PPBI - Pacific Premier Bank Donates $28700 to Two Social Justice Nonprofits
The Bank Contributed $100 per 3-pointer Made During the Women’s and Men’s Pac-12 Basketball Tournaments
Pacific Premier Bancorp, Inc. (Nasdaq: PPBI), the holding company of Pacific Premier Bank (“Pacific Premier”), announced today it has made a donation of $28,700 to the National Urban League and Historically Black Colleges and Universities (HBCUs), following the joint campaign with the Pac-12 Conference that ran during the 2021 Women’s and Men’s Pac-12 Basketball Tournaments. Pacific Premier, the official bank of the Pac-12 conference, pledged to donate $100 per every 3-pointer made throughout the Pac-12 Basketball Tournaments, which included 132 3-pointers in the Women’s Tournament and 155 3-pointers in the Men’s Tournament.
The Pac-12 Student-Athlete Leadership Team chose the two beneficiary organizations, National Urban League and HBCUs, in support of their longstanding efforts in advocating for social justice and racial equity. The total $28,700 donation will be split evenly between the two organizations.
“Pacific Premier Bank strongly supports the fight for social justice and racial equality, and we share a like-minded partner in the Pac-12 Conference,” said Steve Gardner, Chairman and CEO of Pacific Premier. “We are thrilled to be able to collaborate with Pac-12 student-athletes and further the Pac-12’s long history of efforts and initiatives to improve our society and end discrimination.”
“Having a partner like Pacific Premier Bank that is committed to not only supporting the Pac-12 and our student-athletes, but also standing with us in the fight for social justice makes for an incredibly powerful partnership,” said Steve Tseng, Pac-12 Executive Vice President of Sales. “We look forward to continuing to work with Pacific Premier Bank in this critically important initiative in support of social justice.”
About the National Urban League
The National Urban League is a historic civil rights organization dedicated to economic empowerment in order to elevate the standard of living in historically underserved urban communities. The National Urban League spearheads the efforts of its 90 local affiliates through the development of programs, public policy research and advocacy, providing direct services that impact and improve the lives of more than 2 million people annually nationwide. Visit www.nul.org and follow them on Facebook, Twitter, and Instagram: @NatUrbanLeague.
About the Pac-12 Conference
The Pac-12 Conference has a tradition as the “Conference of Champions,” leading the nation in NCAA Championships in 54 of the last 60 years, with 531 NCAA team titles overall. The Conference comprises 12 leading U.S. universities - the University of Arizona, Arizona State University, the University of California, Berkeley, the University of California at Los Angeles (UCLA), the University of Colorado, the University of Oregon, Oregon State University, Stanford University, the University of Southern California, the University of Utah, the University of Washington and Washington State University. For more information on the Pac-12 Conference’s programs, member institutions, and Commissioner Larry Scott, go to Pac-12.com/conference .
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