Company Information

Get to know Pacific Mercantile Bank

Founded in 1999, Pacific Mercantile Bank was a full-service business bank headquartered in Orange County, California. The bank focused on building long-term relationships with businesses and their owners by providing a comprehensive suite of commercial banking services, including deposits, lending, and treasury management solutions. In March 2021, Banc of California announced its intention to acquire Pacific Mercantile Bancorp, the parent company of Pacific Mercantile Bank. The acquisition and subsequent merger were completed on October 18, 2021, with all Pacific Mercantile Bank operations and branches being integrated into and rebranded as Banc of California.

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Financial BankingPRIMARY
Financial Other Service

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Pacific Mercantile Bank

United States

Founded in

1999 (27 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

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ASIC

Security Information

Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.