The PacWest Bancorp is one bank holding corporation that has been centered in Los Angeles, California, with one entirely possessed banking subsidiary, Pacific Western Bank. The Pacific Western Bank comprises of as many as 79 complete-service workplaces in California and an office in Durham, North Carolina.
Pacific Western offers its clients with the commercial banking facilities, counting real estate, building, and commercial loans, and deposit and treasury administration facilities to minor and average-sized companies along with the Pacific Western Routing Number for faster transfer of funds. Pacific Western provides supplementary products and facilities below the brands of its commercial groups, Square 1 Bank and CapitalSource. CapitalSource offers cash flow, equipment, asset-centered, and real estate loans along with the treasury managing facilities to recognized mid-market trades on a national basis. The Square 1 Bank emphasizes on the entrepreneurial industries and their venture wealth and private equity financiers.
On or after March 2015, Pacific Western possessed $21 billion in terms of assets together with the 79 official locations within California, chiefly in the central and southern regions of the state. The Pacific Western Bank has been chiefly erected by the attainment of other banks and financial institutions. The PacWest Bancorp was titled as United States’ Best Bank in the year 2017 by Forbes.
PacWest Bancorp was previously called First Community Bancorp. In the year 2005, the First Community Bancorp picked up Glendora, California-established Foothill Independent Bancorp for a whopping $238 million. In the year 2006, the First Community Bancorp merged the 2 banks it then possessed, the First National Bank and Pacific Western National Bank, retitling them as the Pacific Western Bank. In the year 2008, the First Community Bancorp pronounced its strategies to subsume or assimilate in Delaware and amend its title to the PacWest Bancorp.
Pacific Western Bank Routing Number
As of now, the Pacific Western Bank offers nearly 31 active routing numbers.
The Routing Transit Number is a 9-digit long numeric code that is written on the bank checks bottom left-side corner, which that is needed for routing the funds electronically and setting up direct deposits, ordering checks, wire transfers, automatic payments, electronic payments, and ACH transfers from any bank account to the other one.
|122041523||5900 LA PLACE COURT SUITE 200||CARLSBAD|
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|122238242||5900 LA PLACE COURT SUITE 200||CARLSBAD|
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|122239843||5900 LA PLACE COURT SUITE 200||CARLSBAD|
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The Pacific Western Bank attained the assets and other deposits of several other banking establishments that failed at the time of the financial crunch. In the year 2008, the bank acquired the credits and other assets of the Security Pacific Bank of Los Angeles, CA. At the time of 2009, the Pacific Western Bank attained the assets and deposits of the Affinity Bank, Ventura. Further, during 2010, the banking corporation acquired the assets and deposits of the Los Padres Bank, Solvang. In the month of July 2013, Pacific Western Bank declared it is going to attain the banking institution named CapitalSource for a sum of about $2.29 billion.
In the month of March 2015, the $894 million merger was pronounced with the Square 1 Financial Inc., the primary corporation of Durham, North Carolina-centered Square 1 Bank. The bank began in the year 2005 rose to 13 settings and $3.1 billion in terms of assets. The unification will give rise to the Pacific Western turning out to be California’s 6th biggest publicly transacted bank.