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Bank of Southern California Opens New Office in West Los Angeles

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Bank of Southern California (OTC Pink: BCAL) has opened a new branch in West Los Angeles, part of its strategic expansion in the region. Located at 1640 S. Sepulveda, Ste. 130, the branch will be staffed by experienced bankers focused on business and high-net-worth clients. Key appointments include Maureen Boggs and Laurie Kasper as Senior Vice Presidents, specializing in Commercial Real Estate and Commercial/Industrial lending, respectively. This office aims to enhance customer service in the greater Los Angeles area, reinforcing the bank's commitment to local businesses and residents.

Positive
  • Opening a new branch in West Los Angeles, indicating strategic growth.
  • Experienced banking professionals appointed to key positions to enhance service offerings.
  • Focus on expanding loan portfolio in Commercial Real Estate and Commercial/Industrial sectors.
Negative
  • None.

Bank of Southern California, N.A. (OTC Pink: BCAL), a commercial bank headquartered in San Diego, is pleased to announce the opening of its newest branch location in West Los Angeles. This is the latest example of the company’s strategic expansion efforts, and it follows the Bank’s recent announcement of plans to open several new branches within Los Angeles and Ventura counties.

The office, located at 1640 S. Sepulveda, Ste. 130, will be staffed by seasoned commercial bankers with a long history of delivering customized banking solutions to businesses, entrepreneurs, and high-net-worth individuals.

Maureen Boggs has been named Senior Vice President, Relationship Manager and will be responsible for growing the Bank’s loan portfolio with an emphasis on the Commercial Real Estate sector. Most recently, she served as Senior Vice President, Relationship Manager for a well-known commercial bank.

Laurie Kasper has been appointed Senior Vice President, Relationship Manager and will focus on expanding the Bank’s client base in the region with an emphasis on Commercial and Industrial lending. Ms. Kasper brings more than 40 years of industry experience, most recently serving as Vice President, Relationship Manager for a well-known commercial bank. Active in the community, she serves on the Board of Directors for the Santa Monica YMCA.

Olivia Aceves, an accomplished commercial loan processor, has joined the team as Vice President, Business Banking Sales Support Officer and will support the team’s efforts in the region.

“The West LA office is a key location for the Bank—one that allows us to better serve our customers in the greater Los Angeles market while further solidifying our commitment to the residents and businesses in the region,” said Richard Hernandez, Chief Banking Officer. “Situated between the 405 and Santa Monica Blvd., our office is well positioned to support the banking needs of this key district and neighboring communities,” Hernandez added.

About Bank of Southern California

A growing commercial bank, established in 2001, Bank of Southern California, N.A., with headquarters in San Diego, CA, is locally owned and managed, and offers a range of financial products to individuals, professionals and small-to-medium sized businesses. The Bank’s solution-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with its clients. The Bank currently operates branches in San Diego County, Los Angeles County, Orange County, San Bernardino County, and the Coachella Valley in Riverside County. For more information, please visit https://www.banksocal.com or call 844.BNK.SOCAL.

FAQ

What is the significance of Bank of Southern California's new branch opening in West Los Angeles?

The new branch is part of the bank's strategic expansion, enhancing service to businesses and residents in the greater Los Angeles area.

Who are the key personnel at Bank of Southern California's West Los Angeles branch?

Maureen Boggs and Laurie Kasper have been appointed as Senior Vice Presidents, focusing on Commercial Real Estate and Commercial/Industrial lending.

Where is the new Bank of Southern California branch located?

The branch is located at 1640 S. Sepulveda, Ste. 130, West Los Angeles.

What is the primary focus of the new branch in West Los Angeles?

The branch will focus on providing customized banking solutions to businesses, entrepreneurs, and high-net-worth individuals.

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Banks - Regional
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United States of America
SAN DIEGO