banc of California is listed as #15 on the 2017 Fortune 100 list of Fastest Growing Companies in America. In 2016, the company had $10 billion in assets and a three-year growth rate of 40%.
Banc of CaliforniaBanc of California was originally founded as Rohr Employee Credit Union in 1941. Today, the bank serves customers in California and other Western states, with headquarters being located in Santa Ana, California.
The bank has 40 locations, including the 20 locations that were acquired in 2014, when the bank purchased Popular, Inc., a Puerto Rican based bank, for $5.4 million. Also since 2014, the bank has been the official sponsor the USC Trojans football team. The company is publicly traded on the NYSE under the ticker symbol: BANC. In 2017, the company laid off more than 130 workers after the CEO was forced to step down.
Banc of California is listed as #15 on the 2017 Fortune 100 list of Fastest Growing Companies in America. In 2016, the company had $10 billion in assets and a three-year growth rate of 40%.