2021 Top community-investing banks in Los Angeles, CA, according to public data
Below are the top 5 banks for community investment in Los Angeles, CA, according to public data. As a share of total assets, these banks invest the most into the community (via loans for business, housing, farms, households, and construction, and public works loans and securities). This ranking, powered by federal regulatory data, considers any bank that has 50% or more of deposits based in Los Angeles, CA.*
Click through to bank profiles and bank websites to see where deposits are invested and learn if the bank offers free checking, high-yield accounts, mobile deposits, and more.
Top community-investing banks in Los Angeles, 2021
Pacific City Bank
83% of assets are invested into the community
54% of money is based in Los Angeles, CA
Asian American-owned or -led
Open Bank
82% of assets are invested into the community
74% of money is based in Los Angeles, CA
Asian American-owned or -led
Commonwealth Business Bank
82% of assets are invested into the community
67% of money is based in Los Angeles, CA
Asian American-owned or -led
Broadway Federal Bank, F.S.B.
76% of assets are invested into the community
50% of money is based in Los Angeles, CA
Black American-owned or -led
Bank of Hope
74% of assets are invested into the community
50% of money is based in Los Angeles, CA
Asian American-owned or -led
See all banks in Los Angeles, CA focused on financing communities
To compare banks by different social or environmental impact factors, like whether the bank invests in low-income communities, is Black-owned, or is fossil fuel free, browse the database of all banks in the U.S.
*Community financing consists of: business loans; housing loans; farm loans; construction loans; household loans; public works loans and securities. Banks are ranked in descending order of community financing as a percentage of total assets. Community financing data source: FFIEC Call Report, Q4 2020. This analysis includes any bank that has more than 50% of deposits based in Los Angeles, CA, as of the 2020 FDIC Summary of Deposits Survey. To learn more about the data and methodology, see our FAQ.