Banc of California Appoints Chris Healy as Executive Director, Head of Payments

Healy will lead the bank’s expansion of integrated, client-focused payment solutions

LOS ANGELES--(BUSINESS WIRE)--Banc of California, a wholly owned subsidiary of Banc of California, Inc. (NYSE: BANC), today announced the appointment of Chris Healy as Executive Director, Head of Payments, a strategic hire that reinforces the bank’s commitment to advancing its payments business and expanding its suite of integrated, client-focused payment solutions.

In this role, Healy will lead the payments team and accelerate growth across Banc of California’s merchant acquiring and payment product offerings, including BancEdge, the bank’s payments processing platform (formerly known as Deepstack), as well as credit cards. He will focus on advancing innovative, scalable payments solutions that deepen client engagement and deliver a seamless, bank-led payments experience for clients.

Healy, who is based in Los Angeles, brings more than 20 years of payments and financial services leadership experience, most recently serving as Senior Vice President, Payments, at Comerica Bank, where he led payments strategy with a focus on merchant acquiring and large-scale business transformation initiatives.

“Chris is a highly respected payments executive with deep industry expertise and a strong client-first mindset,” said Jared Wolff, Chairman and CEO of Banc of California. “His leadership and experience will help us scale our payments offerings and deliver innovative solutions that support our clients’ evolving needs.”

“I’m thrilled to join Banc of California to lead the strategy and growth of its payments business,” said Healy. “Banc of California’s emerging payments business, including its card-issuing solutions and merchant-acquiring platform BancEdge, is well positioned with extraordinary opportunity. I look forward to joining the talented payments team at Banc of California to build on the momentum and accelerate the growth of this important ecosystem, helping clients simplify payments and benefit from faster receipt of funds and a truly integrated banking solution.”

Healy holds a law degree from the University of Southern California Gould School of Law and a bachelor’s degree from Boston College.

About Banc of California, Inc.

Banc of California, Inc. (NYSE: BANC) is a bank holding company with over $34 billion in assets and the parent company of Banc of California. Banc of California is one of the nation’s premier relationship-based business banks, providing banking and treasury management services to small-, middle-market, and venture-backed businesses. Banc of California is the largest independent bank headquartered in Los Angeles and the third largest bank headquartered in California and offers a broad range of loan and deposit products and services through 79 full-service branches located throughout California and in Denver, Colorado, and Durham, North Carolina, as well as through regional offices nationwide. The bank also provides full-service payment processing solutions to its clients and serves the Community Association Management industry nationwide with its technology-forward platform, SmartStreet™. The bank is committed to its local communities through the Banc of California Charitable Foundation, and by supporting organizations that provide financial literacy and job training, small business support, affordable housing, and more. Member FDIC. For more information, please visit us at www.bancofcal.com.