Pacific Premier Bank Makes $200,000 Grant to Templo Calvario Community Development Corp. to Support COVID-19 Relief & Banking...
February 18 2021 - 6:00AM
Business Wire
Pacific Premier Bancorp, Inc. (NASDAQ: PPBI), the holding
company of Pacific Premier Bank (“Pacific Premier”), announced
today that Pacific Premier has contributed a grant of $200,000 to
Templo Calvario Community Development Corporation (“Templo
Calvario”) to support their COVID-19 Relief Program, technology
upgrades, and underwrite their Banking on Our Youth program. Templo
Calvario is a nonprofit organization in Santa Ana, CA who partners
with key stakeholders to unite, build, and transform the local
community through educational and financial empowerment initiatives
targeted at building equitable racial financial health and capacity
for Santa Ana families.
While the pandemic has created challenges for many communities,
it continues to disproportionately impact the most vulnerable,
including low-income communities and communities of color. Many of
the families who access Templo Calvario’s services work in
accommodation and food services, manufacturing, retail, and
cleaning industries, which have all seen a significant decline in
services or closures. A portion of Pacific Premier’s grant will
fund Templo Calvario’s COVID-19 Relief Program, which provides
emergency financial assistance to low-income families impacted by
COVID-19. Funds will also support technology upgrades, which
enables the organization to expand its reach by providing digital
programs and services to the communities it serves.
In an effort to address racial wealth and income inequalities,
Pacific Premier’s grant will also underwrite Templo Calvario’s
Banking on Our Youth (BOY) program. BOY is a sustainable financial
literacy and entrepreneurship program that works with high school
seniors through innovative and engaging methods to promote
financial responsibility, leadership, teamwork, and
entrepreneurship. BOY’s mission is to help the youth of Santa Ana
improve their understanding of financial concepts and services, and
empower them to make the right decisions that will improve their
financial well-being. In addition to Pacific Premier’s financial
support, Pacific Premier employees also dedicate their time and
resources to serve as mentors and provide financial education
workshops to the 45 youth who participate each year.
“Pacific Premier is proud to partner with Templo Calvario to
provide much needed support to families in Orange County heavily
impacted by the COVID-19 pandemic, and to promote the advancement
of our future economic leaders,” said Steve Gardner, Chairman,
President, and CEO of Pacific Premier Bancorp, Inc. “Community
organizations like Templo Calvario offer our employees
opportunities to volunteer their time toward helping strengthen and
empower the communities in which we live, work, and do
business.”
For more information about Templo Calvario Community Development
Corporation, visit tccdc.org.
About Pacific Premier Bancorp, Inc.
Pacific Premier Bancorp, Inc. (Nasdaq: PPBI) is the parent
company of Pacific Premier Bank, a California-based commercial bank
focused on serving small, middle-market, and corporate businesses
throughout the western United States in major metropolitan markets
in California, Washington, Oregon, Arizona, and Nevada. Founded in
1983, Pacific Premier Bank has grown to become one of the largest
banks in the western region of the United States, with
approximately $20 billion in total assets. Pacific Premier Bank
provides banking products and services, including deposit accounts,
digital banking, and treasury management services, to businesses,
professionals, entrepreneurs, real estate investors, and nonprofit
organizations. Pacific Premier Bank also offers a wide array of
loan products, such as commercial business loans, lines of credit,
SBA loans, commercial real estate loans, agribusiness loans,
franchise lending, home equity lines of credit, and construction
loans. Pacific Premier Bank offers commercial escrow services and
facilitates 1031 Exchange transactions through its Commerce Escrow
division. Pacific Premier Bank offers clients IRA custodial
services through its Pacific Premier Trust division, which has
approximately $16 billion of assets under custody and approximately
44,000 client accounts comprised of self-directed investors,
financial institutions, capital syndicators, and financial
advisors. Additionally, Pacific Premier Bank provides nationwide
customized banking solutions to Home Owners' Associations and
Property Management companies. Pacific Premier Bank is an Equal
Housing Lender and Member FDIC. For additional information about
Pacific Premier Bancorp, Inc. and Pacific Premier Bank, visit our
website: www.ppbi.com.
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Pacific Premier Bancorp, Inc. Steven R. Gardner Chairman,
President and Chief Executive Officer 949-864-8000 Brett Villaume
SVP, Director of Investor Relations 949-553-9042
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