Banc of California Named Banking Sponsor of LA Rams Foundation

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Banc of California Named Banking Sponsor of LA Rams Foundation
Rendering of proposed Banc of California Stadium.

The Irvine-based Banc of California will be the official banking partner of the Los Angeles Rams Foundation, the football team’s charitable organization.

The bank also announced last week that it would be the official bank of the Los Angeles Football Club and get naming rights to the new soccer stadium being built, for which it paid $100 million.

“We are honored to be able to work alongside the Rams players, coaches and front office staff to create meaningful impact across Los Angeles’ diverse communities,” said Steven Sugarman, the bank’s chief executive and chairman, in a statement.

Kevin Demoff, the Rams chief operating officer, called the bank “a leader in corporate community development,” in a statement.

“The Rams Foundation is committed to benefitting the Los Angeles region directly and through its non-profit community partners,” said Demoff. “As we come home to Southern California, we will continue using our visible platform to make our community a better place.”

Finance reporter Caroline Anderson can be reached at [email protected]. Follow her on Twitter @Caroline_Mander.

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