About PacWest Bancorp
PacWest Bancorp (NASDAQ: PACW) is a bank holding company headquartered in Los Angeles, California. Founded in 1999, the company operates through its wholly-owned subsidiary, Pacific Western Bank, which provides commercial banking services to small and medium-sized businesses, entrepreneurs, and professional firms throughout California and other select markets in the United States. The bank offers a comprehensive range of financial products and services, including commercial real estate loans, asset-based lending, venture banking, treasury management, and deposit solutions. Through strategic acquisitions, including CU Bancorp in 2017 and Square 1 Bank in 2015, PacWest has expanded its footprint and diversified its service offerings. Pacific Western Bank operates numerous branches across major metropolitan areas in California and maintains specialized lending offices in key markets nationwide. The bank has developed particular expertise in venture banking, serving technology and life sciences companies, as well as private equity firms. In 2023, PacWest Bancorp faced significant challenges during the regional banking crisis, which led to its acquisition by Banc of California in a strategic merger announced in July 2023. The combined entity continues to operate under the Banc of California name, creating a stronger regional banking institution with enhanced capabilities and market presence.
The information on this page is not an endorsement of Truv's services by PacWest Bancorp and is meant to be purely informational.
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PacWest Bancorp Employment Verification FAQs.
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No, the information provided about Truv’s verification services is not an endorsement by the PacWest Bancorp.