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News
Welcome to One PacificCoast Bank’s news section. Here you will find the latest articles and press releases to keep you updated on what's happening around One PacificCoast Bank.
Fact Sheet
History
One PacificCoast Bank (formerly OneCalifornia Bank), grew from the vision of Tom Steyer and Kat Taylor and the team they formed to create a sustainable, meaningful community development bank and a supporting nonprofit organization. In 2007, that vision was realized when OneCalifornia Bank and OneCalifornia Foundation opened in Oakland.
In December 2010, OneCalifornia bank acquired ShoreBank Pacific and changed its name to One PacificCoast Bank (the foundation also changed its name to One PacificCoast Foundation). ShoreBank Pacific, a pioneer of mission-driven banking, began operations in 1997 in Ilwaco,Washington as a leader in sustainable community development. The merger greatly expanded One PacificCoast Bank's reach on the West Coast, and enhanced its capacity to serve its mission.
Mission and Values
The mission of One PacificCoast Bank, FSB, is to build prosperity in our communities through beneficial banking services delivered in an economically and environmentally sustainable manner.
One PacificCoast Bank, FSB, focuses on economic and environmental sustainability and takes a triple-bottom-line approach to community and environmental banking. We believe that a healthy environment is necessary for economic prosperity. We also believe that we can be a catalyst for positive change in our communities by providing fair, transparent, and sustainable banking products and services.
Key Statistics
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Locations |
Oakland,CA(headquarters); offices in Portland,OR(lending office), Ilwaco and Seattle,WA |
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Business Expertise |
Commercial lending; SBA lending; USDA guaranteed loans; nonprofit, personal, and business banking |
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Industry Sector |
Specialty agriculture; renewable energy; green building/green building materials, nonprofit, low to moderate income communities |
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Certifications & Accolades |
Community Development Financial Institution (CDFI); SBA Preferred Lender; Portland lending office was built to LEED Gold standards for Commercial Interiors; Seattle office is located within a mixed-use building that received LEED Silver certification; Our Oakland office is certified as an environmental leader through the Bay Area Green Business Program |
One PacificCoast Bank, is an FDIC-insured Federal Savings Bank and is regulated by the OCC.
About One PacificCoast Bank
One PacificCoast Bank, FSB, is an FDIC-insured Community Development Financial Institution (CDFI) that serves businesses, nonprofit organizations, and individuals. One PacificCoast Bank operates from a triple-bottom-line perspective that allows it to place importance on its financial, social, and environmental goals while meeting the needs of its communities. The bank is headquartered in Oakland,California with branches in Seattle and Ilwaco,Washington, and Portland,Oregon.
The One PacificCoast Foundation supports the goals of One PacificCoast Bank by creating initiatives and engaging in programs that increase access to financial services, alleviate economic distress, strengthen community development, and improve financial literacy. The One PacificCoast Foundation holds the economic rights of the Bank, which means when dividends are declared the funds support the Foundation’s programs.
Member FDIC . Equal Housing Lender . CDFI Certified Bank
Copyright© 2011 One PacificCoast Bank, FSB
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