What is Pacific Western Bank now called?
Pacific Western Bank officially merged into Banc of California as part of a major transformational banking combination. Following the completion of this strategic merger transaction, the combined institution and its branch networks operate under the official Banc of California corporate name and brand, unifying legacy operations to create a premier relationship-focused business banking institution headquartered in Los Angeles, California.
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Pacific Western Bank operates as a commercial bank delivering comprehensive community banking, asset-based lending, and venture banking services across specialized geographic footprints.
Pacific Western Bank, operating under its parent holding company PacWest Bancorp, experienced severe liquidity stress and extreme stock volatility during the regional banking sector turbulence.