In today’s digital age, scams are becoming increasingly more sophisticated and it’s important to stay vigilant. The American Bankers Association (ABA) launched the #BanksNeverAskThat campaign in honor of Cybersecurity Awareness Month to help people recognize and avoid phishing scams that could compromise their personal and financial information. Here are some tips to help keep you…
For many small businesses in Southern California, securing a Small Business Administration (SBA) loan can be a critical step toward growth and stability. Whether you’re looking to expand, purchase equipment, or improve cash flow, an SBA loan offers attractive terms that can make a significant difference. At First Pacific Bank, we’re committed to helping local…
In today’s fast-paced world, convenience is key. That’s where mobile wallets come in, revolutionizing how we pay and offering a seamless experience that fits into your smartphone. What Are Mobile Wallets? Mobile wallets are digital versions of your physical wallet, securely stored on your smartphone or other mobile device. They allow you to store credit…
First Pacific Bank now offers Plaid integration so customers can instantly link their external accounts providing a more streamlined and convenient banking experience, with several key benefits: 1. Simplified Account Connectivity. With Plaid’s integration, customers can easily link their First Pacific Bank accounts to a variety of financial applications and services. This streamlined process eliminates…
First Pacific Bank was a proud sponsor of the 2024 Economic Outlook presented by the Santa Fe Springs Chamber. Held in January 2024, the event featured Dr. Thornberg and included an informative presentation on economic trends, the outlook for California and Los Angeles County, and the path forward for your business. The presentation is included…
To help fight financial crime and terrorist financing, the U.S. Department of Treasury passed a new regulation making it mandatory for financial institutions to collect information on beneficial owners of legal entity clients. This regulation was enacted to provide greater transparency into company structures and better protect the U.S. financial system. Understanding Beneficial Ownership. Beneficial…
Starting a small business is an exciting journey that offers opportunities for growth, innovation, and financial independence. To set yourself up for success, it’s important to approach this venture with careful planning, determination, and a willingness to adapt. In this article, we share 12 tips to help guide you through the process of starting a…
For many small businesses, securing the funds to start or grow their operations can be challenging. The Small Business Administration (SBA) offers financing solutions through its loan programs designed to provide businesses with access to affordable capital, favorable terms, and additional support. In this article, we help you understand the basics, explore available loan programs,…
In today’s rapidly evolving digital landscape, the transition towards paperless processes is becoming increasingly common, and for good reason. One significant change that has taken place is the shift from traditional paper statements to electronic statements, also known as eStatements. This digital alternative to receiving financial information has numerous benefits that can enhance your financial…
As the summer season kicks into high gear, many of us are planning vacations and trips to explore new destinations. Whether you’re traveling for leisure or business, taking proactive steps to keep your information safe is key in today’s interconnected world. Learn eight tips to ensure the security of your data while traveling, so you…
