On January 14, 2025, Banc of California announced the launch of the Banc of California Wildfire Relief & Recovery Fund. The bank committed an initial $1 million donation to seed this charitable fund. This initiative is designed to support ongoing relief and rebuilding efforts for Southern California communities impacted by recent wildfires in the Los Angeles area.
The fund will address urgent disaster relief and recovery needs, as well as longer-term rebuilding of homes, businesses, and infrastructure. Banc of California will also match donations from its team members and accept broader public donations. An advisory board of business and civic leaders will be created to guide the allocation of funds for maximum impact.
As the largest independent bank based in Los Angeles, Banc of California stated its commitment to helping the community recover. The bank also plans to develop lending programs specifically focused on recovery efforts.
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