Bank holding company providing commercial banking services through its subsidiary, Pacific Western Bank.
PacWest Bancorp, headquartered in Beverly Hills, California, serves as the holding company for Pacific Western Bank, offering a comprehensive suite of banking products and services. Established in 1999, PacWest Bancorp operates through a network of 69 full-service branches primarily in California, with additional branches in North Carolina and Colorado, along with various loan production offices. The bank caters to a diverse client base, including small to mid-sized companies, venture capital firms, private equity investors, professionals, and individual customers.
The core offerings of PacWest Bancorp encompass a wide range of financial solutions. These include accepting demand deposits, money market accounts, and time deposits, as well as providing a robust portfolio of lending products. The bank specializes in real estate loans for commercial properties, small business administration loans, asset-based financing, venture capital loans, and consumer loans such as personal loans, auto loans, and home equity lines of credit. Additionally, PacWest Bancorp offers international banking services, multi-state deposit services, investment advisory services, asset management solutions, and comprehensive treasury and cash management services.
In line with technological advancements in banking, PacWest Bancorp enhances customer convenience through various digital channels. These include telephone banking, remote deposit capture, and robust online and mobile banking platforms. The bank also provides automated teller machine (ATM) services, ensuring easy access to cash and account management tools for its clientele. With a strong commitment to personalized service and community engagement, PacWest Bancorp continues to evolve its offerings to meet the evolving financial needs of businesses and individuals across its operational footprint.