Private Bancorp of America, Inc.

Private Bancorp of America, Inc. operates as the bank holding company for CalPrivate Bank, providing banking products and services to individuals and businesses in California. The company offers a range of deposit accounts, including checking and savings, money market, certificate of deposit, sweep, zero balance, and individual retirement accounts. Its lending products include unsecured lines of credit, personal credit lines, and term loans. Additional services provided are direct deposits, online banking, ATM and debit cards, credit cards, savings/line of credit overdraft protection, and safe deposit boxes, along with Certificate of Deposit Account Registry Services (CDARS). For businesses, Private Bancorp of America, Inc. offers treasury management, merchant card services, bill pay, positive pay, e-statements, remote deposit capture, ACH origination, wire transfers, electronic payments and collections, electronic check acceptance, account reconciliation, cash vault services, and gift and business credit cards, as well as funds management services. Business lending includes term credit facilities and loans, equipment and business expansion loans, working capital lines of credit, commercial real estate financing, construction financing, letters of credit, business start-up loans, loans for business acquisition and partner buyouts, owner-occupied commercial real estate loans, equipment, furniture and fixture, and other loans. The company also provides CDARS and ICS products. Furthermore, Private Bancorp of America, Inc. offers wealth management and legal services, alongside digital banking services. The company was founded in 2006 and is headquartered in La Jolla, California.