IRVINE, Calif.--(BUSINESS WIRE)--
The Los Angeles Conservation Corps, the largest urban conservation corps
in the nation, named Banc of California, N.A., the wholly owned national
bank subsidiary of Banc of California, Inc. (NASDAQ: BANC), its
“Community Partner of the Year” at the organization’s Spring Luncheon
Celebration. Former Los Angeles Mayor Antonio Villaraigosa, a longtime
supporter of the Los Angeles Conservation Corps and Senior Advisor to
Banc of California, accepted the honor on the Bank’s behalf.
Banc of California has partnered with the Los Angeles Conservation Corps
since 2011 and recently become the organization’s lead community
sponsor. As part of this commitment, Banc of California provided
additional financial support and boosted its contribution of employee
time, energy, and expertise.
“Banc of California has been a tremendous partner focused on helping
at-risk youth from low income communities reach their full potential,”
said Mercedes Morton, President and Board Chair of the Los Angeles
Conservation Corps. “While the Bank has provided very generous financial
support, their employees’ commitment to community service has proven to
be an even more effective way to meaningfully assist in the lives of
thousands of young people. We are thankful for their support and are
proud to name them our very deserving Community Partner of the Year.”
A national leader in youth and workforce development and alternative
education for inner-city youth and young adults, the Los Angeles
Conservation Corps was founded in 1986 by former U.S. Secretary of
Commerce and Trade Ambassador Mickey Kantor. Its primary mission and
purpose is to provide at-risk young adults and school-aged youth with
opportunities for success through job skills training, education and
work experience with an emphasis on conservation and service projects
that benefit the community.
“The Los Angeles Conservation Corps serves more than 17,000 young people
each year making a positive impact in their lives,” said Steven
Sugarman, President and Chief Executive Officer of Banc of California.
“We are humbled and honored that the Los Angeles Conservation Corps has
named us their Community Partner of the Year.”
About Banc of California, Inc.
Banc of California, Inc. (NASDAQ: BANC), through its subsidiary Banc of
California, N.A., provides banking services to California’s diverse
private businesses, entrepreneurs and homeowners. Today, Banc of
California has over $4 billion in consolidated assets and over 80
banking and lending locations.
INVESTOR RELATIONS INQUIRIES:
Banc of California, Inc.
David Herbst, 213-973-4113 x101
Source: Banc of California