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Overview / Commentary
18500 Von Karman Ave. Suite 1100
Irvine, CA 92612

Banc of California is headquartered in Irvine and is the 12th largest bank in the state of California. It is also the 135th largest bank in the nation. It was established in 1941 and as of December of 2015, it had grown to 1,683 employees at 36 locations. Banc of California has a B+ health rating.

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Reviews (6)

Rates Dropped To .75% As Of June 2014

Posted by: Sperry8 | Aug 17, 2014

Without notice this bank dropped my rate from 1% to .75%. I logged into my account and saw the drop (no email or notice was provided in advance or after. Very poor form.

Rates Dropped To 1%

Posted by: Sperry8 | Jun 25, 2014

They dropped their rates to 1% unless you are willing to make them your primary bank (direct deposit and a certain number of checks or bill pay). If you do that you can receive 1.25 APY%.

Their online interface is one of the worst - it took an in-person visit to the bank to stop mailed accounts and even then they didn't stop until additional contact with online CS.

However, I rarely interact with their online interface directly and use alternate websites to push/pull funds.

Rate Continuing In 2014 At 1.1%

Posted by: Sperry8 | Jan 2, 2014

Although this bank had no info in my prior post - they confirmed they are offering a 1.1% APY in 2014. Since that's the best available, I'll keep my money with them. Haven't had any issues and with that sort of rate willing to deal with the lack of CS answers. I use Ally to push/pull - so no issues getting money in/out.

Preferred Account Rate Drop

Posted by: unmesh | Oct 24, 2014

I'm one of the depositors from the PacTrust days and had transitioned to a Preferred Account at Banc of California with a 1.25% starting rate. It dropped to 1.15%, then to 1.09% and very recently to 1%, each time with no prior notice.

Hope this helps other existing customers of the institution.

Great Rates - No Info

Posted by: Sperry8 | Dec 19, 2013

I opened an account with them when they were Pacific Trust Bank. Banc of California bought them out in the interim. They offered a special 1.25% APY til 12/31/2013. That deal ends in 2 weeks. I called today to find out the new rate and they will not provide the new rate until Jan 1, 2014. They "believe" it will drop .15%, although that is undetermined. I asked a variety of add'l questions all of which were met with vague answers. I've never heard a bank rep who had so little information. For example, the rep stated they would keep the rate 1.25% if I made them my 'main' bank. But they were unable to tell me what that meant. They didn't know if 1 bill pay or 20 was required. They said they didn't have that information. They said I needed to write checks. I asked how many? They said they didn't have that information. Hard to decide if I would switch to a bank that has no information.

B Of C Has Little Regard For Clients

Banc of Calif has little regard for its clients.
Rates dropped with no notice from 1.20% to 1% to .70% with no notice. I closed my acct the end of Nov 2014 and was promised I would receive a check
by Dec. 4. It is now Dec 5. Josh of the LJ branch has informed me that "for some reason" he failed to send it by 1-day UPS express..as a result, I am losing abt $10 day in interest. Check Bankrate.com for a more reliable bank


Health Grade Components

FDIC Certificate #35498
Year Established1941
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD1.1%
Return on Equity - YTD11.29%
Annual Interest Income$266.3MM
Assets and Liabilities
AssetsQ4 2015vs Q4 2014$8.23B$5.96B
LoansQ4 2015vs Q4 2014$5.82B$5.11B
DepositsQ4 2015vs Q4 2014$6.46B$4.71B
Equity CapitalQ4 2015vs Q4 2014$769.7MM$533.7MM
Loan Loss AllowanceQ4 2015vs Q4 2014$35.5MM$29.5MM
Unbacked Noncurrent LoansQ4 2015vs Q4 2014$71.2MM$45.3MM
Real Estate OwnedQ4 2015vs Q4 2014$1.1MM$423.00K

Sorry, we do not have rate data for Banc of California.


Banc of California has 43 locations. Click to view all Banc of California locations.