Banc of California has made a $250,000 contribution to the Los Angeles Area Chamber of Commerce’s Small Business Disaster Relief Fund. The donation aims to support small businesses in the Los Angeles region that have been affected by recent natural disasters and other crises.
The fund provides direct grants and technical assistance, focusing on businesses in the most vulnerable sectors. Its goal is to help stabilize and strengthen companies facing hardship.
“We are incredibly grateful to Banc of California for stepping forward in such a meaningful way,” said Maria S. Salinas, President & CEO of the Los Angeles Area Chamber of Commerce. “Small businesses are the backbone of our economy, and in moments of crisis, they need trusted partners committed to their recovery. Banc of California’s leadership exemplifies the kind of corporate responsibility that drives real impact and lasting change.”
“At Banc of California, we believe in the power of small businesses to drive economic opportunity and build stronger communities,” said Jared Wolff, Chairman and Chief Executive Officer of Banc of California. “It’s essential that we stand with the entrepreneurs who make our city vibrant and resilient. We’re proud to support the Chamber’s Small Business Disaster Relief Fund and help ensure that recovery reaches businesses when they need it most.”
The Los Angeles Area Chamber of Commerce represents organizations from various sectors throughout the region, working to promote a thriving regional economy that is inclusive and competitive globally. More information about its mission can be found at www.lachamber.com.
Banc of California is an independent bank headquartered in Los Angeles with over $33 billion in assets. It operates 80 full-service branches across California as well as locations in Denver, Colorado, and Durham, North Carolina. The bank also offers payment processing solutions through its subsidiary Deepstack Technologies and serves community association management nationwide via its SmartStreet platform. The company supports local communities through charitable initiatives focused on financial literacy, job training, small business support, affordable housing, among others.
Details about how to contribute or learn more about the Small Business Disaster Relief Fund are available at https://lachamber.com/resources/small-business-disaster-recovery-fund.
