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Banc of California Launches Private Banking

Business Wire•20/10/2026•13:30 ET
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Key Highlights

  • ➤Banc of California launches Private Banking for high-net-worth clients
  • ➤New service adds premium deposits, personal lending and customized credit lines
  • ➤Private Banking offers coordinated support across personal and business relationships
  • ➤Banc of California reports over $34 billion in assets and 77 full-service branches

Expert Statements

Jared Wolff, Chairman and CEO of Banc of California

“Private Banking is a natural extension of the Banc of California client experience”

Jared Wolff, Chairman and CEO of Banc of California

“We are launching this solution to fill the void we see in the market for a very high-touch, tech-forward banking experience that simplifies the lives of families, family offices and high-net-worth individuals.”

Jared Wolff, Chairman and CEO of Banc of California

“Because we aren’t trying to be everything to everyone, we can focus on what we do well — delivering exceptional banking that’s tailored and personalized — while working closely with the client’s outside financial advisers to deliver a complete financial solution.”

Aaron Houpis, Executive Vice President and Managing Director of Specialty Deposits & Private Banking at Banc of California

“We designed a high-touch solution with input from clients and wealth managers who felt there was a gap in the market on the personal side, having experienced Banc of California’s service-first approach on the business side.”

Aaron Houpis, Executive Vice President and Managing Director of Specialty Deposits & Private Banking at Banc of California

“Our team is ready to deliver a seamless and outstanding experience for Private Banking clients that many aren’t finding in the market today.”

New offering provides a relationship-driven experience that delivers personalized service and tailored financial solutions for high-net-worth clients

Banc of California, a wholly owned subsidiary of Banc of California, Inc. (NYSE: BANC), today launched a new Private Banking service designed for high-net-worth individuals, family offices, business owners, executives and their families.

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