PACIFIC WESTERN BANK
- Bank Name:Pacific Western Bank
- Bank Class:State Chartered - FED Nonmember Bank
- FDIC ID:Certificate #35498 - Inactive
- FED RSSD ID:#494261 - Inactive
HISTORY OF PACIFIC WESTERN BANK
Pacific Western Bank, initially established on April 21, 1941, as Rohr Employees Federal Credit Union, underwent several name changes and transformations over the decades. It became a federal credit union in 1994, adopting the name Pacific Trust Federal Credit Union. In 2000, the institution transitioned to become a mutual savings and loan, changing its name to Pacific Trust Bank, FSB. This was followed by a reorganization into a stock savings bank and a further name change to Pacific Trust Bank in 2002. The bank became commercially oriented in 2013, changing its name to Banc of California, National Association, and gaining membership in the Federal Reserve System. Over the years, Pacific Western Bank acquired several institutions including Gateway Business Bank in 2012, The Private Bank of California in 2013, and Pacific Mercantile Bank in 2021. The main office relocated several times, ultimately establishing itself in Santa Ana, California, in 2017. On December 1, 2023, Pacific Western Bank merged with Banc of California, marking a significant milestone in the bank's evolution.
Below is a list of some important events in banks history, including mergers and acquisitions.
DATEEVENT
1941-04-21Institution established but was not FDIC insured. Original name: Rohr Employees Federal Credit Union.
1987-08-05Changed Institution Name to Rohr Federal Credit Union.
1994-12-07Changed Institution Name to Pacific Trust Federal Credit Union.
2000-01-03Changed Chartering Agency to Ots.
2000-01-03Changed Organization Type to Mutual Savings & Loan.
2000-01-03Changed Primary Federal Regulatory Agency to Ots.
2000-01-03Changed Trust Powers to N/a.
2000-01-30Main Office moved to 610 Bay Boulevard, Chula Vista, CA 91910.
2002-08-22Changed Bank Class to Federal Savings Bank.
2002-08-22Changed Organization Type to Stock Savings Bank.
2002-08-22Changed Institution Name to Pacific Trust Bank, Fsb.
2011-07-21Changed Primary Federal Regulatory Agency to The Office of the Comptroller of the Currency.
2012-02-09Main Office moved to 18500 Von Karman Avenue, Irvine, CA 92612.
2012-08-17Acquired Gateway Business Bank in Cerritos, CA.
2013-10-11Institution becomes member of the Federal Reserve System.
2013-10-11Changed Bank Class to National Bank, member of the Federal Reserve System (FRS).
2013-10-11Changed Organization Type to Commercial Bank.
2013-10-11Changed Institution Name to Banc Of California, National Association.
2013-10-11Acquired The Private Bank of California in Century City, CA.
2015-08-13Main Office moved to 18500 Von Karman Avenue, Suite 1100, Irvine, CA 92612.
2016-01-19Changed Trust Powers to Full.
2016-11-01Changed Institution Name to Banc of California, National Association.
2017-04-03Main Office moved to 3 Macarthur Place, Santa Ana, CA 92707.
2021-10-19Acquired Pacific Mercantile Bank in Costa Mesa, CA.
2023-12-01Merged and became part of Banc of California in Los Angeles, CA.
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